Avanceon Limited Announces Crediting of Final Cash Dividend to Shareholders

Karachi, Avanceon Limited has successfully credited the final cash dividend for the year ended December 31, 2023. Shareholders who provided electronic mandates with complete 24-digit IBAN numbers received a dividend of Rs. 2 per share, totaling 20% of the value, on May 9, 2024. However, dividends for shareholders lacking the required IBAN numbers and CNIC copies have been withheld in compliance with the Companies Act, 2017.