In a recent notice filed to Pakistan stock Exchnage BYCO has informed that in a meeting held today board of directors of Byco Petroleum Pakistan Limited (the “Company”) has considered and approved a change in Company's name from ‘Byco Petroleum Pakistan Limited’ to ‘Cnergyico Pk Limited’.
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The Company at its Extraordinary General Meeting (“EGM™”) dated 26" 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’.
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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.”
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