Credit of Final Cash Dividend of B.R.R. Guardian Modaraba.
Karachi -- B.R.R. Guardian Modaraba informed Pakistan Stock Exchange that the final cash dividend @ Rs. 0.34 per share, i.e. 3.4% for the year ended June 30, 2018 has been credited electronically into the designated bank accounts of the shareholders of the Company on December 24, 2018.
The announcement is available at:
https://www.psx.com.pk/notices-updates/detail2.php?0.738051553793055&id=4&nid=123800
"Mr. Siddique Dawood (Late), an eminent member of Dawood family, in collaboration with National Development Finance Corporation Limited formed B.R.R. Investments (Private) Limited (BRRI) [formerly B.R.R. Investment Services (Private) Limited] in April, 1983 to promote investments in Pakistan through leasing. The company was registered on August 7, 1984 as a Modaraba Management Company under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. The Company floated two Modarabas in the name and style of B.R.R. CAPITAL MODARABA and B.R R. SECOND MODARABA in 1985 and 1990 with a paid up fund of Rs. 20 million and Rs. 100 million respectively. The first lease was executed on 26 March, 1984. Additionally, in August 1993 Equity International Modaraba (ElM) was floated with a paid up capital of Rs.150 million by Equity International (Pvt.) Ltd. (ElL). It was sponsored by BRRI, International Finance Corporation (IFC), Robert Fleming and Company (Flemings), and Saudi Pak Industrial & Agricultural Investment Company (Pvt.) Ltd. (SAPICO)...
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