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AsiaNet 47677 CHENNAI, India and KATMANDU, Nepal, Dec. 8/ PRNewswire-AsiaNet/ — Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology Company and Swift Technology, a leading technology consulting firm in Nepal, today announced that Social Development Bank (SDB), a national level development bank in Nepal, has gone live with …
Read More »Daily Archives: December 9, 2011
Morning Call about Sui Northern Gas Pipelines Limited – Arif Habib Limited
Karachi: UFG losses; anchoring down the profitability Rising trend in the Unaccounted for Gas (UFG) continues to be a major drag on the profitability of Sui Northern Gas Pipelines Limited (SNGP). According to Arif Habib Limited, its net income contracted from PKR 461mn (EPS: PKR 0.84) in 1QFY11 to PKR …
Read More »Banking system assets grow by 8% to Rs 7.7 trillion in Jan‐June 2011: State Bank of Pakistan Financial Stability Review
Karachi: The assets of Pakistan’s banking system soared by 8 % or Rs 577 billion to Rs. 7.7 trillion during the first half of calendar year 2011 (January‐June, 2011). This surge in banks’ total assets, both in absolute and growth terms, was the most significant since 2007, says the State …
Read More »Sugar Mills crushing season prices announced
Peshawar: The Government of Khyber Pakhtunkhwa has directed that the occupiers of Premier Sugar Mills Mardan, Khazana Sugar Mills Peshawar, Bannu Sugar Mills Serai Naurang, Chashma Sugar Mills D.I.Khan, Tandlianwala Sugar Mills Mirn, D.I.Khan, Chashma Sugar Mills (Extension) Ramak D.I.Khan and Almoiz Sugar Mills D.I.Khan shall, for the slicing/crushing season …
Read More »Colony Mills Limited’s change of director
Karachi: We have to inform you that Mr. Azhar Mahmud Khan Director has ceased to be the Director of the Company w.e.f. November 22, 2011 and Mr. Salman Zafar has been appointed as Directors in his place. For more information, contact: Karachi Stock Exchange Tel: (92-21) 111-001122 Fax: (92-21) 3241 …
Read More »United Brands Limited’s book closure
Karachi: This is with reference to our previous letter on dated November 28, 2011 regarding time for holding Over Due Annual General Meeting for the year ended June 30, 2011 in which we had skipped to mention the books closure which will be from December 11, 2011 to December 17, …
Read More »ABL Asset Management Company Limited’s ABL Income Fund (ABL-IF), ABL Cash Fund (ABL-CF), ABL Islamic Income Fund (ABL-IIF) and ABL Government Securities Fund (ABL-GSF) notice books closure for interim distribution
Karachi: The Board of Directors of ABL Asset Management Company Limited (ABLAMC) through Circular Resolutions have authorized the Chief Executive Officer (CEO) of ABL AMCL to consider and approve on their behalf distribution out of profits earned by ABL Income Fund (ABL-IF), ABL Cash Fund (ABL-CF), ABL Islamic Income Fund …
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