Safeway Mutual Fund Limited’s declaration of interim cash dividend

Karachi, June 11, 2013 (PPI-OT): We have to inform you that the Board of Directors of our company in their Meeting held on June 11, 2013 at 10:00 am in Lahore, recommended the following:

Cash Dividend: An Interim Cash Dividend for the year ended June 30, 2013 at Rs. 0.45 per share i.e. 4.5%.

Any Other Price-Sensitive Information: On January 31, 2013, the shareholders of the Fund approved the conversion of the Fund to an Open End Scheme and this was approved by the SECP on May 03, 2013. Regulatory formalities and approvals required to facilitate this conversion are in process. Book closure announcement for determination of entitlement for conversion of the Fund to an Open End Scheme will be announced once this process is completed.

The above cash dividend entitlement will be paid to the shareholders whose names will appear in the Register of Members on June 18, 2013.

The Share Transfer Books of the Company will be closed from June 19, 2013 to June 26, 2013 (both days inclusive). Transfers received at the registered office of the Share Registrar M/s. Corptec Associates (Private) Limited, 7/3-G, Mushtaq Ahmed Gurmani Road, Gulberg-II, Lahore at the close of business on June 18, 2013 will be treated in time for the purpose of above entitlement to the transferees.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Tehmeena Khan
Company Secretary
SafeWay Mutual Fund Limited
D.41, Block 9, Scheme V,
Clifton, Karachi, Pakistan
Tel: (021) 3586923-35
Fax: (021) 35869236

National Bank of Pakistan’s intimation under clause 14 of listing regulation of KSE regarding book closure

Karachi, June 11, 2013 (PPI-OT): In terms of Listing Regulation No. 14(1) of KSE, we have to inform you that, subject to approval of the Board, Share Transfer Book of NBP will remain closed from July 02, 2013 to July 08, 2013 (Both days inclusive) for holding EOGM of NBP. The EOGM will be held on 08-07-2013 at Karachi.

You are requested to please inform the members of the Exchange accordingly.

For more information, contact:
S.M. Ali Zamin
EVP/ Secretary (Board)
National Bank of Pakistan
2nd Floor, I. I. Chundrigar Road, Karachi
Ph: 99220224,
Fax: 99220239

Technology Upgradation and Skill Development Company organizes Master Training of Trainers

Lahore, June 11, 2013 (PPI-OT): Technology Upgradation and Skill Development Company (TUSDEC) has launched ‘Master Training of the Trainers Program’ in Lahore for the capacity building of NGOs based in Punjab under a contract with Punjab Social Services Board (PSSB), Social Welfare and Bait-ul-Mal, Government of Punjab.

According to a company spokesperson, the training session will continue till 25th June in which 120 candidates from various NGOs will be trained as the master trainers so that they could further impart the acquired skills to the next tier of trainers; thus infiltrating the processes and framework of improved organizational management among their respective NGOs.

A session of two days training has been arranged in the areas of Governance and Office Administration while ten days will be consecrated to administer the trainings of Strategic Planning, Program Management, Fund-Raising and Publicity, Human Resource policy and Financial Policy. The trainings are being organized at Social Welfare Training Institute, Township Lahore.

The spokesperson further shared that TUSDEC has affianced three specialized trainers to disseminate the multifarious training sessions. Senior officials from Social Welfare and Bait-ul-Mal, Pehchan, Face Foundation, Roshni Welfare Organization, Help Foundation, Liberal Forum and Itahad Foundation are attending the workshop.

The trainings aimed at enabling the human resource of the NGOs to improve their capacities in various arenas, ranging from strategy, planning, leadership, operations, talent management, diversity, partnerships and synergies, evaluation, advocacy and policy change, marketing and positioning tactics and financial management.

Proliferation of NGOs on the basal levels of society is itself anticipative of the preferential socio-cultural shift we are heading towards where the only void is to inculcate effective organizational behavior, more analytical incisive and adaptive capacities among these non-profit organizations so that they would continue striving for the required social amelioration with a more structural overture.

TUSDEC has been engaged in managerial trainings as well as arranged for a myriad of technical and vocational training programs in collation with various local NGOs and international donors. Mobilizing its experience from both the turfs, TUSDEC has contrived comprehensible training modules which would prove to be operable for these NGOs.

