Al-Abid Silk Mills Limited’s notice of the extraordinary general meeting

Karachi, November 30, 2012 (PPI-OT): Enclosed please find herewith copy of the Notice for the Extraordinary General Meeting to be held on December 21, 2012 for your record and necessary action please.

Notice of the Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of the Shareholders of Al-Abid Silk Mills Limited will be held at the Auditorium of the Institute of Chartered Accountants of Pakistan, G-31/8, Kehkashan, Clifton, Karachi on Friday, December 21, 2012 at 4:00 p.m. to transact the following business:

1. To confirm the Minutes of the 44th Annual General Meeting of the Company held on 30th October, 2012.

2. To elect seven Directors as fixed by the Board for a term of three years in accordance with Section 178 of the Companies Ordinance, 1984.

The names of retiring Directors are Messrs Naseem A. Sattar, Azim Ahmed, S.M. Jawed Azam, Mst. Adia Naseem, Mrs. Sadaf Nadeem, Mrs. Reena Azim and Mrs. Asra Amir.

The nominee Director of NIT appointed U/S 183 is not subject to retirement and will continues to be the nominee Director of NIT on the Board of Directors of the Company under Section 183 of the Companies Ordinance, 1984.

3. To consider any other business with the permission of the Chair.

Notes:

1. The Share Transfer Books of the Company will remain closed from December 15, 2012 to December 21, 2012 (both days inclusive).

2. A member entitled to attend and vote at this meeting may appoint another member as his/her proxy to attend and vote instead of him/her. Proxies, in order to be effective, must be received at the Registered Office of the Company not less than 48 hours before the time of meeting.

3. Members are requested to promptly notify the Company of any change in their addresses.

CDC Account Holders will further have to follow the under mentioned guidelines as laid down in Circular 1 dated January 26, 2000 issued by the Securities and Exchange Commission of Pakistan.

A. For Attending the Meeting.

i) In case of individuals, the account holder or sub-account holder and/or the persons whose securities are in group account and their registration details are uploaded as per the Regulations, shall authenticate his identity by showing his original Computerised National Identity Card (CNIC) or, original passport at the time of attending the meeting.

ii) In case of corporate entity, the Board of Directors’ resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Meeting.

B. For Appointing Proxies:

i) In case of individuals, the account holder or sub-account holder and/or the person whose securities are in group account and their registration details are uploaded as per the regulations, shall submit the proxy form as per the above requirements.

ii) The proxy form shall be witnessed by two persons whose names, addresses and (CNIC) numbers shall be mentioned on the form.

iii) Attested copies of (CNIC) or the passport of the beneficial owners and the proxy shall be furnished with the proxy form.

iv) The proxy shall produce his original (CNIC) or original passport at the time of the Meeting.

v) In case of corporate entity, the Board of Directors’ resolution/power of attorney with specimen signature shall be submitted (unless it has been provided earlier) along with proxy form to the Company.

For more information, contact:
Muhammad Kashif
Company Secretary
Al-Abid silk mills Limited
A/139.S.I.T.E. Manghopir Road, Karachi.
P.O. Box: 3677 S.I.T.E. Karachi
Phones: (92-21) 32560040-48
Fax No: (92-21)32564718-32563639
E-mail: mail@alabid.com
URL: www.alabid.com

Invest Capital Investment Bank Limited’s financial results for quarter ended 30th September, 2012

Karachi, November 30, 2012 (PPI-OT): We wish to inform you that the Board of Directors of the Company in their meeting held on Friday, 30th November 2012 at the Registered Office : B-801, 802, Lakson Square Building No: 3 Sarwar Shaheed Road, Karachi recommended the following:

1. Cash Dividend                                   Nil

2. Bonus Shares                                    Nil

3. Right Shares                                    Nil

4. Any Other Entitlement/ Corporate Action         Nil

5. Any Other Price-Sensitive Information           Nil

Condensed Interim Profit and Loss Account (Un-Audited) for the Quarter Ended September 30, 2012

