زمرہ: Hubco

HUBCO DECLARES FINANCIAL RESULTS (UNAUDITED) FOR THE 3RD Quarter Ended MARCH 31, 2010

Karachi: April 28, 2010: The Board of Directors of the Hub Power Company in their meeting held at the Head office of the Company has approved the Un-audited Financial Results for the Company’s third quarter ended March 31, 2010.A spokesperson of HUBCO has informed that the consideration of an Interim Dividend was not at the agenda at their meeting 

Background information of the company is available on our website http://www.hubpower.com

Resignation & Appointment of Chief Executive Officer (CEO)

Karachi: April 29, 2010: A spokesperson of  The Hub Power Company Limited advised that Mr. Javed Mahmood, Chief Executive Officer has resigned and Mr. Vince R. Harris, OBE a member of our Board has been appointed as Chief Executive Officer of the Company in his with effect from April 28,2010 for a period of one year.

The spokesperson added that Mr. Vince R. Harris had previously served as CEO of the company from June 2001 to December 2004 and has been on the Hubco Board ever since Mr. Harris has also been serving on the Board of the Laraib Energy Limited(a subsidiary of the Hub Power Company Limited)