For struggling countries like Pakistan, many societal crannies are oriented towards non-profit organizations for their fulfillment. Without significant efforts laid out to upgrade the organizational structure and attitude of these NGOs, momentous social improvements can not be hoped-for where ultimately tribulations are traced back to the inability of these organizations to deliver what they have initially pledged to keep.

It is obligatory for evolution in any developing economy that the NGOs working on most elementary avenues and closest to the their target communities are well-equipped in their management structures and procedures so that they can accomplish the goals they have originally set out to do.

For more information, contact:
Technology Upgradation and Skill Development Company (TUSDEC)
State Cement Corporation Building
Kot Lakhpat Lahore 54770, Pakistan
Tel: (+92)-42-111-000-143, 35145793
Fax: (+92)-42-35121658, 35145792

2-day Principal Investigators’ Convention under “Pak-US National Sciences Linkage Programme Endowment Fund of Pakistan Science Foundation begins

Islamabad, June 11, 2013 (PPI-OT): The 2-day Principal Investigators’(PIs) Convention under “Pak-US National Sciences Linkage Programme (NSLP)” Endowment Fund of Pakistan Science Foundation (PSF) started here on Tuesday.

The PIs Conventions is aimed at getting update on the status of projects as well as exchange of ideas regarding effective execution and pooling of national assets.

PSF Chairman, who is also the Chief Executive of NSLP, Prof. Dr. Manzoor H. Soomro, Ministry of Food Security and Research Representative Dr. Aslam Gill, Agriculture Consular of US Embassy Mr. Richard Dremnon, PSF Member Science Dr. Khalil Ibupoto and NSLP Principal Scientific Officer (PSO) Dr. Mirza Habib were present at the inaugural ceremony of the Convention held at a local hotel.

Addressing the inaugural ceremony of the Convention, the PSF Chairman said that the researchers working under NSLP programme should take on board the farmers so that the end user of their research could properly benefit from it. Highlighting the PSF research and science popularization programme, he spoke about the PSF’s research support, science caravan, inquiry-based science education programmes and collaboration with different national and international scientific institutions.

Dr. Soomro announced that they are working on awards for the scientists of NSLP funded projects every year on the pattern of PSF’s Dr. ZA Hashmi R and D Gold Medal Award instituted by the Pakistan Science Foundation to acknowledge contributions of the eminent scientists.

The Chairman said they are actively working to boost collaboration with US National Science Foundation.

Mr. Richard Dremnon appreciated the process of NSLP projects funding, monitoring and evaluation. He called upon the scientists to take up such projects that may result in food production increase ensuring availability of food to everyone.

Dr. Aslam Gill, representative of Ministry of Food Security and Research, who is also member of NSLP Board of Governors, spoke on the funding for NSLP research projects as well the scrutiny process of research project proposals. He appreciated the PSF role in promoting science culture in the country.

Dr. Mirza Habib while giving introduction of NSLP said, Ministry of Science and Technology (MoST), Government of Pakistan and the United States Department of Agriculture (USDA), Foreign Agricultural Service (FAS) signed a Memorandum of Understanding (MoU) in November 2002 for cooperation in the field of Natural Sciences. Under the MoU an Endowment Fund “Natural Sciences Linkage Programme” (NSLP), was established for research funding and mutual cooperation in the field of Natural Science.

The handling of the NSLP Endowment funds was assigned to Pakistan Science Foundation, Islamabad from the sale proceeds of agricultural commodities imported under PL-480 and 416(b) programme. A sum of Rs.498.910 million was received to PSF through the Ministry of Finance and by adding the initial profit earned, the Endowment Fund was created with an amount of Rs.500 million in 2007.

He said, PSF is using the profit earned on the Endowment Fund for funding of research projects in Agriculture and related sciences for sustainable agricultural production with emphasis on enhanced benefits to the producers/farmers. The research projects are processed as per the set procedure of Pakistan Science Foundation with technical recommendations of two Pakistani experts and a US expert through the USDA.

Dr. Habib said the PIs of 40 projects out of total 57 ongoing projects of NSLP are attending the Convention aimed at getting update on the status of projects as well as exchange of ideas regarding effective execution and pooling of national assets. He said more than 350 projects are under process while the number of research projects is on the increase due to PSF Research Projects Formulation Workshop across the country and publicity in media.

