Balochistan Particle Board Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 815 with loss per share 0.136 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/146297.pdf

Balochistan Particle Board Limited is a public limited company incorporated in Pakistan. The manufacturing operations of Urea Formaldehyde continued to remain closed on account of prevailing adverse conditions. Company's present business operations comprise of letting out part of its premises to third parties for purposes of storage and conduct commercial operations. The registered office of the company is located in Karachi. The factory is located in Baluchistan. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The associated companies of the business are Bank Al Habib Limited, Greenshield Insurance Brokers Private Limited, Habib & Sons Private Limited, Habib Capital Management Private Limited, Habib Commercial Company Private Limited, Habib IT Solutions Private Limited, Habib Leasing Corporation Private Limited, Habib Mercantile Company Private Limited, Habib Sugar Mills Limited, Hasni Knitwear Private Limited, Hasni Textiles Private Limited, Investment Consultancy Private Limited, National Mercantile Company Private Limited and S.M.E. Leasing Limited.

The symbol "BPBL" is being used by the stock exchanges for the shares of Baluchistan Particle Board Limited.

© Pakistan Press International, source Asianet-Pakistan