Karachi: NML share price has been under pressure in recent times where the share price has been hit by weak sentiment in the textile chain twined with poor performance of NML portfolio (PF) companies. Given the sharp erosion in PF value and weak textile export outlook, AKD Securities reduces AKD …
Read More »Daily Archives: December 21, 2011
POL discovers oil and gas in TAL Block – Alfalah Securities Limited
Karachi: Pakistan Oilfields Ltd (POL) has recently discovered hydrocarbon reserves in its development well “Manzalai-9” of TAL Block which is currently being drilled and completed in Khyber Pakhtunkhwa. According to Alfalah Securities Limited, a POL official has stated that the well has tested 580 barrels per day of oil and …
Read More »14% hike in gas prices from January 1st 2012 – Alfalah Securities Limited
Karachi: The government has decided to increase gas prices by 14% for all sectors under Petroleum Levy (PL) on Liquefied Petroleum Gas (LPG) and Gas Infrastructure Development Surcharge (GIDS) for fertiliser, industrial, commercial and domestic consumers with effect from January 1, 2012. According to Alfalah Securities Limited, the PL of …
Read More »IFC Launches Alternative Dispute Resolution Project in Lahore
Lahore: IFC, private sector arm of the World Bank Group, has launched an Alternative Dispute Resolution (ADR) Project in Lahore. IFC had previously supported the setting up of Karachi Centre for Dispute Resolution (KCDR), which is Pakistan’s first mediation centre, in 2006/07. The ADR Project in Lahore will introduce commercial …
Read More »Rhe Thal Industries Corporation Limited’s Board Meeting
Karachi: This is to inform you that the meeting of the Board of Directors of the Company will be held on 27-12-2011 at 10.30 am at the Registered Office at 23-Pir Khurshid Colony, Gulgasht, Multan to consider the Annual Accounts for the period ended 30th September, 2011/for declaration of any …
Read More »Engro Corporation Limited’s Reopening of Register of Members and Despatch of 2nd Interim Dividend
Karachi: We would like to advise you that the dividend warrants for the 2nd interim dividend for 2011 were despatched to the entitled shareholders under registered cover on December 19, 2011 and the Register of Members of the Company reopens today i.e. December 20, 2011 after remaining closed from Monday, …
Read More »Meeting of the Inquiry Commission on Abbottabad Operation held
Islamabad: A meeting of the Inquiry Commission on Abbottabad Operation was held on 21st December, 2011 in the Cabinet Division under the Chairmanship of Mr. Justice Javed Iqbal, Former Senior Judge of the Supreme Court of Pakistan and the President of the Commission. The meeting was attended by Mr. Ashraf …
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