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BYCO’s BoD approves company’s name change to Cnergyico Pk Limited

June 14, 2021(MLN): The Board of Directors of Byco Petroleum Pakistan Limited (the “Company”) has considered and approved a change in the Company's name from ‘Byco Petroleum Pakistan Limited’ to ‘Cnergyico Pk Limited’, said notification to PSX.

To recall, the Company at its Extraordinary General Meeting (“EGM”) dated 26th April 2021 had approved the change of the name of the Company from ‘Byco Petroleum Pakistan Limited’ to ‘Cinergyco Pk Limited’.

Subsequent to the said EGM, the majority shareholder of the Company shared the name change certificate, which states its new name as ‘Cnergyico Mu Incorporated’. There is a minor difference in the name of the majority shareholder. Accordingly, in order to ensure unification and harmonization of the name of the Company with its majority shareholder, the name of the Company is being changed from ‘Byco Petroleum Pakistan Limited’ to ‘Cnergyico Pk Limited’.

Consequently, for such purpose, the Board has also resolved to call an EGM for seeking approval/authorization of shareholders of the Company in respect thereof, the notice said.

Copyright Mettis Link News

Posted on: 2021-06-14T13:48:00+05:00

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