Archive for May, 2012

PPI Original Text (PPI-OT) – Pakistan not facing any risk in making International Monetary Fund’s repayments: Yaseen Anwar

Karachi, May 31, 2012 (PPI-OT): The Governor, State Bank of Pakistan, Mr. Yaseen Anwar has said that Pakistan will not face any risk in making repayments to the International Monetary Fund (IMF). ‘We face no risk in being able to make next year’s IMF payments from our adequate reserves,’ he said in a rebuttal to [...]

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PPI Original Text (PPI-OT) – Pakistan successfully conducts Flight Test of indigenously developed Cruise Missile, Hatf-VIII

Rawalpindi, May 31, 2012 (PPI-OT): Pakistan, today conducted a successful Flight Test of the indigenously developed Air Launched Cruise Missile, Hatf-VIII (Ra’ad). The Ra’ad Missile, with a range of over 350 KM, enables Pakistan to achieve strategic standoff capability on land and at Sea. ‘Cruise Technology’ is extremely complex and has been developed by only [...]

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PPI Original Text (PPI-OT) – Baroness Ashton’s Visit to Pakistan

Islamabad, May 31, 2012 (PPI-OT): Baroness Catherine Ashton, EU High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission will be visiting Islamabad to launch the Pakistan-EU Strategic Dialogue from 4-6 June 2012. The Pakistan side will be led by Foreign Minister Hina Rabbani Khar. The Strategic Dialogue is being [...]

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PPI Original Text (PPI-OT) – Government needs to adopt Small and Medium Enterprises Development as a top priority agenda: Sartaj Aziz

[ 0 ] May 31, 2012 | General Business News

Lahore, May 31, 2012 (PPI-OT): The government of Pakistan needs to adopt the SME development as a top priority agenda , which should be followed up with a rigorous review of the growth strategies to ensure sustainable growth of the economy and the country with 180 million inhabitants facing challenges of being caught in a [...]

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PPI Original Text (PPI-OT) – Nokia Targets the Next Billion with Its Most Affordable Mobile Phone Yet

[ 0 ] May 31, 2012 | General Business News

Karachi, May 31, 2012 (PPI-OT): Nokia has now introduced its new Nokia 103 across Pakistan. The mobile phone happens to be Nokia’s most affordable product yet, but it certainly doesn’t cut back on its features for such a low price range. With a plethora of built-in functions, the phone is geared towards first time mobile [...]

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PPI Original Text (PPI-OT) – Pakistan International Airlines’s material changes

[ 0 ] May 31, 2012 | Miscellaneous

Karachi, May 31, 2012 (PPI-OT): 1. In accordance with the Listing Regulations, we are pleased to convey following material changes for information of your Members: 2. As per Notification No. 4(33)/2012-F-II dated May 25, 2012, Air Chief Marshal (Retd) Rao Qamar Suleman, has been appointed as Chairman / Chief Executive Officer of PIAC, the composition [...]

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PPI Original Text (PPI-OT) – JS Investments Limited’s material information

[ 0 ] May 31, 2012 | Material Information

Karachi, May 31, 2012 (PPI-OT): In accordance with Clause (xxiii) of the Listing Regulation No. 35 under Code of Corporate Governance, we are pleased to convey the following information. The Board of Directors have decided through circular resolution dated May 28, 2012 that the Financial Year of the Company be changed from July – June [...]

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PPI Original Text (PPI-OT) – The Karachi Stock Exchange (Guarantee) Limited’s notice for declaration of security eligible for clearing and settlement through NCSS

Karachi, May 31, 2012 (PPI-OT): Please find attached Notice on the above subject, we request you to circulate a copy of the Notice to all Members of the KSE at your earliest. Notice for Declaration of Security Eligible for clearing and Settlement through NCSS Notice is hereby given that National Clearing Company of Pakistan Limited [...]

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PPI Original Text (PPI-OT) – Bawany Sugar Mills Limited’s financial results for the period ended March 31, 2012

[ 0 ] May 31, 2012 | Financial Results

Karachi, May 31, 2012 (PPI-OT): We have to inform you that directors of the company approved the accounts for the six months period ended March 31, 2012 on May 31, 2012 at registered office of the Company, declaring no dividend for the shareholders. The Financial results of the Company are as follows: Quarter ended half [...]

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PPI Original Text (PPI-OT) – United Bank Limited’s dispatch of dividend interim dividend warrants for the year ending 31 December 2012

[ 0 ] May 31, 2012 | Dividend Distribution

Karachi, May 31, 2012 (PPI-OT): We are pleased to inform you that the Dividend Warrants in respect of 1st Interim Dividend at Rs. 1.00 per share i.e. 10% for the year ending 31 December 2012 have been dispatched to all our shareholders through registered post from 29 May 2012 to 30 May 2012. For more [...]

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PPI Original Text (PPI-OT) – Saudi Pak Leasing Company Limited’s dispatch of redemption cheques term finance certificate (13-3-2008)

Karachi, May 31, 2012 (PPI-OT): We have to inform you that 18th to 22nd Redemptions cheques pertaining to TEC of Saudi Pak Leasing Company Limited (SPLC) have been dispatched by courier service. For more information, Contact: Muhammad Ali Siddiqui Chief Financial Officer and Company Secretary Saudi Pak Leasing Company Limited 6th Floor, Lakson Square, Building [...]

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PPI Original Text (PPI-OT) – Century Paper and Board Mills Limited’s notification of regarding fire

[ 0 ] May 31, 2012 | Miscellaneous

Karachi, May 31, 2012 (PPI-OT): As per the requirement of para xx of the Listing regulations under the head of Code of Corporate Governance we advise you that there was a fire at the Company’s mills premises in one of the departments causing damage to some items of raw materials. An immediate assessment was carried [...]

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