Resignation of director of Dawood Hercules Corporation Limited

Karachi: Dawood Hercules Corporation Limited informed Karachi Stock Exchange about Resignation of Mr. Javed Akbar and Mr. Muhammad Asif Saad as a Directorship of Dawood Hercules Corporation Limited with immediate effect. The casual vacancy shall be filled by the board in accordance with the relevant laws and regulations and the members shall be informed accordingly.

“Dawood Hercules Corporation Limited formely known as Dawood Hercules Chemicals Limited was incorporated in Pakistan on April 17, 1968 as a public limited company. The foundations of the company have been laid using the Companies Ordinance, 1984.The principal activities of the business are to manage the investments in its subsidiary and associated companies. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

Business interests of the company include DH Fertilizers Limited, Dawood LAwrencepur Limited, Tenaga Generasi Limited, Pebbles Private Limited, Inbox Business Technologies Private Limited, Elixir Securities Pakistan Private Limited and Cyan Limited.

The symbol “DAWH” is being used by the stock exchanges for the shares of Dawood Hercules Corporation Limited.