Karachi: Pakistan Steel Mill Corporation (PSMC) has been successful in utilizing coke for the production of steel, obtained from a by-product of coke breeze. According to Alfalah Securities Limited, Pakistan steel has been facing a shortage of raw materials as the import of coke was not viable in the country …

Karachi: The government is likely to charge full power generation cost of PkR 14.50 for 300 to 700 units consumers on account of surging problem of circular debts for power generation companies. According to Alfalah Securities Limited, the consumers of 300-700 units are currently being charged at PkR 10.55/unit which …

Lahore: Mobilink has announced Farrukh Zafar as the winner of the first Mobilink Blog pad, the first blogging competition in Pakistan. The Mobilink Blog pad was the first digital media initiative challenging the creativity and critical thinking prowess of bloggers from across the country. The Mobilink Blog pad is a …

Karachi: In accordance with We Listing Regulation No- 35 Clause (xxiii) under Code of Corporate Governance we are pleased to convey the material information as per attached advertisement photocopies published in Daily Business Recorder and Daily Dawn on September 09, 2011. PACRA Assigns Entity Ratings to Descon Oxychem Limited PACRA …

Karachi: This is to inform you that a meeting of Board of Directors of the Company will be held at 9 A.M on Thursday, 15th September, 2011 at SF-96, S.I.T.E., Karachi to consider and approve Audited Accounts for the year ended 30th June, 2011. Please further note that the ‘closed …

Karachi: On behalf of our client, Ashmore Global Special Situations Fund 5, L.P. and / or other managed or advised by ashmore Investment Management Limited, we Next Capital Limited, as ‘Managers to the Offer, would like to inform you that our client has decided to withdraw its intention to acquire …

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held on Friday, September 09, 2011 at 9:30 a.m. at House of Habib 2nd Floor, Siddquesons Tower, Shahrah-e-Faisal, Karachi, recommended the following:   Cash Dividend Nil Bonus Shares Nil Right Shares Nil Any …