Karachi, Akzo Nobel Pakistan Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on August 23, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended June 30, 2016.
Further, the closed period of the company shall be from August 16, 2016 to August 23, 2016 (both days inclusive).
Akzo Nobel Pakistan Limited was incorporated in Pakistan on August 25, 2011. The foundations of the company are laid under the Companies Ordinance, 1984. The company is involved in manufacturing and trading of paints and specialty chemicals. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.
AkzoNobel Group acquired ICI in 2008 bringing together the innovation, leadership and expertise of both companies. The ultimate holding company is Akzo Nobel N.V. The businesses of the company include decoration business refinish business, industrial business and specialty chemicals. In 2011, The Board of Directors of ICI Pakistan Limited approved a proposal from its ultimate holding company Akzo Nobel N.V. to restructure its interest in ICI Pakistan Limited by separation of the Paints Business into a separate legal entity through a scheme of demerger. As of June 1, 2012, we are now operating as AkzoNobel Pakistan.
AkzoNobel is a global paints and coatings company which supplies industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. The portfolio of the company includes brands such as Dulux, Sikkens, International and Eka.
The symbol “AKZO” is being used by the stock Exchange for the shares of Akzo Nobel Pakistan Limited.