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Karachi, June 26, 2012 (PPI-OT): Karachi Electric Supply Company (KESC) has signed a Joint Development Agreement (JDA) with Sindh Coal Energy Limited (SCEL) and Oracle Coalfields PLC (Oracle – a UK based company engaged in coal exploration, mining and production) in order to develop a coal based power plant and …
Read More »Daily Archives: June 26, 2012
Morning Call about Telecom Numbers Fixed Lines – Arif Habib Limited
Karachi, June 26, 2012 (PPI-OT): Tele density improves to 71.60% in 9MFY12 According to latest Telecom numbers, released by Pakistan Telecom Authority (PTA), the total tele density has improved to 71.6% in 9MFY12 from 69% in Jun- 11. According to Arif Habib Limited, this improvement in tele density is mainly …
Read More »PPL becomes preferred bidder for purchase of 100% share of MND E and P – Alfalah Securities Limited
Karachi, June 26, 2012 (PPI-OT): Pakistan Petroleum Limited (PPL) has been nominated as the preferred bidder for purchase of 100% share of MND Exploration and Production Ltd. According to Alfalah Securities Limited, MND is a wholly-owned subsidiary of KKCG SE and incorporated in the United Kingdom. Its non-operated assets in …
Read More »Millat Tractor to set up subsidiary in Free Zone Dubai – Alfalah Securities Limited
Karachi, June 26, 2012 (PPI-OT): Millat Tractor Ltd. (MTL) intends to make investment in a subsidiary named TIPEG INTERTRADE JLT with a paid up of AED 2.0 mn divided in 2,000 shares of AED 1,000 each. According to Alfalah Securities Limited, the investment is yet to be approved in the …
Read More »Linde Pakistan to invest PkRs556 m to setup 4MW Power Plant – Alfalah Securities Limited
Karachi, June 26, 2012 (PPI-OT): The Board of Directors of Linde Pakistan Ltd. has approved PkR 556 mn investment plan to set up a 4MW power plant at the Port Qasim facility. According to Alfalah Securities Limited, this investment will be funded through a combination of debt and equity. The …
Read More »‘Teachers can play a significant role to aware students about drug abuse’
Islamabad, June 26, 2012 (PPI-OT): The teachers can play significant role to aware the students about drug abuse situation in Pakistan to convey message to the entire society regarding this alarming issue. This was said by Professor Dr. Sahibzada Sajid Ur Rehman, President International Islamic University, Islamabad while addressing to …
Read More »Lahore Stock Exchange holds Second Session of Campus Outreach Program
Lahore, June 26, 2012 (PPI-OT): Second session of Campus Outreach Program is held today for the students of MBA and BBA from Minhaj University by Lahore Stock Exchange where LSE’s officials interacted with the students. At the event organized at the Minhaj University, Ms. Hifsa Siddiqi from Investor Relation Department, …
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