Decisions made in board meeting of Habib Sugar Mills Limited

Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange that the board of Directors of the Company in their meeting held on May 28, 2016 at Karachi has approved capital expenditure of Rs. 1,100 million for enhancement of the sugarcane crushing capacity of the mills from 8,500 TCD to 10,500 TCD through Balancing, Modification and Replacement (BMR).

Habib Sugar Mills Limited is a public limited Company incorporated in Pakistan, with its shares quoted on the Pakistan Stock Exchange. The Company is engaged in the manufacturing and marketing of refined sugar, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities.

The symbol “HABSM” is being used by the stock exchanges for the shares Habib Sugar Mills Limited.