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Recent Press Releases

Mock Session – Network Enhancement

July 22, 2016 | | Share:

Karachi, Pakistan Stock Exchange informed that they are implementing some changes in the PSX network. In order to test the said arrangement, the IT division has arranged a MOCK session on July 23, 2016.

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Financial results of Siemens Pakistan Engineering Company Limited for period ended June 30, 2016

July 22, 2016 |

Karachi, Siemens Pakistan Engineering Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held in Dubai on July 21, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended June 30, 2016 which portrayed a profit of Rs. 1,334,405 earnings per share 161.80 and a loss of Rs. 258,945 with loss per share 31.40 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Siemens Pakistan Engineering Company Limited was founded in 1922 in the Indo-Pak region. In 1953 the company was recognized as a private limited company. In 1963 the company was restructured as a public limited company. The business of the company includes operating in the industry sector, energy sector, health care sector, and infrastructure and cities sector. The head office of the company is located in Karachi whereas the regional offices of the company are in Lahore, Islamabad and Quetta. The representative offices of the company are located in Peshawar and Multan. The core operations of the business include supplying high voltage grid stations, switch gear products and systems, power and distribution transformers and network consultancy. The company is engaged in educating the students about the engineering advancements and for this automated labs have been structured. The recent projects of the company in Pakistan include development of the airfield lighting solution for Pakistan’s first green field project, the Benazir Bhutto International Airport in Islamabad, supply, installation, testing and commissioning of an integrated building management system for Dolmen Mall, Karachi and providing smart grid turnkey automation solutions to the Karachi Electric Supply Company Load Dispatch Center. The symbol “SIEM” is being used by the stock exchange for the shares of Siemens Pakistan Engineering Company Limited.

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Suspension of trading in the shares of the companies

July 22, 2016 |

Karachi, Pakistan Stock Exchange informed that trading in the shares of the following companies shall remain suspended for another period of 60 days from July 26, 2016 or until such time as the cause of suspension have been rectified.
Metropolitan Stee…

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Relinquishment / Surrender of TRE certificate – Amin Tai Securities (Pvt) Limited

July 22, 2016 |

Karachi, Pakistan Stock Exchange informed that no objections/claims regarding Amin Tai Securities (Pvt) Limited have been received by the Exchange. Therefore, Amin Tai Securities (Private) Limited request for relinquishment/surrender of TRE Certificat…

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Suspension of trading in the shares of National Fibres Limited and Prudential Investment Bank Limited

July 22, 2016 |

Karachi, Pakistan Stock Exchange informed that trading in the shares of National Fibres Limited and Prudential Investment Bank Limited shall remain suspended for another period of 60 days from July 25, 2016 or until such time as the cause of suspension…

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List of firms having satisfactory QCR ratings

July 22, 2016 |

Karachi, Pakistan Stock Exchange informed that the firm Rafaqat Mansha Mohsin Dossani Masoom and Co., Chartered Accountants has been removed from the list of firms having satisfactory QCR ratings w.e.f July 15, 2016.

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Suspension of trading in the shares of Pak Leather Crafts Limited and S. G. Fibre Limited

July 22, 2016 |

Karachi, Pakistan Stock Exchange informed that trading in the shares of Pak Leather Crafts Limited and S. G. Fibre Limited shall remain suspended for another period of 60 days from July 24, 2016 or until such time as the cause of suspension have been r…

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Business News

Iffat Gardezi for ‘Trade Plan’ to improve Pakistan-Netherlands trade, investment ties

July 22, 2016 | General Business News | Share:

Karachi, July 22, 2016 (PPI-OT): Pakistan’s Ambassador to the Netherlands, Iffat Imran Gardezi has said that during her stay in the Netherlands as Pakistan’s Ambassador, she will be enthusiastically focusing on devising an effective “Trade Plan” with a view to promote Pakistani products and services which would result in improving the existing trade and investment …

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Official News

Precautionary measures against typhoid save lives: Jam Mehtab Hussain Dahar

July 22, 2016 | Ministries | Share:

Karachi, July 22, 2016 (PPI-OT): On the directives of Provincial Minister for Health Jam Mehtab Hussain Dahar, an awareness and training seminar for doctors and paramedics on Typhoid vaccination and […]

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Company News

Board of directors meeting of East West Life Assurance Company Limited

July 22, 2016 | Board Meetings | Share:

Karachi, East West Life Assurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company held on July 22, 2016 at Karachi to consider the special resolution regarding increase in authorized capital and date of extraordinary general meeting. East West Life Assurance Company Limited is a company established in the year 1992 at Quetta under the name of The Metropolitan Life Assurance Company of Pakistan Limited. The foundations of the company are laid under the Companies Ordinance, 1984. The name of the company was changed to East West Life Assurance Company Limited in 2008. The sponsors of the company were already engaged in general insurance business under the name of East West Insurance Company Limited. The company commenced underwriting life insurance business and made progress in the field of life and health insurance businesses. The company has nearly 20 offices nationwide and is a member of the Insurance Association of Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “EWLA” is being used by the stock exchanges for the shares of East West Life Assurance Company Limited.

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Energy & Power

Rivers flows and reservoirs level report

July 22, 2016 | Energy & Power | Share:

Lahore, July 22, 2016 (PPI-OT): The position of the river inflows and outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages today is as under: […]

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Board Meetings

Board of directors meeting of East West Life Assurance Company Limited

July 22, 2016 | Board Meetings | Share:

Karachi, East West Life Assurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company held on July 22, 2016 at Karachi to consider the special resolution regarding increase in authorized capital and date of extraordinary general meeting. East West Life Assurance Company Limited is a company established in the year 1992 at Quetta under the name of The Metropolitan Life Assurance Company of Pakistan Limited. The foundations of the company are laid under the Companies Ordinance, 1984. The name of the company was changed to East West Life Assurance Company Limited in 2008. The sponsors of the company were already engaged in general insurance business under the name of East West Insurance Company Limited. The company commenced underwriting life insurance business and made progress in the field of life and health insurance businesses. The company has nearly 20 offices nationwide and is a member of the Insurance Association of Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “EWLA” is being used by the stock exchanges for the shares of East West Life Assurance Company Limited.

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Entertainment

NCHD plans to educate prisoners in jails: Razina Alam

July 13, 2016 | Entertainment, General | Share:

National Commission for Human Development (NCHD) has planned to educate prisoners in jails under a massive programme alongwith the skill development to make the prisoners useful citizens after their release from jails.It was decided in the senior manag…

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