Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, October 06, 2011 at 12:30 PM at Islamabad Club Islamabad to recommend/approve the following:
1. Cash dividend nil %
2. Bonus shares nil %
3. Right shares nil %
4. Approve budget for 2nd quarter and defer the remaining quarters lot next BOD meetings.
5. A four Committee was formed by the BOD to address the incentive compensation issue of Ex- CEO.
6. Give go ahead for reopening of Tariff with NEPRA and passed the necessary resolution for submission of tariff petition to NEPRA.
For more information, contact:
Zain ul Abidin
Japan Power Generation Limited
Jia Bagga, Raiwind Road,