Saudi Pak Leasing Company Limited’s board meeting

Karachi, June 13, 2013 (PPI-OT): This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, June 20, 2013 at 11:00 hours at Saudi Pak Tower 61-A, Jinnah Avenue, Blue Area, Islamabad to consider the operating performance of the Company, for the year ending on June 30, 2013 along with other operational matters.

The Company has declared the “Closed Period” from June 13, 2013 to June 20, 2013 (both days inclusive) as required under Clause (xxiii) of the Code of Corporate Governance contained in the Listing Regulation No. 35 of the Exchange. Accordingly, no Director, CEO or Executive shall, directly or indirectly, deal in shares of the Company in any manner during the Closed Period.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Muhammad Ali Siddiqui
Company Secretary
Saudi Pak Leasing Company Limited
6th Floor, Lakson Square,
Building # 1, Sarwar Shaheed Road,
Saddar, Karachi- 74200, Pakistan
Ph: 111-888-999, (021) 5655181-5, 5655215-9
Fax: (021) 5210607-9

The Crescent Star Insurance Limited’s notice of the meeting of board of directors to discuss the company’s affairs

Karachi, June 13, 2013 (PPI-OT): This is to inform you that a meeting of the Board of Directors will be held on June 22, 2013 Saturday at 1 p.m. at the Company’s registered office, 2nd floor, Nadir House, I. I. Chundrigar Road, Karachi, to discuss the company’s affairs.

The Company has declared the “Closed Period” from June 15, 2013 to June 22, 2013 (both days inclusive) as required under Clause (xxvi) of the Code of Corporate Governance contained in the Listing Regulation No. 37 of the Exchange. Accordingly, no Director CEO or Executive shall, directly/ indirectly, deal in the shares of the Company in any manner during the Closed Period.

You may please inform the members of the Exchange accordingly.

Kindly acknowledge the receipt.

For more information, contact:
Khuzaima Hakimi
Secretary
The Crescent Star Insurance Limited
Nadir House, 2nd Floor,
I. I. Chundrigar Road,
P. O. Box: 4616, Karachi – 74000
Ph: 021-2415471 (3 Lines)
Fax: (92-21) 2415474
E-mail: info@cstar.com.pk
Website: www.cstar.com.pk

Fauji Fertilizer Company Limited’s acquisition

Karachi, June 13, 2013 (PPI-OT): We would like to inform you that State Bank of Pakistan (SBP) has issued its approval for the acquisition of 71.9% of paid-up shares of Askari Bank Limited by the Consortium of Fauji Foundation (FF), Fauji Fertilizer Company Limited (FFC) and Fauji Fertilizer Bin Qasim Limited (FFBL). Individually the Consortium members will hold the shareholding of Askari Bank in proportion of 7.2% by FF, 43.1% by FFCL and 21.6% by FFBL.

For more information, contact:
Brig Sher Shah (Retd)
Company Secretary
Fauji Fertilizer Company Limited
93-Harley Street, Rawalpindi-Pakistan
P.O. Box: 253
TELEX: 54310 FFCPK
Tel: (051) 9272307-15, 9272318-19, 9272327
Fax: (051) 9272519, 9272316, 92772346,
Website: www.ffc.com.pk
E-mail: ffcrwp@ffc.com.pk

Askari Bank Limited’s acquisition shareholding by fauji foundation consortium

Karachi, June 13, 2013 (PPI-OT): We would like to inform you that State Bank of Pakistan (SBP) has issued its approval for the acquisition of 71.9% of paid-up shares of Askari Bank Limited (AKBL) by the Consortium of Fauji Foundation (FF), Fauji Fertilizer Company Limited (FFCL) and Fauji Fertilizer Bin Qasim Limited (FFBL). Individually the Consortium members will hold the shareholding of Askari Bank in proportion of 7.2% by FF, 43.1% by FFCL and 21.6% by FFBL.

You may please inform members of your Exchange accordingly.

For more information, contact:
M.A. Ghazali Marghoob
Company Secretary
Askari Bank Limited
AWT Plaza, The Mall, P.O. Box 1084,
Rawalpindi-Pakistan,
PABX: + 92 51 972150-3, 9063000
Fax: + 92 51 9272445- 927245

United Nations Secretary General Mr. Ban Ki Moon congratulates Prime Minister and appreciates the people of Pakistan

Islamabad, June 13, 2013 (PPI-OT): The United Nations Secretary General Mr. Ban Ki Moon congratulated the Prime Minister, Mr. Mian Muhammad Nawaz Sharif, on assuming his new responsibilities as the Prime Minister of the Islamic Republic of Pakistan.

The UN Secretary General welcomed the first-ever transition in Pakistan from one civilian government to another and appreciated the people of Pakistan for reaffirming their desire for a democratic Pakistan by exercising their right to vote.

Acknowledging Pakistan as the leading Troop Contributing Country to the UN Peacekeeping, he appreciated Pakistan’s constructive and positive role in the United Nations since 1947.

