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Karachi, In a significant development, Pakistan International Container Terminal Limited has announced its First Interim cash dividend for the year ending December 31, 2023. The Board of Directors made this declaration during its meeting on August 28, 2023, much to the delight of the company’s valued shareholders.
The First Interim cash dividend amounts to Rs. 20.00 per ordinary share, representing an impressive 200% payout. This dividend reflects the company’s strong financial performance and its commitment to sharing its success with its shareholders.
To be eligible for this dividend, shareholders must have their names listed in the Register of Members of the company by the close of business hours on September 07, 2023.
In preparation for the dividend distribution, Pakistan International Container Terminal Limited has decided to close the share transfer books from September 08, 2023, to September 12, 2023, inclusive. During this period, the company will not accept any applications for the registration of share transfers. Transfers that are submitted in good order at the office of the company’s Share Registrar, “M/s. CDC Share Registrar Services Limited, CDC House, 99-B, Block ‘B’, SMCHS, Main Shahra-e-Faisal, Karachi – 74400,” by the close of business hours on September 07, 2023, will be considered on time for the purpose of determining the entitlement of transferees to receive the First Interim cash dividend.
This announcement signifies Pakistan International Container Terminal Limited’s dedication to rewarding its shareholders for their ongoing support and trust in the company. The First Interim cash dividend is expected to be warmly received by investors as it aligns with the company’s commitment to delivering value and financial success.
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