December 16, 2017 10:11 PM ET

Food Products

Company Overview of Morafco Industries Ltd.

Company Overview

Morafco Industries Ltd. manufactures and markets cooking oil and vegetable ghee. The company was founded in 1960 and is based in Lahore, Pakistan.

87-Shahrah-e-Quaid-e-Azam

Lahore,  

Pakistan

Founded in 1960

Phone:

92 36 285 695

Fax:

92 36 363 805

Key Executives for Morafco Industries Ltd.

Morafco Industries Ltd. does not have any Key Executives recorded.

Morafco Industries Ltd. Key Developments

Morafco Industries Ltd's Board Meeting Approves Voluntary Delisting From Pakistan Stock Exchange

Being a listed company, it has become difficult for the Morafco Industries Ltd. to meet its burdensome compliance costs to comply with different rules and regulations as required by a listed company. Compliance cost constitutes the major element of administrative expenses, especially when the operations of the company have closed down since 1997 and for past several years it has been making losses, it is not in a position to come up with such compliance costs in future. So, it was unanimously decided in BOD meeting that, it is possibly the best course of action in current scenario to go for voluntary de-listing of the company from Pakistan Stock Exchange. The company has received NOC of de-listing of the company from Privatization Commission vide letter No.F.NO14(15) PC/94 PC/94 dated 27-04-2016. II has also received the clearance from Ministry of Industries & (ll Production vide its letter dated 22-08-2016 for de-listing of the company.

Morafco Industries Ltd. to Report Fiscal Year 2017 Results on Oct 09, 2017

Morafco Industries Ltd. announced that they will report fiscal year 2017 results at 10:00 AM, Pakistan Standard Time on Oct 09, 2017

Morafco Industries Ltd., Annual General Meeting, Oct 30, 2017

Morafco Industries Ltd., Annual General Meeting, Oct 30, 2017, at 10:00 Pakistan Standard Time.

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