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Karachi: We have to inform you that Mr. Amer Maqbool has been appointed as Chief Executive Officer of KASB Fund Limited (KFL) with effect from June 3, 2011 in place of Mr. Muhammad Imran Khalil.
For more information, contact:
Mansoor Ali
Company Secretary
KASB Fund Limited
5th Floor, Trade Center
I.I. Chundrigar Road
Karachi – 74200, Pakistan
UAN: +9221 111 535 535
Fax: +9221 3262 4635
Web: www.kasbfunds.com
Karachi: The Board of Directors of ABL Asset Management Company Limited (ABLAMC) has decided to consider and approve distribution out of profits earned by ABL Income Fund (ABL-IF), ABL Stock Fund (ABL-SF), ABL Cash Fund (ABL-CF) and ABL Islamic Cash Fund (ABL-ICF) for the year ending June 30, 2011.
In this regard, the Board of Directors will on Wednesday June 29, 2011 consider and approve, if deemed fit, distribution out of profits earned by ABL-IF, ABL-SF, ABL-CF and ABL-ICF for the year ending June 30, 2011. Further the Register of Unit Holders of ABL-IF, ABL-SF, ABL CF and ABL-ICF will remain closed From June 25, 2011 to June 28, 2011 (both days inclusive).
Application for Investment/ Redemption/Transfer/ Conversion/Trading/Pledge of units or any change in address or particulars received by the Registrar-ABL AMCL at First Floor 11-B, Lalazar, M.T. Khan Road, Karachi or at any of our Distributors’ offices at the close of business day on Friday June 24, 2011, will be treated in time for the purpose of entitlement to the unit holders for any distribution.
For more information, contact:
Faisal Nadeem Mangroria
CFO/Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar,
M.T. Khan Road,
Karachi – 74500, Pakistan
Tel: +9221 9207411-13
Fax: +9221 9207407
Web: www.ablamc.com
Karachi: We are pleased to inform you that the dividend warrants in respect of First Interim Dividend @ Rs. 4.50 per share i.e. 45% for the year ending 2011 have been dispatched to the shareholders by registered mail on 04 June 2011 by our Registrar THK Associates (Pvt.) Limited Karachi.
For more information, contact:
Furrukh Khalid
Executive Corporate Affairs and Shares
Fauji Fertilizer Company Limited
93- Harley Street,
Rawalpindi – Pakistan,
P.O. Box: 253,
Telex: 54310 FFCPK
Tel: +9251 9272307-15
Fax: +9251 9272561
Website: www.ffc.com.pk
E-mail: ffcrwp@ffc.com.pk
Karachi: We are pleased to inform you that the Dividend Warrants in respect in respect of First Interim Dividend at Rs. 35.00 per share i.e. 350% for the year ending December 31, 2011 have been dispatched to the shareholders by courier/registered post on or before June 8, 2011.
For more information, contact:
M. Yasin Anwar
Company Secretary
Rafhan Maize Products Company Limited
Corporate Headquarters and Plant:
Rakh Canal East Road,
P.O. Box 62,
Faisalabad – 38060 – Pakistan
Tel: +9241 8540121-23
Fax: +9241 8711016
Quetta: Parliamentary Committee resolved Speaker’s resignation issue, while removing difference between Speaker Aslam Bhootani and Chief Minister Nawab Aslam Raisani.
Speaker Aslam Bhootani will preside over Budget Session of Balochistan Assembly on June, 20.
This was stated by Senior Minister Maulana Abdul Wasay and Provincial Minister Sardar Aslam Bizenjo in a statement here the other day.
Member of Parliamentary Committee led by Maulana Abdul Wasay again met Speaker Aslam Bhootani and assured him that Govt: will take all steps in Speaker’s constituency with his consent in future. After the assurance misunderstanding between Speaker and the Chief Minister have been removed.
Member of Parliamentary Committee Ali Madad Jattak, Mir Salim Khosa, Habib-ur-Rehman Muhammad Hassani and Hamal Kalmati were also present on this occasion.
For more information, contact:
Provincial Assembly of Balochistan
Zarghoon Road, Quetta.
Pakistan
Islamabad: IOM is this week providing over 560 trucks to transport 20,048 metric tonnes (MT) of rice donated by Thailand to Pakistan’s National Disaster Management Authority (NDMA) for distribution among victims of the country’s disastrous 2010 floods.
The rice, which arrived at Karachi Port Trust from Thailand on the MV Golden Falcon last week, will be moved to Provincial Disaster Management Agency (PDMA) warehouses in Sindh, Punjab, Balochistan and Khyber Pakhtunkhwa, and to an NDMA warehouse in Islamabad.
