May 28, 2013 - AsiaNet-Pakistan

Archive for May 28th, 2013

Allied Bank Limited’s appointment of chief executive officer

May 28, 2013 | Elections / Appointments

Karachi, May 28, 2013 (PPI-OT): This is to inform that the Board of Directors of Allied Bank Limited (ABL) in its meeting held today has approved appointment of Mr. Tariq Mahmood as Chief Executive Officer (CEO) of the Bank w.e.f. June 17, 2013 upon completion of term of existing CEO Mr. Khalid A. Sherwani. The […]

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Salfi Textile Mills Limited’s results of the board of director meeting

May 28, 2013 | Board Meetings

Karachi, May 28, 2013 (PPI-OT): This is to inform you that the following entitlement has been declared at the meeting of the Board of Directors held on May 28, 2013 at 11:00 a.m. i) Cash Dividend Nil ii) Bonus Shares Nil iii) Right Shares Nil iv) Any Other Entitlement/ Corporate Action It has been declared […]

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TPL Trakker Limited’s intimation under regulation 16 (6) of the listing regulation

May 28, 2013 | Miscellaneous

Karachi, May 28, 2013 (PPI-OT): In compliance with regulation No 16 (6) of the listing regulation we would like to bring the following transaction executed by TPL Holdings (Pvt) Ltd (the beneficial owner), holding shares of TPL Trakker Limited (TPL) informed to us on May 28, 2013. S. No. Date Nature of No. of shares […]

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Power Cement Limited’s election of directors of power cement limited (Formerly Al Abbas Cement Industries Limited)

May 28, 2013 | Miscellaneous

Karachi, May 28, 2013 (PPI-OT): Please find enclosed copies of the advertisement regarding Election of Directors for the Extraordinary General Meeting of the Shareholders of Power Cement Limited (POWER) (Formerly Al-Abbas Cement Industries Limited) to be held on Tuesday, 04 June 2013 at 04:00 p.m. at the Beach Luxury Hotel, Karachi. (As published in Business […]

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Mari Petroleum Company Limited’s board meeting and closed period

May 28, 2013 | Board Meetings

Karachi, May 28, 2013 (PPI-OT): We would like to inform that a meeting of the Board of Directors of Mari Petroleum Company Limited (MARI) will be held on Wednesday, June 5, 2013 at 10:00. A.m. at the Registered Office of the Company, at Islamabad for the approval of Company’s budget for the year 2013-14 and […]

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AKD Quotidian about – Apr’13 Fertilizer off take update

May 28, 2013 | Brokerage

Karachi, May 28, 2013 (PPI-OT): Official statistics released by the National Fertilizer Development Centre (NFDC) depict a strong growth of 23%YoY and 32%YoY in urea and DAP off take in 4MCYI3 to 1.66mn tons 193k tons respectively. According to AKD Securities higher urea demand as a result of better crop prices resulted in significant growth […]

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Pakistan Telecommunication Company honours retailers and distribution partners

May 28, 2013 | Telecommunication

Karachi, May 28, 2013 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has honored its retailers and distribution partners at a conference held in Lahore. The conference is an appreciation of the top performing retail and distribution partners, who have contributed to the growth and business success of PTCL. A large number of PTCL retailers, business partners […]

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All Pakistan Compressed Natural Gas Association energy plan can reduce electricity loadshedding by 70per cent

May 28, 2013 | General Business News

Islamabad, May 28, 2013 (PPI-OT): The All Pakistan CNG Association (APCNGA) on Tuesday said former and caretaker governments ignored its recommendations which would have reduced electricity loadshedding by seventy per cent and cut gas bill of domestic users by fifty per cent. Approval of the APCNGA’s Energy Relief Plan containing mid-term and short-term would have […]

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Gold slips on Tuesday after seeing its biggest weekly gain in the month

May 28, 2013 | General Business News

Karachi, May 28, 2013 (PPI-OT): Gold slipped on Tuesday after seeing its biggest weekly gain in the month as the dollar gained against six major currencies and Asian stock markets geared up after having a choppy week. In physical markets bullion is being sold at high premiums compared to spot prices as there is not […]

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Warid launches the Unblock Me Service for Postpaid subscribers

May 28, 2013 | Telecommunication

Lahore, May 28, 2013 (PPI-OT): Warid Telecom, the leading innovator in Pakistan’s telecommunications industry, has released another Industry First service: Unblock Me service for Warid Postpaid customers. Unblock Me service provides all Warid Postpaid customenrs who are tired of getting their outgoing blocked every month and don’t have enough time to pay their bill the […]

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Warid launches collect call and SMS to ease low balance subscribers

May 28, 2013 | Telecommunication

Lahore, May 28, 2013 (PPI-OT): Warid Telecom, the leading innovator in Pakistan’s telecommunications industry, has released its latest Collect Call and SMS service for its valued customers which enables them to make calls and send SMS while the receiving party pays for the service. Instead of the calling party paying for the call and SMS […]

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Meezan Bank signs deal with University of Central Punjab to develop Master of Business Administration courses in Islamic Banking and Finance

May 28, 2013 | Financial Services

Karachi, May 28, 2013 (PPI-OT): In a landmark development, Meezan Bank, Pakistan’s first and largest Islamic Bank signed an MOU with University of Central Punjab (UCP)-one of the largest private sector business schools in Central Punjab. Under the MOU, Meezan Bank will support UCP in developing MBA courses and Program in Islamic Banking and Finance. […]

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