Dewan Automotive Engineering Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on January 01, 2020 at Karachi.

The agenda of the meeting will be confirming the minutes of the preceding general meeting held on October 24, 2019, to elect seven directors on the Board of Directors of the Company, pursuant to the provisions of section 159 of the Companies Act, 2017 and to consider any other business with permission of the Chair.

Further, the closed period of the company is from December 01, 2019 to December 01, 2019 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/140262.pdf

Dewan Automotive Engineering Limited is a company incorporated in Pakistan on May 6, 1982. The commercial operations of the company commenced in August, 1983. It is a public Limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal business of the company is assembly-cum progressive manufacture and sale of tractors, light commercial vehicles and motorcycles and trading/manufacturing of parts and implements related. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The factory of the company is located in Hub, Balochistan.

The symbol "DWAE" is being used by the stock exchanges for the shares of Dewan Automotive Engineering Limited.

© Pakistan Press International, source Asianet-Pakistan