Thatta Cement appoints directors and appproves WHR project at AGM

Thatta Cement appoints directors and appproves WHR project at AGM
18 October 2018


At Thatta Cement Co Ltd's (TCCL) annual general meeting the company elected seven directors for a three-year term commencing from 16 October 2018. The appointments include Khawaja Mohammad Salman Younis, Muhammad Taha Hamdani, Agha Sher Shah, Shahid Aziz Siddiqui, Naheed Memon, Saleem Zamindar and Shahzad Sabir.

The company has also approved the time period for providing a PKR300m (US$2.25m) loan/advance facility to its subsidiary company, Thatta Power (Pvt) Ltd (TPPL),  as approved by the shareholders, and extended it further for a period of one year, ie until the next annual general meeting.

The company further ratified that Waste Heat Utilisation Agreement (WHUA) with TPPL in relation to the waste heat recovery project undertaken by TPPL, and approved and confirmed together with all actions and deeds undertaken by Thatta Cement company in connection with WHUA.

Published under Cement News