Day: August 21, 2015

Karachi: Abbot Laboratories Pakistan Limited informed Karachi Stock Exchange about appointment of Ms. Zehra Naqvi as Director with effect from August 21, 2015 in place of Mr. Atif Aslam Bajwa.

Abbott Laboratories Limited is a public limited company. It was incorporated in Pakistan on July 2, 1948. Abbott started operations in Pakistan as a marketing affiliate in 1948. The company is engaged in the manufacturing, importing and marketing of research based pharmaceutical, nutritional, diagnostic, diabetic care, molecular devices, and hospital and consumer products. The company also provides toll manufacturing services. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is located in Karachi.

Abbott Pakistan is part of the global healthcare corporation of Abbott Laboratories, Chicago, USA. It has over 70,000 employees worldwide and a global presence in more than 130 countries. It has a work force of over 1500 employees. Besides this the company has two manufacturing facilities located at Landhi and Korangi in Karachi.

The symbol “ABOT” is being used by the stock exchanges for the shares of Abbott Laboratories Limited.

Karachi: The Pakistan General Insurance Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 29, 2015 at Lahore. 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 22, 2015 to August 29, 2015.

Pakistan General Insurance Company Limited was incorporated in Pakistan in October, 1947 as a public limited company. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The operations of the business are related to life and general insurance. The registered office of the company is located in Lahore. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The products of the company includes fire insurance, property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance and group health insurance.

The symbol “PKGI” is being used by the stock exchanges for the shares of Pakistan General Insurance Company Limited.

Karachi: Worldcall Telecom Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 28, 2015 at Lahore. The agenda of the meeting is to review and approve financial statements for half year ended June 30, 2015 as recommended by the Audit Committee, and any other business with permission of the Chair.

Further, the Company has declared the Close Period from August 21, 2015 to August 28, 2015.

Worldcall Telecom Limited is a public limited company incorporated in Pakistan on March 15, 2001. The foundations of the company are laid under the Companies Ordinance, 1984. The company commenced its operations on December 1, 2004 and is engaged in providing Wireless Local Loop and Long Distance & International services in Pakistan, operation and maintenance of public pay phones network and re-broadcasting international/ national satellite/terrestrial wireless and cable television and radio signals as well as interactive communication and to establish, maintain and operate the licensed telephony services. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore.

The company has been licensed by Pakistan Telecommunication Authority and Pakistan Electronic Media Regulatory Authority for these purposes. Worldcall Telecommunications Lanka Private Limited is the subsidiary company and was incorporated in Sri Lanka as a joint venture with Hayleys Group to operate payphones. Worldcall Telecom Limited holds 70.65% of voting securities in the subsidiary.

The symbol “WTL” is being used by the stock exchanges for the shares of Worldcall Telecom Limited.

Karachi: The Universal Insurance Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 29, 2015 at Rawalpindi. The agenda of the meeting is to consider un-audited accounts reviewed by auditors of the company for half year ended June 30, 2015.

Further, the company has declared close period from August 21, 2015 to August 29, 2015.

Universal Insurance Company Limited is a public limited company incorporated in Pakistan on May 9, 1958. The foundations of the company rely on the Companies Act, 1913 now referred to as Companies Ordinance, 1984. It is engaged in the business of non-life insurance business. The services of the company includes motor insurance, marine insurance, fire insurance, miscellaneous insurance, travel insurance and claim settlement procedures. The registered office of the company is located in Lahore. The stocks of the company are quoted on Karachi and Lahore Stock Exchange of Pakistan.

The company is a part of the Bibojee Group of Companies. The operations of the company started in 1960. The reinsurers of the company are Hanover Reinsurance Company of West Germany, Somitomo Marine and Fire Insurance Company of Japan, Korean Reinsurance Company of Korea and J.B Boda & company broker of Singapore.

This clientage of the company includes Textile/Spinning Mills, Flour Mills, Sports and Surgical Manufacturers, Garment Factories, Sugar Mills, Ghee Industries and various other industrial projects the number of which runs over fifteen thousand. The company is also on the approved panel of all the local and foreign Banks/Financial Institutions/Leasing Companies and Modarabas etc.

The symbol “UVIC” is being used by the stock exchange for the shares of Universal Insurance Company Limited.

Karachi: Reliance Insurance Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 27, 2015 at Karachi. The agenda of the meeting is to consider among other things un-audited financial statements duly reviewed by Auditors of the Company for half year ended June 30, 2015.

Further, the Company has declared the Close Period from August 21, 2015 to August 27, 2015.

Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The company is engaged in general insurance business. Its registered office is located in Karachi. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan and it is registered with Central Depository Company of Pakistan Limited.

The company is jointly owned by two industrial groups the Al-Noor Group and the Bawany Group. The company has a nationwide branch network with 25 operating stations spread in all the major cities of Pakistan. The products of the company are fire, marine, marine hull, motor, engineering, bond/ guarantee, terrorism, aviation and miscellaneous insurances.

The symbol “RICL” is being used by the stock exchanges for the shares of Reliance Insurance Company Limited.