Karachi, The Hub Power Company Limited informed Karachi Stock Exchange about board meeting of the company scheduled to be held on October 28, 2014 at Rawalpindi. The agenda of the meeting is to approve unaudited first quarterly accounts as on September 30, 2014.
Further, the closed period of the company shall be from October 20, 2014 to October 28, 2014.
HUBCO was incorporated in Pakistan in 1991as a limited liability company. The company owns oil-fired power station with installed net capacity of 1,200 MW in Baluchistan and 214 MW Punjab. The Hub Power Company is listed on the Karachi, Lahore and Islamabad Stock Exchanges. The Global depository receipts are also listed on the Luxemburg Stock Exchange.
The production capacity of the power stations varies. The business partners of HUBCO are Water and Power Development Authority, Pakistan State Oil, National Transmission and Despatch Company Limited, BAKRI Trading Company Pakistan, Government of Pakistan, Government of Baluchistan and International Power.
The symbol “HUBC” is being used by the stock exchanges for the shares of the Hub Power Company Private Limited.