2012 December : AsiaNet-Pakistan

Archive for December, 2012

Soneri Bank Limited’s dispatch/ credit of bonus shares

December 31, 2012 | Dividend Distribution

Karachi, December 31, 2012 (PPI-OT): We are pleased to inform you that the share certificates in respect of bonus shares @ 11% (B-15) announced by the Board of Directors of the Bank on 21 November 2012 have been dispatched to the shareholders through the registered post on 31 December 2012. The bonus entitlement of those […]

Read More

Engro Corporation Limited’s dividends and entitlements of the listing regulations

December 31, 2012 | Miscellaneous

Karachi, December 31, 2012 (PPI-OT): Please find enclosed herewith the share transactions received by us from the Directors/ CEO/Executives, as required under Chapter V, titled “Dividends and Entitlements” of the Listing Regulations. Shares Declaration Form To: cismaria@engro.com 1) Name of listed Company whose shares were transacted: Engro Corporation Ltd. 2) Employee’s/spouse’s Name: Samira Kamil 3) […]

Read More

N.P. Spinning Mills Limited’s election of directors by

December 31, 2012 | Elections / Appointments

Karachi, December 31, 2012 (PPI-OT): In compliance with the listing regulations of the Exchange, we would like to inform you that as a result of EOGM/Board Meeting held on 29-12-2012 for (i) Election of Directors for the term 2012-2015, and (ii) appointment of Chairman/ Chief Executive/ Audit Committee the Board of Directors/ Audit Committee of […]

Read More

Fateh Textile Mills Limited’s despatch of final dividend warrants

December 31, 2012 | Dividend Distribution

Karachi, December 31, 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 June 30, 2012 have been dispatched to the shareholders through Courier. For more information, contact: Director Fateh Textile Mills Limited P.O. Box No: 69A/4, […]

Read More

Century Paper and Board Mills Limited’s board of directors meeting

December 31, 2012 | Board Meetings

Karachi, December 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of the Company, in their meeting held on Friday 28 December 2012 at 10:30 a.m. at the Registered office of the Company at Lakson Square, Building No. 2, Sarwar Shaheed Road, Karachi has considered and approved the following subject to […]

Read More

Sindh Abadgar’s Sugar Mills Limited’s financial results for the year ended 30th September, 2012

December 31, 2012 | Financial Results

Karachi, December 31, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on Friday 28th December, 2012 at 4:00 p.m. at its registered office 209, 2nd Floor, Progressive Plaza, Beaumont Road, Karachi, recommended the following: (i) Cash Dividend A final Cash Dividend for the year […]

Read More

Extension of Sui Southern Gas Company bills payment date

December 31, 2012 | Misc.

Karachi, December 31, 2012 (PPI-OT): Due to the ‘Bank holiday’ on 1st January 2013, the due date for the payment of Gas bills for SSGC’s customers falling on 1st January 2013 has been extended to 2nd January 2013. This has been done as a Special Case to facilitate its valued customers, the SSGC’s press release […]

Read More

‘Pakistan will have first Liquefied Natural Gas terminal within two months’

December 31, 2012 | Chambers of Commerce

Lahore, December 31, 2012 (PPI-OT): Pakistan will have first LNG terminal within two months while mega projects will take another six month to come on line. This was stated by the Managing Director SNGPL Arif Hameed while speaking at the Lahore Chamber of Commerce and Industry on Monday. LCCI President Farooq Iftikhar, Vice President Mian […]

Read More

PPL adds SFD technology for better hydrocarbon detection – Alfalah Securities Limited

December 31, 2012 | Brokerage

Karachi, December 31, 2012 (PPI-OT): Pakistan Petroleum Limited (PPL) has introduced Stress Field Detection (SFD) technology developed by NXT Energy Solutions to better identify potential hydrocarbon traps and reservoirs in a time and cost effective manner. According to Alfalah Securities Limited, it is likely to benefit PPL by fast track identification of the presence of […]

Read More

Tractor firms increased prices – Alfalah Securities Limited

December 31, 2012 | Brokerage

Karachi, December 31, 2012 (PPI-OT): Millat Tractors and Al-Ghazi Tractors have raised tractor prices by around 5% as input cost has surged and the general sales tax (GST) would be increased to 10% in the New Year from the current low rate of 5%. According to Alfalah Securities Limited, the GST had been lowered to […]

Read More

Pakistan paid USD 109 million IMF instalment – Alfalah Securities Limited

December 31, 2012 | Brokerage

Karachi, December 31, 2012 (PPI-OT): Pakistan has made the eighth instalment worth of USD 109 million of IMF’s Stand-By Arrangement (SBA) on December 28, 2012. According to Alfalah Securities Limited, the repayment would lead to decline in foreign exchange reserves which in turn is likely to put pressure on Pak Rupee parity leading to steeper […]

Read More

What is the Pakistani Public?’ Concludes Successfully

December 31, 2012 | General Business News

Islamabad, December 31, 2012 (PPI-OT): The American Institute of Pakistan Studies (AIPS) and the Public Affairs Section, US Embassy, arranged a three-day conference at the Lahore University of Management Sciences (LUMS). The conference was based on the question, ‘What is the Pakistani Public?’ The opening ceremony took place in Suleman Dawood School of Business where […]

Read More