Board meeting of Hinopak Motors Limited to be held on July 22, 2016

Karachi, Hinopak Motors Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on July 22, 2016 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for period ended June 30, 2016.

Further, the closed period of the company shall be from July 15, 2016 to July 22, 2016 (both days inclusive).

Hinopak Motors Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is assembly, manufacture and sale of Hino buses and trucks. The company also sells buses and trucks in the international market. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The company is a subsidiary of Hino Motors Limited Japan and the ultimate parent of the company is Toyota Motors Corporation Japan. In 1998, Hino Motors Limited and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding sponsors. It has over 50% share in the Pakistani Truck and Bus industry.

The symbol “HINO” is being used by the stock exchanges for the shares of Hinopak Motors Limited.