Mr. Ban Ki Moon also expressed hope that the Government of Pakistan will continue to build on its democratic achievements and assured that the United Nations will support the Government in achieving progress and prosperity.

The UN Secretary General also expressed desire to work closely with Pakistan to address the challenges being faced by International community and welcomed the contribution of Pakistan towards regional cooperation, especially in supporting stability and reconciliation in Afghanistan.

For more information, contact:
Mr. Aizaz Ahmad Ch
Spokesman
Ministry of Foreign Affairs
Government of Pakistan
Tell: 051-9205494
Fax: 051-9204202
Cell: 0336-5644459

Ways to improve Liaison between Investigating Agency of Police and Prosecution

Peshawar, June 13, 2013 (PPI-OT): A meeting between Additional Inspector General Police (Investigation) and Director General Prosecution, Khyber Pakhtunkhwa was held in which Asif Zafar Cheema, Deputy Inspector General (Investigation), Noshad Ali Khan, SP (Research), Zafar Abbas Mirza, Deputy Director (Monitoring Cell), Irshadullah Afridi, Deputy Director (Legal) and Ghulam Hussain, DSP (Legal) participated.

The Director General thoroughly highlighted the steps taken so far, for the improvement in various categories as a result of liaison established in between the investigating agency of police and prosecution. He stated that the scrutiny of cases had been converted into early stage with the idea that evidence would be collected well in time and fit cases be forwarded to court in the light of section 173-Cr.PC without any delay.

He sensitized the Additional IG Investigation that Prosecution Act 2005 was now practically implemented in letter and spirit. Fit cases are recommended to various courts for the purpose of trial and in high profile cases team of the prosecutors is constituted to facilitate the investigating agency and as result whereof quality evidence is collected in time which has great impact on the enhancement of conviction ratio, he added. He said, the present conviction ratio was highlighted by him which was: Magisterial Courts (above 76%), Sessions Courts (about 28% and Anti-Terrorism Court (above 10%).

He said about 6000 weak cases had been recommended to various courts for discharge of accused. In last five months about 422 appeals have been preferred to superior courts, he added.

The Additional I.G showed his full satisfaction on improved performance of prosecutors of the province and assured his full cooperation and commitment for further improvement of liaison between police and prosecution. The meeting took the following decisions : The SP Investigation (Head of Investigation) and the District Prosecution Officers would keep throughout the Khyber Pakhtunkhwa.

The Prosecution and the Investigation Wing of Police should hold regular meetings on monthly basis to discuss the mutual issues in order to ensure quality Investigation/Prosecution.

The Districts Prosecution Officers would bound to provide all possible assistance to the Investigation Wing as and when required.

It was also decided that the Head of the Investigation would re-councile with the prosecution all existing Information/data on the specific performa designed by the prosecution and would bring the same in conformity with the information/data of the prosecution which was to be subsequently discussed in the meeting of Heads of Investigation of the Districts with Additional IG Investigation on 17 June 2013.

The meeting further decided that the Investigation Wing in the District would adopt the mechanism of performa in practice being circulated by Directorate of Prosecution and all the Information/data regarding criminal cases would be in accordance with the format of the prosecution and be signed by the District Public Prosecutor and Head of Investigation Wing in the Districts. In this respect both the wings would hold meetings in respective districts on June 14, 2013.

It was decided that the SSP Investigation, SP Research and DSP Legal CPO would visit Monitoring Cell of the Prosecution Directorate in the Home Department and would hold meetings with the Director General Prosecution/Deputy Director Monitoring Cell for discussion regarding future mechanism of collecting Information/Data.

The SP Investigation of District Swat would make his personal efforts for procuring attendance of prosecution witnesses in criminal cases against Moulana Sufi Muhamamd accused, the meeting decided. It was urged that the tendering of opinion was mandate of the District Public Prosecutor in line with the Khyber Pakhtunkhwa Prosecution Act, 2005, that any opinion in criminal cases by DSP Legal/Inspector Legal should not be given/followed in the future.

Both the Additional Inspector General Police ((Investigation) and Director General Prosecution agreed that by working with cooperation and coordination the result would be in getting culprits convicted. Moreover, full implementation of Khyber Pakhtunkhwa Prosecution Act, 2005 would facilitate the innocent individuals at early stage as cases registered on malafide together with cases being weak from evidentiary point of view would not be recommended for the purpose of trial.

For more information, contact:
Government of Khyber Pakhtunkhwa
Tel: 091 921 1789
Email: info@khyberpakhtunkhwa.gov.pk

Chief Minister Khyber Pakhtunkhwa allocates portfolio to ministers

Peshawar, June 13, 2013 (PPI-OT): The Chief Minister Khyber Pakhtunkhwa has allocated the portfolio of Finance to Minister Sirajul Haq and the portfolio of Irrigation, Energy and Power to Minister Sikandar Hayat Khan, says a notification issued by Administration Department Government of Khyber Pakhtunkhwa.

For more information, contact:
Government of Khyber Pakhtunkhwa
Tel: 091 921 1789
Email: info@khyberpakhtunkhwa.gov.pk