For more information, contact:
Pakistan Science Foundation
1-Constitution Avenue,
Sector G-5/2, Islamabad
Tel: + 92 51 9202469-70
Fax: + 92 51 9202468

Norway provides NOK 240 million to efforts to eradicate polio

Islamabad, June 11, 2013 (PPI-OT): Polio can be eradicated within the space of five to six years. Norway is to increase its level of support for efforts to eradicate polio by NOK 190 million, to NOK 240 million (USD 40 million).

“I am pleased to announce that the Norwegian Government is proceeding with plans to support the new polio eradication plan by providing an allocation of NOK 240 million in 2014. We intend to continue our strong support for this important initiative for a further five years,” Minister of International Development Heikki Eidsvoll Holmås said.

“Thanks to tremendous progress in 2012, we now have a unique opportunity to change history and eradicate polio,” said Bill Gates, co-chair of the Bill and Melinda Gates Foundation. “Norway is a leader in contributing to health and development around the world. Its commitment to polio eradication is another example of Norway’s generosity to keep children healthy everywhere.”

“From our own historical experience, we know the fear and suffering caused by the polio virus. We now have the opportunity to eradicate a disease that is continuing to harm and kill people,” Mr Holmås said.

This funding will be channelled through the World Health Organization (WHO).

“The areas in which the polio virus can still be found are poor, and they lack a functioning health-care system and health workers to give vaccinations. If we are to succeed in eradicating polio, we must focus particular attention on giving women improved access to health services,” Mr Holmås said.

Significant progress has been made in the efforts to eradicate polio. In 1985, the disease could be found in 125 countries. Today, it is only found in three: Pakistan, Afghanistan and Nigeria. The number of new cases is falling in Afghanistan and Pakistan, but rising in Nigeria. Violent attacks on health workers administering vaccinations have caused problems.

“I am concerned and appalled by the violent attacks on health workers administering the polio vaccine. This makes it all the more important to build a broad international alliance to promote the eradication of polio. If we are to win the battle against polio, we must also make sure that the disease is not spread once again to countries that are currently free of the virus,” Mr Holmås said.

The Bill and Melinda Gates Foundation has estimated that it will cost around NOK 30 billion to achieve the complete eradication of polio in five years’ time. Given the current level of funding, we are around NOK 12 billion short of the funding needed to reach this goal. Norway will announce its increased contribution to the fight against polio at the vaccine summit in Abu Dhabi this week.

Norway has supported efforts to eradicate polio for many years, and last year it provided an additional allocation to these efforts.

For more information, contact:
Royal Norwegian Embassy in Islamabad
House No. 25, Street No. 19, Sector F-6/2
P.O. Box 1336
Telephone: +92-51-2279720-4
Fax: +92-51-2279726 / +92-51-2279729

Norway signs deal with United Nations Office on Drugs and Crime aiming at improving law and criminal justice in Punjab

Islamabad, June 11, 2013 (PPI-OT): Norway has signed an agreement with the United Nations Office on Drugs and Crime (UNODC), aiming at improving law and criminal justice in Punjab.

The newly appointed Representative of the United Nations Office on Drugs and Crime (UNODC) in Pakistan, Mr. César Guedes and the Norwegian Ambassador Ms. Cecilie Landsverk signed a project agreement on 6 June with a grant of NOK 1,75 million.

The project will support improved institutional capacities for police training and crime scene investigation skills and processes, as well as improved training in prosecutor career development and police-prosecutor cooperation.

For more information, contact:
Royal Norwegian Embassy in Islamabad
House No. 25, Street No. 19, Sector F-6/2
P.O. Box 1336
Telephone: +92-51-2279720-4
Fax: +92-51-2279726 / +92-51-2279729

Inter Services Public Relations spokesman denies report which appeared in a section of media stating that Pakistan purchased defence equipment from Israel

Rawalpindi, June 11, 2013 (PPI-OT): A spokesman of ISPR has categorically denied a news report which appeared in a section of media stating that Pakistan purchased any defence equipment from Israel. The report is misleading and not based on facts.

For more information, contact:
Inter Services Public Relations (ISPR)
Hilal Road, Rawalpindi, Pakistan
Tel: +9251 927 1605
Fax: +9251 927 1601