September 30,

September 30,

Note

2012

2011

Rupees in thousand

Income
Income from leasing operations

10,298

8,097

Operating lease rentals

6,707

12,832

Profit on musharakah investments

2,254

2,440

Income from investment and placement

101

144

Income from finances

3,050

4,630

Income on deposits with banks

643

2,351

Income from joint ventures

1,423

3,595

Dividend income

427

Net gain/ (loss) on sale of marketable securities

609

1,294

Unrealized gain/ (loss) on investment in marketable securities-net

(297)

——

——-

25,214

35,383

Expenses
Administrative and operating expenses

(31,549)

(48,134)

Financial charges

(6,445)

(58,630)

——

——-

(37,994)

(105,764)

——

——-

(12,780)

(71,381)

Other income

123,737

2,078

——

——-

110,957

(69,303)

Provision (Charged)/ Reversed on Non-performing loans and Write-offs
Provision against doubtful finance lease receivable and lease rentals-net

(70,217)

(3,612)

Provision against long term/ short term musharakah finances

(18,996)

(4,566)

Provision against long term / short term loans

(13,664)

16

——

——-

(102,877)

(8,162)

——

——-

Profit/ (Loss) before taxation

8,080

(77,455)

Provision for taxation

(112)

(354)

——

——-

Profit/ (Loss) after taxation

7,968

(77,819)

——

——-

Profit/ (Loss) per share-Basic

0.03

(0.27)

——

——-

Condensed Interim Statement of Comprehensive Income (Un-audited)
For the quarter ended September 30, 2012
Profit/ (Loss) for the period

7,968

(77,819)

Other comprehensive income/ (loss)
Transfer of Gain/ (Loss) to profit and loss on sale of APS shares

104

Unrealized gain/ (loss) on re-measurement of available for sale investments

(444)

342

——

——-

Total comprehensive income/ (loss) for the period

7,628

(77,477)

For more information, contact:
Syed Shahid Owais
Company Secretary
Invest Capital Investment Bank Limited
B-801, 802, 8th Floor,
Lakson Square Building No. 3,
Sarwar Shaheed Road, Karachi, Pakistan
Tel: 35205110,
Fax: (021) 35653803, 35658409, 35861988,
E-mail: info@alzaminease.com

Nimir Industrial Chemicals Limited’s notice of annual general meeting

Karachi, November 30, 2012 (PPI-OT): We enclosed herewith the notice of Extra-Ordinary General Meeting (EOGM) of the Nimir Industrial Chemicals Limited (NICL), to be published in the following newspapers in Karachi and Lahore on 8th December, 2012 as required under listing regulation:

1. Daily The Nation
2. Daily Nawa-e-Waqat

Notice is hereby given that Extra-Ordinary General Meeting of Nimir Industrial Chemicals Limited (the “Company”) will be held on Saturday, 28th December, 2012 at 10:30 a.m. at City Hotel and Restaurant, Sharif Plaza, Sargodha Road, Sheikhupura, to transact the following business:

To confirm the minutes of the last Annual General Meeting of the Company held on Friday, 19th October, 2012.

2. To elect eight (08) Directors of the Company as fixed by the Board of Directors of the Company under section 178(1) of the Companies Ordinance, 1984 for the term of three years commencing from 30th December, 2012. The following Directors shall retire on 30th December, 2012 and shall be eligible for the re-election, if offer themselves as Directors:

3. To transact any other business with the permission of the Chair.

Notes:

1. The share transfer books of the Company shall remain closed from 22nd December, 2012 to 29th December, 2012 (both days Inclusive).

2. Every candidate for the election as Director, whether he/she is retiring Director or otherwise, shall file with the Company not later than fourteen (14) clear days before the date of Extra Ordinary General Meeting a notice of his/her intension to offer himself/ herself for election as a Director along with the consent to serve as a Director in the prescribed Form 28 under section 184 of the Companies Ordinance 1984, a detailed profile along with his/her relevant declarations as required under the Code of Corporate Governance, 2012 to his/her appointment as Director of the Company. Such notice must reach to the registered office of the Company, at 14.8 K.M. Sheikhupura-Faisalabad Road, Bhikhi, District Sheikhupura, on or before 15th December 2012. He / She should also confirm that:

a. He/she is not ineligible to become Director of the Company under any applicable laws and regulations (including listing regulation of the Stock Exchange).

b. He/She is not serving as Director in more than seven listed Companies, Neither he/ she nor his/her spouse engaged in the business of brokerage or is a sponsor directors or officer of the corporate brokerage house.