Under the NDMA plan, the PDMAs will distribute 5,000 MT to flood victims in Sindh, 5,000 MT in Punjab and 5,000 MT in Balochistan. A further 3000 MT will be distributed by the FATA Disaster Management Authority (FDMA) and 2,000 MT by the NDMA from Islamabad.
“We are grateful to IOM for providing logistical support to handle this huge donation and ensure that it reaches the areas in which it is most needed,” said NDMA Operations Member Brig. Sajid Naeem.
The USAID-funded operation follows a number of other major US-funded logistics interventions designed to support NDMA relief operations since the floods, which hit the country in July and August of 2010, devastating an area the size of Italy.
Earlier this year IOM transported four NATO-donated bridges weighing 615 MT from Karachi to Swat district – a distance of some 1,400 kilometres.
The 50-meter long bridges, which arrived in Karachi from Turkey, were moved in 25 trucks carrying 40-feet containers and another 22 trucks carrying 20-feet containers. On arrival in Swat, they were handed over to an Army Engineer Battalion in Khwazakhela.
IOM also acted as a consignee for in-kind donations of aid to the Pakistan government and the NDMA until the official end of the flood emergency phase in January 2011.
It provided customs clearing, handling and transportation for in-kind donations from 39 relief flights, 5 overland shipments and 6 sea shipments arriving at Chaklala Airbase in Islamabad, Port Qasim or Karachi Port Trust. At least, 595 trucks were used to transport the aid to different relief distribution points across the country.
For more information, contact:
Saleem Rehmat
International Organization for Migration, Islamabad
Tel: +94 300 8560341
Email: srehmat@iom.int
Islamabad: South Asian Association for Regional Cooperation (SAARC) on Friday vowed to play more active role in promoting trade, peace and development in the region aimed at political stability.
Governments and business community must utilise the SAARC Chambers’ Forum to develop cordial relations between the member states, said Iftikhar Ali Malik, Vice President SAARC Chamber of Commerce and Industry.
Malik said this while speaking at a reception hosted by SAARC Chamber in honour of Rajinder Kumar Sharma, outgoing Commercial Counsellor of Indian High Commission and his successor Arvind Saxena.
He lauded the initiative of Pakistan and India to ease visa restrictions saying it will help break the logjam to further expand bilateral relations at the people-to-people level.
Malik further said that Pakistani business community will continue to strive to further strengthen its special and cordial relations with all SAARC countries to boost economic and trade activities in the region.
“RK Sharma has played a historic role in enhancing commercial ties between Pakistan and India at a time when trade was threatened,” said Malik adding that arms race will lead us nowhere while struggle for prosperity will help everyone.
At the occasion, Secretary General SAARC CCI Iqbal Tabish Pakistan and India, the major players in the grouping, should enjoy a special relationship in the days ahead which is in the interest of everyone.
He said that the efforts of Mr. Sharma for a change are visible enough and we are losing a very competent officer.
He called upon civil society, traders and parliaments of the SAARC countries to work together to promote trade, commerce, and regional cooperation.
Tabish said that it is responsibility of every individual to realize the objectives of the SAARC CCI, besides contributing to peace, harmony, understanding and progress.
“SAARC is capable of eliminating the ever increasing poverty from region, which generates less than 2 per cent of world income, supports 22 per cent of world population and 44 percent of the world’s poor,” Tabish informed.
Mr. Sharma said that Pakistani business community is blessed with very honest, competent and committed leadership like Tariq Sayeed, Iftikhar Ali Malik and Ghulam Ali.
The untiring efforts of Pakistani business leaders to bridge gaps and create linkages between Pakistan and India have resulted in strengthened relations which is helping 1.4 billion people of South Asia , he said.
Our dream of poverty reduction will only come true rapidly if the business community of two countries continue pushing their positive agenda, he said.
VP FPCCI, Fazal Elahi, Chairman FPCCI Capital Office Hameed Akhtar Chadda, Chairman Coordination Raza Khan, former VP FPCCI Malik Zubair, Kanwar Qutubuddin, President ICCI Mahfooz Elahi, President RCCI Syed Ali Raza, Chairman Media Malik Sohail Hussain and other prominent business leaders were also present on the occasion.
For more information, contact:
Malik Sohail Hussain
Chairman FPCCI Standing
Committee on Media and PR
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
Tel: +9251 2251 891-3
Fax: +9251 2251 894
Cell: +92333 5155300; +92321 5155500
Email: malick.sohail@yahoo.com.