Karachi, Dewan Automotive Engineering Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 08, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2017.
Further, the company has declared the closed period fromJanuary 02, 2018 to January 08, 2018.
Dewan Automotive Engineering Limited is a company incorporated in Pakistan on May 6, 1982. The commercial operations of the company commenced in August, 1983. It is a public Limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal business of the company is assembly-cum progressive manufacture and sale of tractors, light commercial vehicles and motorcycles and trading/manufacturing of parts and implements related. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The factory of the company is located in Hub, Balochistan.
The symbol “DWAE” is being used by the stock exchanges for the shares of Dewan Automotive Engineering Limited.