Approval of 40% cash dividend of Wah Noble Chemicals Limited : AsiaNet-Pakistan

Approval of 40% cash dividend of Wah Noble Chemicals Limited

November 30, 2016 | | Share:

Karachi, Wah Noble Chemicals Limited informed Pakistan Stock Exchange that a cash dividend @ 40% recommended by the Board of Directors for the year 2015-16 has been approved by the shareholders in their annual general meeting held today. Wah Nobel is a company founded in 1962 in Pakistan. It is a joint venture between Saab Sweden, Almisehal Saudi Arabia and the Pakistan Ordnance Factories. The foundations of the company are laid on the principals of Companies Ordinance, 1984. Wah Nobel shows safety, reliability, service and commitment in its products. The products of the company are used both locally and internationally. The main product of the company is explosives. It also provides training facilities for its customers. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Wah Cantt. The symbol “WAHN” is being used by the stock exchanges for the shares of Wah Nobel.

Category: General