Karachi: EFU General Insurance Limited informed Karachi Stock Exchange that dividend warrants in respect of 10% First Interim Dividend for the year ended December 31, 2015 have been dispatched to the shareholders on May 20, 2015.

Karachi: Engro Polymer and Chemical Limited informed Karachi Stock Exchange about transactions of shares of the company. 230 shares at Rs. 9.43 were sold in the market on July 02, 2015. “Engro Polymer and Chemicals Limited was set up in 1997 by the name of Engro Asahi Polymer and Chemical Ltd. It was a joint venture between Engro Chemical, Asahi Glass Company and Mitsubishi Corporation to set up a 100,000 ton capacity PVC plant at Port Qasim. The plant came into commercial operation in 1999. In 2006, Asahi Glass divested from the business and Engro Chemical acquired its shareholding. The name of the company was changed to Engro Polymer & Chemicals Limited. The registered office of the company is located in Karachi. Other than producing caustic soda, sodium hypochlorite, EDC and VCM, Engro Polymer & Chemicals Limited is also the manufacturer of PVC resin in Pakistan. The symbol “EPCL” is being used by the stock exchange for the shares of Engro Polymer and Chemicals Limited. ”

Karachi: Lotte Chemical Pakistan Limited informed Karachi Stock Exchange about appointment of Mr. Humair Ijaz with effect from June 22, 2015 in place of Mr. Jung Neon Kim. “Lotte Chemical Pakistan Limited formerly Lotte Pakistan PTA Limited is incorporated in Pakistan. The company is engaged in the manufacture and sale of Pure Terephthalic Acid an essential raw material used in the polyester industry. The company is also engaged in manufacturing Polyester Staple Fibre, Filament Yarn and PET resin. The production capacity of the plant is around 500,000 tons per annum. It is a subsidiary of Lotte Chemical Corporation and the ultimate parent company is South Korean conglomerate Lotte. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The symbol “LOTCHEM” is being used by the stock exchanges for the shares of Lotte Chemicals Pakistan Limited. ”

Karachi, July 03, 2015 (PPI-OT):The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on July 6, 2015. ...

Karachi, July 03, 2015 (PPI-OT): Life is stillin grip of chilling poverty and deprivation. The first crescent is yet to be visible and children are yet to learn to pick […]

Lahore, July 03, 2015 (PPI-OT):All Pakistan Cement Traders Association (APCTA) has sought the LCCI help to get the issue of tax on all banking transactions solved. A delegation of All […]

Karachi, July 03, 2015 (PPI-OT):With an aim to create synergy amongst various maritime stakeholders for generating collective responses to asymmetric challenges from sea especially the threats to coastal infrastructure/assets, Pakistan […]