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Daily Archives: September 15, 2011

The General Tyre and Rubber Company of Pakistan Limited’s appointment of chief executive officer

Karachi: We have to inform you that Mr. Mohammad Shahid Hussain has been re-appointed by the Board as Chief Executive Officer w.e.f. August 23rd , 2011. For more information, contact: Karachi Stock Exchange Tel: (92-21) 111-001122 Fax: (92-21) 3241 0825, (92-21) 3241 5136 Email: info@kse.com.pk Web: www.kse.com.pk

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The Karachi Stock Exchange (Guarantee) Limited’s branch office of M/S. Darson Securities (Private) Limited

Karachi: Members of the Exchange are hereby informed that M/s. Darson Securities (Private) Limited, Corporate Member-KSE is opening their new branch office in compliance with our regulations. The New Branch Office is situated at Property No. 34-35, 1st Floor, Abdullah Center, Sarafa Street, Gojra, Toba Tek Singh, Faisalabad. Mr. Imran …

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The Bell about ACPL: Sparse profitability during FY11 with strong comeback likely in FY12 – Elixir Securities Limited

Karachi: FY11 earnings slightly below estimates: ACPL announced FY11 earnings of PKR684mn (EPS: PKR7.90) down 33% YoY and 4% below Elixir Securities’ expectation of PKR710mn (EPS: PKR8.20) due to higher than expected tax rate during 4QFY11 which had an EPS impact of PKR0.30/sh on its forecast. According to Elixir Securities, …

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SNGPL increases gas shedding for 72 hours to Industrial units in Faisalabad – Alfalah Securities Limited

Karachi: Sui Northern Gas Pipelines Limited (SNGPL) has recently announced to increase gas shedding for 72 hours from previously 48 hours to the industrial units in Faisalabad, starting from September 18, 2011 to September 21, 2011. According to Alfalah Securities Limited, Faisalabad city has approximately 600 industrial units constituting mostly …

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