Chakwal Spinning Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on December 27, 2019 at Lahore.

The agenda of the meeting will to receive, consider and adopt the Audited Account of the Company for the year ended June 30, 2019 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2020 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from December 21, 2019 to December 27, 2019 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/140260.pdf

Chakwal group has around 160,000 spindles, which are operationally organized into 6 spinning units; the entire machinery is from world-renowned manufactures. Chakwal Spinning consists of 34,552 Spindles. The flag ship company of Chakwal Group is Kohinoor Spinning comprising of 80,000 spindles, distributed into three separate units which are tailor made to make specialized yarns. The unit has its own in house doubling and is capable of producing 75 tons of cotton and blended yarn per day.

The symbol "CWSM" is being used by the stock exchanges for the shares of Chakwal Spinning Mills Limited.

© Pakistan Press International, source Asianet-Pakistan