Credit/Dispatch of Bonus Share Certificates of Avanceon Limited.

Karachi -- Avanceon Limited informed Pakistan Stock Exchange that the share certificates in respect of Bonus Share i.e. 10% for the period ended December 31, 2020, announced on May 29, 2020 have been dispatched to the shareholders through the registered post/credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited (CDC) on June 22, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/image/149196-1.gif

Avanceon Limited incorporated in Pakistan in 1984. It provides engineering services in electrical, controls, machine design, information technology, and manufacturing business strategy. The services of the company in engineering services, software solutions, energy optimization, and support services enables its clients with the opportunity to achieve powerful business results and financial returns for its customers. The corporate headquarters of the company is located at Exton, PA USA, with company operational facilities in South Asia and Dubai, UAE. The registered head office of the company in Pakistan is located in Lahore. The company currently employees over 300 personnel and provides services, solutions and products to Food...