Archive for 2012
Soneri Bank Limited’s dispatch/ credit of bonus shares
Karachi, December 31, 2012 (PPI-OT): We are pleased to inform you that the share certificates in respect of bonus shares @ 11% (B-15) announced by the Board of Directors of the Bank on 21 November 2012 have been dispatched to the shareholders through the registered post on 31 December 2012. The bonus entitlement of those [...]
Engro Corporation Limited’s dividends and entitlements of the listing regulations
Karachi, December 31, 2012 (PPI-OT): Please find enclosed herewith the share transactions received by us from the Directors/ CEO/Executives, as required under Chapter V, titled “Dividends and Entitlements” of the Listing Regulations. Shares Declaration Form To: cismaria@engro.com 1) Name of listed Company whose shares were transacted: Engro Corporation Ltd. 2) Employee’s/spouse’s Name: Samira Kamil 3) [...]
N.P. Spinning Mills Limited’s election of directors by
Karachi, December 31, 2012 (PPI-OT): In compliance with the listing regulations of the Exchange, we would like to inform you that as a result of EOGM/Board Meeting held on 29-12-2012 for (i) Election of Directors for the term 2012-2015, and (ii) appointment of Chairman/ Chief Executive/ Audit Committee the Board of Directors/ Audit Committee of [...]
Fateh Textile Mills Limited’s despatch of final dividend warrants
Karachi, December 31, 2012 (PPI-OT): We are pleased to inform you that the dividend warrants in respect of final dividend at Rs. 0.50 per share i.e. 5% for the year ended June 30, 2012 have been dispatched to the shareholders through Courier. For more information, contact: Director Fateh Textile Mills Limited P.O. Box No: 69A/4, [...]
Century Paper and Board Mills Limited’s board of directors meeting
Karachi, December 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of the Company, in their meeting held on Friday 28 December 2012 at 10:30 a.m. at the Registered office of the Company at Lakson Square, Building No. 2, Sarwar Shaheed Road, Karachi has considered and approved the following subject to [...]
Sindh Abadgar’s Sugar Mills Limited’s financial results for the year ended 30th September, 2012
Karachi, December 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on Friday 28th December, 2012 at 4:00 p.m. at its registered office 209, 2nd Floor, Progressive Plaza, Beaumont Road, Karachi, recommended the following: (i) Cash Dividend A final Cash Dividend for the year [...]
Extension of Sui Southern Gas Company bills payment date
Karachi, December 31, 2012 (PPI-OT): Due to the ‘Bank holiday’ on 1st January 2013, the due date for the payment of Gas bills for SSGC’s customers falling on 1st January 2013 has been extended to 2nd January 2013. This has been done as a Special Case to facilitate its valued customers, the SSGC’s press release [...]
‘Pakistan will have first Liquefied Natural Gas terminal within two months’
Lahore, December 31, 2012 (PPI-OT): Pakistan will have first LNG terminal within two months while mega projects will take another six month to come on line. This was stated by the Managing Director SNGPL Arif Hameed while speaking at the Lahore Chamber of Commerce and Industry on Monday. LCCI President Farooq Iftikhar, Vice President Mian [...]
Schedule for Compressed Natural Gas stations’ closure in Sindh
Islamabad, December 31, 2012 (PPI-OT): Sui Southern Gas Company has announced the schedule for closure of CNG stations for the current week. According to the media release of SSGC, all the CNG stations in Sindh will remain closed for 48 hours from 08:00 am on Tuesday 01 January 2013 till 08:00 am on Friday 04 [...]
KASB Securities Limited and Economics Research- The Keystone – Equities
Karachi, December 31, 2012 (PPI-OT): KSE-100: KSE-100: Surpassing 16,968 with momentum would be the key According to KASB Securities Limited, • Closing at the highest ever level of 16,943, the technical picture continues to remain dubious due to its lackluster behavior. • A few index components have however, already witnessed some correction during past three [...]
KASB Securities Limited and Economics Research- Commodities Corner
Karachi, December 31, 2012 (PPI-OT): Standing at the tip of the crevice as budget talks stall According to KASB Securities Limited, • Another sell-off was in store for global markets on Friday (Dow Jones -1.2%, Euro Stoxx50 -1.2%) as weekend talks on the fiscal cliff remain inconclusive. It seems that during early days of 2013, [...]
Morning Shout released by KASB Securities Limited and Economics Research
Karachi, December 31, 2012 (PPI-OT): NBP: Near term yield does not overshadow concerns According to KASB Securities Limited, • KASB Securities Limited maintains Under-perform stance on NBP, where KASB Securities Limited believes double digit yield (13% CY12E) is not sufficient to override concerns on 1) uncertainty for state owned bank vis-à-vis elections; 2) asset quality [...]
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