Shareholders commend PSO’s business performance | Pakistan Today

Shareholders commend PSO’s business performance

The shareholders of Pakistan State Oil (PSO), the nation’s oil market leader and the largest company in Pakistan in terms of turnover applauded the company’s extraordinary business performance during FY2014 at the company’s 38th Annual General Meeting (AGM). The shareholders expressed their utmost confidence in the company’s management and their efforts to provide value addition to the stakeholders. The shareholders approved the financial statements together with auditor’s report for the fiscal year ended June 30, 2014 besides payment of final cash dividend of Rs 4 per share in addition to the earlier interim cash dividends of Rs. 4 per share (equivalent to 80%) and issuance of bonus stock at the rate of 10%. These impressive numbers won tremendous appreciation from the shareholders who stated that they were proud to be part of such a high-performing and well managed company. The meeting was chaired by PSO BoM Chairman – Mr. Mujahid Eshai and Managing Director & CEO of PSO, Mr. Amjad Parvez Janjua presented the performance highlights of the company. The annual general meeting was attended by various members of the PSO Board and the management team.

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