3. A member eligible to attend and vote at this meeting is entitled to appoint another member as his/her proxy to attend and vote Instead of him/her:

a. A proxy must be a member of the Company. Proxies in order to be effective must be received at the registered office of the Company not later than forty eight (48) hours before the time fixed for the meeting.

b. The proxy shall produce his/ her original CNIC or Passport at the time of meeting.

c. Proxy form shall be witnessed by the two persons whose name, CNIC No. and address shall be mention on the proxy form.

4. CDC account holders are required to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.

a. In case of individuals, the account holder or sub-account holder shall authenticate his/her identity by showing his/ her original CNIC card or original passport at the time of attending the meeting.

b. In case of corporate entity, the Board of Directors’ resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of meeting.

5. Shareholders are requested to Immediately notify change in address, if any, to the Company’s share registrar, M/S Corplink (Pvt.) Limited, Wings Arcade, 1-K (Commercial), Model Town, Lahore.

For more information, contact:
Muhammad Inam-Ur-Rehman
Company Secretary
Nimir Industrial Chemicals Limited
12-B, New Muslim Town, Lahore, Pakistan
Tel: +92-42-359226090-3
Fax: +92-42-359226099
Web: www.nimir.com.pk

Ahmed Hassan Textile Mills Limited’s despatch of final dividend warrants

Karachi, November 30, 2012 (PPI-OT): We are pleased to inform you that the dividend warrants in respect of the final dividend @ Rs. 1.25 per share for the year ended 30.06.2012 have been despatched to shareholders by courier today.

For more information, contact:
Ahmed Hassan Textile Mills Limited
46-Hassan Parwana Colony,
Multan – Pakistan,
Tel: +92-61-4512362, 4512933
Fax: +92-61-4512361
E-mail: sec@ahtml.com.pk
Web Page: www.ahtml.com.pk

Unilever Pakistan Limited’s meeting in progress

Karachi, November 30, 2012 (PPI-OT): This is with reference to your letter KSE/Gen-8377 dated November 29, 2012. In this regard we would like to inform you that the meeting of our Board of Directors is scheduled to start at 05:00 p.m., after trading hours of the Stock Exchanges.

Due to restraint of time, as stipulated in your said letter, we shall be unable to communicate the decision of the Board of our Company on 03 December 2012. However, the said announcement will be transmitted to your office on Tuesday, December 04, 2012 (between 9:15 a.m. to 9.30 a.m.) through fax and the hard copy of the same will be delivered to your office as well.

For more information, contact:
Amar Naseer
Company Secretary
Unilever Pakistan Limited
Avari Plaza, Fatima Jinnah Road,
Karachi-75530
T: +92-21-35660062
F: +92-21-35681705
F: +92-21-35674968

Sardar Chemical Industries Limited’s despatch of final dividend

Karachi, November 30, 2012 (PPI-OT): We are pleased to inform you that the dividend warrants in respect of final dividend at Rs. 0.50 per share, i.e. 5% for the year ended 30-06-2012 have been dispatched to the shareholders by registered post on 30-11-2012 to the all the shareholders who’s CNIC have been received to date.

For more information, contact:
Sardar Chemical Industries Limited
127/II, C Block, Model Town, Lahore
Tel: (92-21) 35851865-66-67
Fax: (92-21) 35858489
E-mail: info@sardarchem.com
Web: www.sardarchem.com

Shahtaj Textile Limited’s despatch of dividend warrants

Karachi, November 30, 2012 (PPI-OT): We are pleased to confirm that the Dividend Warrants in respect of our 14th Dividend @ 35% today have been dispatched to the shareholders by registered post.

For more information, contact:
Jamil Ahmed Butt
Company Secretary
Shahtaj Textile Limited
19 Dockyard Road, West Wharf,
P.O. Box: 4766, Karachi – 74000, Pakistan
Tel: (92-21) 32313934-8, 32312834, 32310973
Fax: (92-21) 32205723
E-mail: sales@shahtaj.com
Website: www.shahtaj.com