Habib Insurance Company Limited has announced the dispatch and credit of remaining bonus shares that were previously withheld due to withholding tax liabilities. These shares have now been credited to eligible shareholders who provided the necessary tax payment documentation.
- Remaining bonus shares have been dispatched/credited to entitled shareholders.
- This action pertains to shares withheld under Section 236Z of the Income Tax Ordinance, 2001.
- Shareholders needed to submit documentary evidence of tax payment within the prescribed timeline.
- The company aims to keep shareholders informed regarding their entitlements.