PSO clarification

Published December 7, 2016

THIS is with reference to the letter ‘PSO dividend’ (Dec 4). We thank Mr Magoon for his interest in the processes of the company and compliances thereof. However, we would like to clarify that as per SRO 920(I)/2008 dated Sept 3, 2008, the dividend is to be paid within 30 days of its declaration.

The dividends are declared and approved at the annual general meeting. The AGM of the PSO was held on Oct 21 and the dividend was disbursed subsequent on the completion of the due process before the stipulated time period.

Company Secretary

PSO

Karachi

Published in Dawn December 7th, 2016

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.