Ibrahim Fibres Limited’s financial results for the 1st quarter ended 30-09-2012

Karachi, October 23, 2012 (PPI-OT): We have to inform you that the Board of Directors of the company in their meeting held on 22-10-2012 at 04:00 P.M. at 1, Ahmed Block, New Garden Town, Lahore has improved the financial results of the Company for the 1st quarter ended on September 30, 2012.

(i) Cash Dividend                                 :   Nil

(ii) Bonus Shares                                 :   Nil

(iii) Right Shares                                :   Nil

(iv) Any Other Entitlement/ Corporate Action      :   Nil

(v) Any Other Price- Sensitive Information        :   Nil

The financial results of the Company are as follows:-

For the Quarter

For the Quarter

Ended

Ended

Sept. 30, 2012

Sept. 30, 2011

Rupees

Rupees

Sales-net

9,924,612,289

9,735,617,982

Cost of goods sold

9,181,246,781

9,172,104,056

————-

————-

Gross profit

743,365,508

563,513,926

Selling and distribution expenses

52,429,404

41,130,702

Administrative expenses

159,603,056

135,466,283

Other operating expenses

19,592,262

18,112,890

Finance cost

178,560,543

180,931,258

————-

————-

410,185,265

375,641,133

————-

————-

333,180,243

187,872,793

Other operating income

8,358,371

600,390,826

————-

————-

341,538,614

788,263,619

Share of profit of associate-net

863,147,000

793,899,000

————-

————-

Profit before taxation

1,204,685,614

1,582,162,619

Provision for taxation

26,731,975

50,499,045

————-

————-

Profit for the period

1,177,953,639

1,531,663,574

————-

————-

Earnings per share-Basic and Diluted

3.79

4.93

For more information, contact:
Ibrahim Fibres Limited
Ibrahim Centre, 11-B, Lala Zar
M. T. Khan Road, Karachi, Pakistan
Tel: 92 21 35611601
Fax: 92 21 35611609
Website: www.igcpk.com
E-mail: info@igc.com.pk

Arif Habib Limited’s dispatch/credit of bonus share certificates

Karachi, October 23, 2012 (PPI-OT): We are pleased to inform you that the share certificates in respect of Bonus Shares announced/ approved on September 22, 2012 have been dispatched to the shareholders through the registered post on October 22, 2012 and credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited (CDC) on October 19, 2012.

Dispatch of Final Dividend Warrants

We are pleased to inform you that the dividend warrants in respect of final dividend at Rs. 3.00 per share, i.e. 30% for the year ended June 30, 2012 have been dispatched to the shareholders by registered post on October 22, 2012.

For more information, contact:
Zia Ur Rahim Khan
Company Secretary
Arif Habib Limited
Arif Habib Centre 23-M.T. Khan Road,
Karachi-74000,
Tel: (92-21) 32415213-15, 32460717-9,
Fax: 32429653, 32416072

First Paramount Modaraba’s intimation to stock exchange (s) for dispatch of physical letter of rights

Karachi, October 23, 2012 (PPI-OT): This is with reference to your Letter No. KSE/C-965-7577 dated: October 16, 2012 in respect of Issuance of Right Certificates by the Company.

We would like to inform you that the Company has already been dispatched Letter of Rights (R-1) in Marketable Lots or smaller denomination in accordance with the entitlements of its certificate holders on October 22, 2012 by registered post.

For more information, contact:
Naseemuddin Zubairi
Company Secretary
First Paramount Modaraba
First Floor, Suit # 107 and 108,
P.E.C.H.S. Community Hall,
Block No. 2 P.E.C.H.S.,
Shahrah-e-Quaideen, Karachi
Ph Nos: 34381037, 34381038, 34381101
Fax: 34534410
E-mail: fpm@cyber.net.pk
Web: www.fpm.com.pk

Ibrahim Fibres Limited’s requirement of clause (xx) of listing regulation no. 35 under code of corporate governance

Karachi, October 23, 2012 (PPI-OT): In compliance with requirement of clause (xx) of the Listing Regulation No. 35 under Code of Corporate Governance, we would like to inform you that Mr. Mohammad Pervaiz Aslam Rana has resigned from the Board of Directors of the Company.

A casual vacancy has been created which to be filled in accordance with provision of the Companies Ordinance, 1984 and the Company’s Article of Association.

For more information, contact:
Ibrahim Fibres Limited
Ibrahim Centre, 11-B, Lala Zar
M. T. Khan Road, Karachi, Pakistan
Tel: 92 21 35611601
Fax: 92 21 35611609
Website: www.igcpk.com
E-mail: info@igc.com.pk

Lucky Cement Limited’s notice of election of directors

Karachi, October 23, 2012 (PPI-OT): We would like to inform you that the following candidates have filed with the Company the notices of their intention to offer themselves for election of Directors at the Annual General Meeting scheduled to be held on Wednesday, October 31, 2012:

1. Mr. Muhammad Yunus Tabba
2. Mr. Muhammad Ali Tabba
3. Mr. Muhammad Sohail Tabba
4. Mr. Imran Yunus Tabba
5. Mr. Javed Yunus Tabba
6. Mrs. Rehila Aleem
7. Mrs. Mariam Tabba Khan
8. Mr. Manzoor Ahmed
9. Mr. Abdul Hamid Ahmed Dagia

The number of candidates who have offered themselves for election is more than the fixed number of “eight directors” to be elected as per section 178 (1) of the Companies Ordinance, 1984. Therefore these candidates shall contest the election at the forthcoming 19th Annual General Meeting.

For more information, contact:
Faiz Mahmood Khan Durrani
Corporate Affairs
Lucky Cement Limited
6-A, Mohammad Ali Housing,
A, Aziz Hashim Tabba Street, Karachi – 75350,
UAN: 111-786-555
T: (92-21) 34537390, 34530175, 34522554
F: 34534302
E: info@luky.cement.com
URL: www.lucky.cement.com

Atlas Battery Limited’s board meeting

Karachi, October 23, 2012 (PPI-OT): 1. Please refer to your letter No. KSE/Gen-7525 dated October 15, 2012, on the captioned subject.

2. We would like to inform you that the meeting of Board of Directors of Atlas Battery Limited (ATBA) held today at 3:30 p.m. is still in progress. We shall send you results on October 24, 2012 between 9:15 a.m. to 9:30 a.m.

For more information, contact:
Rizwan Ahmed
Company Secretary
Atlas Battery Limited
D-181, Central Avenue,
S.I.T.E., Karachi-75730
Ph: (92-21) 32567990-4
Fax: (92-21) 32564703
Email: abl@atlasbattery.com.pk
Website: www.atlasbattery.com.pk

Standard Chartered Bank (Pakistan) Limited’s board meeting in progres

Karachi, October 23, 2012 (PPI-OT): This is to inform you that our Board Meeting which was scheduled to be held today i.e. October 23, 2012 at 3:00 p.m. is still in progress. Therefore, the financial results including recommendations of the Board of Directors, it any, will be communicated on the next working day i.e. Wednesday, October 24, 2012 between 9:15 a.m. to 9:30 a.m.

For more information, contact:
Standard Chartered Bank (Pakistan) Limited
P. O. Box No. 5566.
I.I. Chundrigar Road,
Karachi 74000. Pakistan
Tel: (021) 245 0000
UAN: (021) 111 600 600
Web: www.standardchartered.com