Karachi: (Colony) Thal Textile Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 08, 2015 at Ismailpur, Bhakkar. The agenda of the meeting to consider Annual Accounts of the Company for ...

Karachi: Mari Petroleum Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 12, 2015 at Islamabad. The agenda of the meeting is to review and approve Financial Statements for year ended June 30, 2015. Further, the Company has declared Close Period from August 05, 2015 to August 12, 2015. Mari Petroleum Company Limited is an exploration and production company operating at Daharki, District Ghotki, Sindh. The field is approximately 96 kilometers North of Sukkur. Esso Eastern Inc. discovered this field in 1957 with the drilling of first well – Mari X-1. The field was brought on production in 1967. The company is also joint venture partner in two exploration blocks (Kohlu & Kalchas) in Balochistan, two exploration blocks (Kohat & Bannu West) in Khyber Pakhtunkhwa, one block (Zindan) in Khyber Pakhtunkhwa / Punjab and one block (Hala) in Sindh. Moreover, the company is also joint venture partner in block 43B with 25% working interest in Oman. The symbol “MARI” is being used by the stock exchanges for the shares of Mari Petroleum Company Limited.

Karachi: Pakistan Petroleum Limited informed Karachi Stock Exchange that board of directors meeting of the company is scheduled to be held on August 24, 2015 at Karachi. The agenda of the meeting is to consider financial results of the Company for year ended June 30, 2015. Further, the Company has declared Close Period from August 12, 2015 to August 24, 2015. Pakistan Petroleum Limited was incorporated in Pakistan in 1950. The objectives of company include conducting exploration, prospecting, development and production of oil and natural gas resources. The subsidiaries of the company are PPL Europe E&P Limited formerly MND Exploration and Production Limited, PPL Asia DMCC and the Pakistan Petroleum Provident Fund Trust Company Private Limited. The jointly controlled entity is Bolan Mining Enterprises with 50% shareholding. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The operations of the company include production of natural gas, crude oil, liquid natural gas and liquefied petroleum gas. The company was incorporated in Pakistan as a public limited company in June 1950. The major shareholdings belonged to Burmah Oil Company of the UK. In September 1997, BOC disinvested from the exploration and production sector worldwide and sold its equity in PPL to the Government of Pakistan. The shareholding of the company is currently divided between the government which owns 71% of the shares, private owners with 22% shares and PPL employee Empowerment Trust which amounts to 7% shares. PPL operates six producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani and Hala and holds working interest in fifteen partner-operated producing fields, including Qadirpur. PPL has a portfolio of 47 exploration assets from which the company operates 27, including one contract in Iraq, while 20 blocks, comprising three offshore leases in Pakistan and two onshore concessions in Yemen, are operated by joint venture partners. The PPL fields/ departments are ISO 9001, 14001 and OHSAS 18001 certified. The symbol “PPL” is being used by the stock exchange for the shares of Pakistan Petroleum Limited.

Karachi: JS Bank Limited informed Karachi Stock Exchange that board of directors meeting of the bank will be held on August 12, 2015 at Karachi. The agenda of the meeting is to consider Half Yearly Accounts for period ended June, 2015 for declaration of any entitlement. Further, the Company has declared close period from August 06, 2015 to August 12, 2015. The announcement is available at http://www.kse.com.pk/notices-updates/detail2.php?0.10121292900294065&id=4&nid=068098 JS Bank Limited is incorporated in Pakistan as a scheduled bank engaged in commercial banking and related services. It is a subsidiary of Jahangir Siddiqui and Company Limited. The bank has a branch network of 211 branches in Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange in Pakistan. The registered office of the company is located in Karachi. JS Bank Limited has been formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan. The bank commenced operations in Pakistan as a fully scheduled bank on December 30, 2006. It has a Primary Dealer license for government securities from the State Bank of Pakistan. The core activities of the bank are in the segment of retail and consumer banking, treasury, corporate and commercial banking and investment banking. The symbol “JSBL” is being used by the stock exchanges for the shares of JS Bank Limited.

Karachi: Askari General Insurance Company Limited informed Karachi Stock Exchange about appointment of Mr. Faizan Zafar as company Secretary with effect from July 31, 2015 in place of Mr. Suleman Khalid.

Karachi: Al Ghazi Tractors Limited informed Karachi Stock Exchange about appointment of Mr. Mohammad Shahid Hussain as Chief Executive Officer and Director with effect from August 05, 2015 in place of Mr. Parvez Ali.

Karachi: United Bank Limited informed Karachi Stock Exchange about transaction of shares of the Bank. Mr Yousaf Iqbal, Vice President/Head TPC Islamabad, UBL sold 900 shares @ Rs. 184.15, 200 shares @ Rs. 184.20, 2,395 shares @ Rs. 184.50 in the market on August 3, 2015 and purchased 5 shares @ Rs. 184.50 from the market on August 03, 2015 through CDC. United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.