Extraordinary general meeting of Husein Industries Limited held on July 05, 2016

Karachi, Husein Industries Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company held on July 05, 2016 at Karachi.

The agenda of the meeting was to approve the settlement arrived at with Habib Metropolitan Bank Limited and sale of Land, Building, Plant and Machinery in order to pay off its liabilities to Habib Metropolitan Bank Limited.

Husein Industries Limited was incorporated in 1951 as a manufacturer and exporter of textile products. The company’s manufacturing activities includes spinning, weaving and processing of home textile and apparel. The products of the company range from bedding, curtains, cushions, blankets and other apparels. The registered office of the company is located in Karachi.

The symbol “HUSI” is being used by the stock exchange for the shares of Husein Industries Limited.