Premier Insurance Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 05, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2019 which portrayed a loss of Rs. 239,761 with loss per share 4.74 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 May 19, 2020 to May 29, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/attachment/147489-1.pdf

Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The products of the company includes property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance, group health insurance and specialized insurance.

The symbol "PINL" is being used by the stock exchanges for the shares of Premier Insurance Limited.

© Pakistan Press International, source Asianet-Pakistan