AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Arif Habib Limited reiterating its Buy stance on the stock of Kot Addu Power Company Limited (KAPCO) with Dividend Discount Model (DDM) based June 2012 target price of PKR 49.80/share. According to Arif Habib Limited, at the closing price of PKR 45.02/share, the Scrip offers an upside potential of …
Read More »Monthly Archives: September 2011
Import of 1.2 mn tons of Urea proposed – Alfalah Securities Limited
Karachi: The Ministry of Industries (MoI) has proposed the government to import 1.2 mn tons of urea on an immediate basis to overcome severe shortage of fertilizer in the country for the upcoming Rabi season. According to Alfalah Securities, the import of urea would fulfil the gap between demand and …
Read More »Indus Motor to stop manufacturing Coure before FY13- Alfalah Securities Limited
Karachi: The CEO of Indus Motor Company, Mr. Parvez Ghias has stated that the company would stop manufacturing Coure before June 30, 2012 on account of its high cost of production. According to Alfalah Securities, the CEO has also opposed the government’s decision to allow import of vehicles at 5% …
Read More »Pakistan to repay its obligation to IMF on time – Alfalah Securities Limited
Karachi: International Monetary Fund (IMF) has stated that Pakistan has to repay its loan as per schedule to the Fund on an obligation basis and would not be delayed even if the country succeeded in receiving a new loan program. According to Alfalah Securities, Pakistan’s total obligation to the IMF …
Read More »Extension of Date for filing of Income Tax Returns / Statements for Tax year 2011
Islamabad: In exercise of the powers conferred under section 214A of the Income Tax Ordinance 2011, The Federal Board of Revenue is pleased to extend the date of filing of Income Tax Return for the Tax Year 2011 s follows:- Returns of Total Income/Statements of final Taxation due on 31st …
Read More »Mobilink launches Jazz Bananas, Pakistan’s first mobile app store
Lahore: Mobilink has launched Pakistan’s first online mobile application store, at www.jazzbananas.com, which gives users access to thousands of apps that can be downloaded directly onto mobile handsets. Jazz Bananas is exclusive to all Mobilink prepaid and postpaid customers who can avail the service using compatible handsets to get instant …
Read More »Ghazi Fabrics International Limited’s adjournment of board meeting
Karachi: This is to inform you that the meeting of the Board of Directors of the Company which was to be held on Monday the 26th September, 2011 at 10:00 a.m.at 8-C, E-III, Gulberg-III, Lahore to consider the annual financial statement of the Company for the year ended 30th June, …
Read More »