Karachi: Moonlite Pakistan Limited informed Karachi Stock Exchange about the notice hereby given for scheduling of Board Meeting on June 16, 2015 at Karachi. The agenda of the meeting is to consider and recommend to the shareholders for approval the scheme of Merger of the Company with Bunny’s Limited, Change of Registered Office of the Company from Sindh to Punjab, Incorporating amendments in the Memorandum and Articles of the Company to include the activities to commensurate the Business of the Company.
Further, the closed period of the company shall be from June 16, 2015 to June 23, 2015.
Moonlite Pakistan Limited was incorporated in Pakistan in April 10, 1964 as a public limited company under the Companies Ordinance, 1984 and converted into public listed company in September 1970. The company is listed on the Karachi Stock Exchange and principally engaged in the business of manufacturing of woolen yarn.
The product line of the company includes woolen yarn, acrylic blanket and allied cotton synthetic products. During the fiscal year ended June 30, 2012, the company produced 303,810 kilograms of wool.
The manufacturing facility of the company is located in Baluchistan and the registered office of the company is situated in Karachi.
The symbol “MOON” is being used by the stock exchange for the shares of Moonlite Pakistan Limited.