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Karachi, December 03, 2012 (PPI-OT): SALIM GILANI RESIGNS According to MR Securities, Salim Abbas Gilani has resigned from the chairmanship of the Board of Directors of Sui Southern Gas Company Limited (SSGCL). He has been replaced by Shahid Aziz Siddiqui as acting Chairman of SSGCL. Addressing the Board meeting held …
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AHCL enters in a put option agreement with Silk Bank and Investors – Alfalah Securities Limited
Karachi, December 03, 2012 (PPI-OT): Arif Habib Company Limited (AHCL) has entered into a put option agreement with Silk Bank (SILK) and the subscribers of Preference shares of SILK. According to Alfalah Securities Limited, the preference shares will be of PkR 960 mn worth of issue privately placed, perpetual, non‐cumulative …
Read More »AKD Quotidian about — Pakistan Market: Nov’12 Review and Outlook
Karachi, December 03, 2012 (PPI-OT): The market continued to make new highs last month with the KSE-100 Index gaining 42%MoM to close at 16,574 points with average daily volumes depicting an increase of 66% to 230mn shares. According to AKD Securities, in this regard, President Obama’s reelection implied status quo …
Read More »Etihad Airways increases Flights to Pakistan
Lahore, December 03, 2012 (PPI-OT): Etihad Airways, the national airline of the United Arab Emirates, is boosting its services to Pakistan between January 2 and March 27 2013. Starting from January, the airline will operate four additional services to the northern city of Lahore, increasing the number of services from …
Read More »68 bottles Illicit Liquor recovered, 9 accused arrested by Excise and Taxation Department
Karachi, December 03, 2012 (PPI-OT): On special directives of Minister for Excise and Taxation Mukesh Kumar Chawla a campaign was launched against drugs by Excise and Taxation Department Karachi and raided in the different parts of Karachi, recovered 58 liters of illicit liquor and arrested 9 accused. According to details …
Read More »Pakistan and Slovak Republic hold bilateral talks
Islamabad, December 03, 2012 (PPI-OT): Pakistan and the Slovak Republic had bilateral talks in Bratislava on 30 November 2012. Additional Secretary (Europe), Ministry of Foreign Affairs, Ms. Ayesha Riyaz, led the Pakistan delegation which included Pakistan’s Ambassador to Austria, Mr. Khurshid Anwar, while the Slovak delegation was headed by Ambassador …
Read More »Annual prize distribution of Defence Officers Housing Authority Tooba High School held
Karachi, December 03, 2012 (PPI-OT): The annual prize distribution ceremony of DHA Tooba High School was held at PN Sabir Hall here today. Chairman Board of Secondary Education, Mr. Fasihuddin Khan was the chief guest of the function. The students presented a fabulous talent show on the occasion. The theme …
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