Financial results of JS Investments Limited for Year ended December 31, 2019.

Karachi -- JS Investments Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 21, 2020.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for year ended December 31, 2019 which portrayed a loss of Rs. 86,645,215 and Rs. 82,411,165 with loss per share 1.17 and 1.11 basic and diluted respectively.

Further, 40% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 02, 2020 to April 09, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/143231.pdf

JS Investments Limited is a public listed company incorporated in Pakistan on February 22, 1995. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a subsidiary of JS Bank Limited which has 52.24 percent direct holding in the company. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The company has obtained the license of an Investment Adviser and Asset Management Company under the Non-Banking Finance Companies Establishment and Regulation Rules, 2003 the NBFC Rules and the...