AKD Capital Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 27, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 649,324 with loss per share 0.26 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 01, 2020 to April 01, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/146621.pdf

AKD Capital Limited engages in real estate development activities in Pakistan. It also offers projects financing and management services; invests in listed securities; and engages in leasing activities. The company was incorporated in 1936 and is based in Karachi, Pakistan.

The symbol "AKDCL" is being used by the stock exchanges for the shares of AKD Capital Limited.

© Pakistan Press International, source Asianet-Pakistan