Karachi: This is to inform you that a Meeting of the Board of Directors of Crescent Sugar Mills And Distillery Limited (CSMD) is scheduled to be held on Monday May 30, 2011 at 10:30 A.M. at registered office of the Company, New Lahore Road, Nishatabad, Faisalabad to consider and approve Un Annual Audited Financial Statements of the Company for the 2nd Quarter and Half Year Ended March 31, 2011. We would also like to inform you that the company has determined a closed period from May 23, 2011 to May 30, 2011. No Director, Chief Executive Officer or Executive of the Company shall, directly or indirectly deal in the shares of the Company in any manner during the closed period. For more information, contact: Samiullah Ch. Company Secretary Crescent Sugar Mills and Distillery Limited New Lahore Road, Post Box No. 11, Faisalabad - Pakistan Tel: +9241 8752111-14 Fax: +9241 8750366 E-mail crescentsughar@.com

Karachi: We have to inform you that the Board of Directors in their Meeting held on Monday, 23rd May, 2011 decided that the Extraordinary General Meeting will be held on Monday 27th June, 2011 at 10:00 a.m. at the Registered Office of the Company at Mi...

Karachi: We wish to inform you that the Board of Directors of Samba Bank Limited (“Bank”) (SBL) a subsidiary of Samba Financial Group (Samba) of Saudi Arabia, has re-appointed Mr. Tawfiq A. Husain as the President and CEO of the Bank with effect fr...

Karachi: This is to advise that PPL Board of Directors in a meeting held today 21 May, 2011, approved the changes in the management structure as follows: 1. Mr. Asim Murtaza Khan is appointed as Chief Executive/ Managing Director effective from 12 May,...

Karachi: We are enclosing herewith a letter under sealed envelope covering Financial Results for half year ended 31st March, 2011 as approved by the board of Directors at its meeting held on 20th May, 2011 at 4:00 pm. We have to inform you that the Board of Directors of our Company in their meeting held on Friday, the 20th May 2011 at 4:00 p.m. at its registered office 209, 2nd Floor. Progressive Plaza Beaumonl Road Karachi, recommended, the following: (i) Cash Dividend An Interim Cash Dividend for the period ended 31st March, 2011 at Rs.-Nil- per share i.e. -Nil-%. This is in addition to interim Dividend(s) already paid at Rs.-Nil- per share i.e. -Nil-%. (ii) Bonus Shares It has been recommended by the Board of Directors to issue Interim Bonus Shares in proportion of -Nil- share(s) for every –Nil- share(s) held i.e. -Nil-% This is in addition to the Interim Bonus Shares already issued @ -Nil-%. AND/OR   (iii) Right Shares The Board has recommended to issue -Nil-% Right Shares at par/at a discount premium of Rs. -Nil- per share in proportion of -Nil- share(s) for every -Nil, share(s). The entitlement of right shares being declared simultaneously will be / will not be applicable on Bonus Shares as declared above. AND/OR (iv) Any Other Entitlement / Corporate Action AND/OR (v) Any Other pries-Sensitive Information The financial results of the Company are as follows:   For The Half Year Ended For The Quarter Ended   March 31, 2011 March 31, 2010 March 31, 2011 March 31, 2010   Rupees Sales – net 443,073,080 81,632,688 376,116,382 57,740,427 Cost of goods sold (357,622,043) (79,782,789) (283,139,814) (58,176,594)   ----------- ----------- ----------- ----------- Gross Profit (Loss) 85,451,037 1,849,899 92,976,568 (436,167)   ----------- ----------- ----------- ----------- Operating Expenses         Administrative expenses (33,711,156) (30,269,568) (21,121,341) (17,790,693) Selling and distribution cost (1,690,313) (1,226,360) (1,237,192) (952,404)   ----------- ----------- ----------- -----------   (35,401,469) (31,495,928) (22,358,533) (18,743,097)   ----------- ----------- ----------- ----------- Operating Profit/ (Loss) 50,049,568 (29,646,029) 70,618,035 (19,179,264) Finance cost (11,184,268) (19,973,878) (7,182,451) (14,643,960) Other income 4,974,646 1,452,914 3,353,866 771,823   ----------- ----------- ----------- -----------   (6,209,622) (18,520,964) (3,828,585) (13,872,137) Profit / (Loss) before taxation 43,839,946 (48,166,993) 66,789,450 (33,051,401) Taxation - current (22,625,742) (895,663) (22,625,742) -   ----------- ----------- ----------- ----------- Profit / (Loss) after Taxation 21,214,204 (49,062,656) 44,163,708 (33,051,401)   ----------- ----------- ----------- ----------- Profit/(Loss) per share – basic and diluted 2.03 (4.71) 4.24 (3.17)   ----------- ----------- ----------- ----------- For more information, contact: Deoo Mal Essarani Chairman/Chief Executive Sindh Abadgar’s Sugar Mills Limited 209, 2nd floor, Progressive Plaza, Beaumonl Road, Karachi-Pakistan. Tel: +9221 35638212-13 Fax: +9221 35638219 E-mail sasm@unitedgroup.org.pk

Rawalpindi: Colonel General Alexander Postnikov, C-in-C Russian Ground Forces called on General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee (CJCSC) at Joint Staff Headquarters Chaklala. He remained with CJCSC for some time and discussed matters of professional interest, and evolving geo strategic situation of the region. Colonel General Alexander Postnikov, C-in-C Russian Ground Forces also appreciated the role of Pakistan Armed Forces in fighting the menace of terrorism in the country. For more information, contact: Inter Services Public [...]

Islamabad: Dr. Fehmida Mirza, Speaker and Faisal Karim Kundi, Deputy Speaker National Assembly have strongly condemned terrorist attack on PNS Mehran, Karachi and expressed deep sense of sorrow and grief over the martyrdom of security personnel and loss of national assets. In their separate statements, the Speaker and Deputy Speaker termed it a cowardice and shameful act of terrorism. They said that the elements involved in such activities were the enemies of humanity and the country. They said that entire [...]