East West Industries Company., Limited’s declaration of any entitlement/any other corporate action
Karachi: We have to inform you that the Board of Directors of our company in their meeting held on Tuesday 20th September 2011 at 3:00 P.M at 410, EFU House, M.A Jinnah Road Karachi recommended the following:
(i) Bonus Shares
It has been recommended by the Board of Directors to issue interim Bonus shares in proportion of one (1) share for every ten (10) shares held i.e.10%.
(ii) Right Shares
The Board has recommended to issue 10% Right Shares at par in proportion of one (1) share for every ten (10) shares. The entitlement of right shares being declared simultaneously will not be applicable on Bonus shares as declared above.
(iii) Any Other Price-Sensitive Information
The Extraordinary General Meeting of the Company will be held on Wednesday October 12, 2011 at 12:00 Noon at the registered office. 27, Regal Plaza Jinnah Road, Quetta. The Share Transfer Books of the Company will remain closed from October 12, 2011, to October 16, 2011, (both days inclusive) for Extraordinary General Meeting and from November 9, 2011, to November 13, 2011 (both days inclusive) for entitlement of Bonus Shares and Right Shares.
For more information, contact:
Shabbir Ali Kanchwala
East West Industries Company., Limited
410- 414, EFU House,
M.A Jinnah Road, Karachi-2
PABX: +92 (021)32313304-11
Fax: +92 (021) 32310851