Credit of Final Cash Dividend of Pakistan Telecommunication Company Limited.

Karachi -- Pakistan Telecommunication Company Limited informed Pakistan Stock Exchange that the Company in compliance with the requirements of Section 242 of the Companies Act, 2017 and S.R.O. 1145(I)/2017 notified by the SECP, has credited the final cash dividend of Re. 0.50/- per share i.e. 5% for the year ended December 31, 2019 in the designated International Bank Account Numbers (IBAN) of the shareholders.

The announcement is available at:

https://dps.psx.com.pk/download/document/148998.pdf

Pakistan Telecommunication Company Limited is a company incorporated in Pakistan on December 31, 1995 and commenced business on January 01, 1996. The foundations of the company are laid under the Companies Ordinance, 1984. The company was established to undertake the telecommunication business formerly carried on by the Pakistan Telecommunication Corporation (PTC). All the business was transferred to the Company on January 01, 1996 under the Pakistan Telecommunication Reorganization Act, 1996, on which date, the Company took over all the properties, rights, assets, obligations and liabilities of PTC, except...