Karachi, March 07, 2013 (PPI-OT): The public announcement for AKBL shares has been made. According to AKD Securities in this regard, FFC, FFBL and Fauji Foundation will be acquiring Army Welfare Trust’s (AWT) AKBL stake in the proportion of 60%, 30% and 10% respectively. Including the impact of tender offer …

Karachi, March 07, 2013 (PPI-OT): As  notified  earlier  to  the  KSE,  Fauji  Fertilizer  Company  Limited  (FFC),  Fauji  Fertilizer  Bin  Qasim  (FFBL)  and  Fauji  Foundation  (FF),  collectively  representing  Fauji Consortium, showed its intention to acquire AKBL. According to Arif Habib Limited as per t he latest financials  available,  the major  stakeholder  …

Islamabad, March 07, 2013 (PPI-OT): Foreign Minister Hina Rabbani Khar met the German Defence Minister, Dr. Thomas de Maiziere at the Foreign Office today. The two sides exchanged views on a wide spectrum of important regional and international issues especially the prevailing situation in Afghanistan. Foreign Minister Khar briefed the …

Rawalpindi, March 07, 2013 (PPI-OT): Dr. Thomas de Maiziere, German Federal Minister of Defence called on General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee (CJCSC). He remained with the Chairman for sometimes and discussed matters related to mutual interests between the two countries. The present visit of Dr. …

Rawalpindi, March 07, 2013 (PPI-OT): 158th Corps Commanders’ Conference was held at General Headquarters today. Chief of Army Staff (COAS) General Ashfaq Parvez Kayani chaired the meeting. Apart from professional military matters, the meeting under took a comprehensive review of internal and external security environment of the country. For more …

Islamabad, March 07, 2013 (PPI-OT): President of Awami National Party Mr. Asfandyar Wali Khan called on President Asif Ali Zardari at the Aiwan-e-Sadr today. Overall situation in the country, especially in Khyber Pakhtunkhwa was discussed during the meeting. The President also hosted lunch for him. For more information, contact: Haji …

Islamabad, March 07, 2013 (PPI-OT): Business community of Pakistan should establish a base in Malaysia for attaining maximum trade benefits in ASEAN countries that would not only help in boosting trade activities but also prove beneficial for introducing Pakistani products in ASEAN countries which have population of over 600million. Malaysian …