Karachi: This is to inform you that the shareholders of the Company at their 48th Annual General Meeting held on October 31, 2011 have been approved the following.
1. Audited Accounts for the year ended June 30, 2011.
2. Appointment of M/s A.F. Ferguson and Co., Chartered Accountants and M/s M. Yousuf Adil Saleem and Co., Chartered Accountants as Joint Auditors of the Company for the year ending June 30, 2012.
3. Approved payment of Cash Dividend @ 10% i.e. Rs. 1/- per share Rs. 10/- each and 5% bonus shares.
4. Special Business:
A approved capitulation of a sum of Rs. 274.553 million for the issuance of 5% bonus shares in proportion of one share for every 20 shares hold.
For more information, contact:
Uzma Adil Khan
Sui Northern Gas Pipelines Limited