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Monthly Archives: September 2015

Board meeting of Mubarak Textile Mills Limited will be held on October 02, 2015

Karachi: Mubarak Textile Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on October 02, 2015 at Lahore. The agenda of the meeting is to confirm the minutes of the last Board meeting dated April 27, 2015, to receive, consider and adopt the audited accounts of the Company, to prepare appropriations, to prepare Directors’ Report and to fix date of 24th annual general meeting.

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Financial results of Berger Paints Pakistan Limited for period ended June 30, 2015

Karachi: Berger Paints Pakistan Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on October 28, 2015. Financial results of the company both Stand alone (excluding subsidiaries) and consolidated profit and loss account for year ended June 30, 2015 portrayed a profit of Rs.109,153 and earnings per share 6.00 basic and diluted and consolidated profit and loss account for year ended June 30, 2015 portrayed a profit of Rs. 110,318 and earnings per share 6.03 basic and diluted Further, 10% payment of cash dividend, nil payment of bonus shares and right shares was agreed. The annual general meeting of the company will be held on October 29, 2015 at Lahore. Further, the share transfer books of the company will remain closed from October 23, 2015 to October 29, 2015 both days inclusive. Berger Paints Pakistan Limited was incorporated in Pakistan on March 25, 1950 as a private limited company under the Companies Act, 1913 now Companies Ordinance, 1984 and was subsequently converted into a public limited company in 1974. Slotrapid Limited, based in British Virgin Island is the holding company. The company is engaged in the manufacturing of paints, varnishes and other related items. The shares of the company are quoted on the Karachi and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Karachi and the principle manufacturing facility of the company is situated at Lahore. The company has number of technical collaboration arrangements with leading international manufacturers. These include paint companies which enable developing Automotive, Vehicle Refinishes and Industrial Paints conforming to international standards; a Japanese chemical company, for Bumper Paints; PCS Powders, UK for Powder Coatings; DPI Sendirian Berhad, Malaysia for Road & Runway Markings; Cerachem for Construction Chemicals and Asian Paints for Decorative Paints. The company has also acquired distribution rights of DuPont for Pakistan’s vehicle refinish paint segment. The symbol “BERG” is being used by the stock exchanges for the shares of Berger Paints.

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Karachi Stock Exchange Stock Market Position on 29-09-2015

Karachi, September 29, 2015 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On September-29-2015 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi Plus 65 Current 19268.95 32214.58 22611.22 53787.47 15367.90 11883.67 Minus 281 Previous 19584.20 32690.02 22902.50 54569.26 15647.70 12186.01 Unchanged 13 High 19584.20 32690.02 22902.50 54569.27 15648.25 12186.01 Total 359 Low 19128.39 32025.25 22472.51 ...

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Islamabad Stock Exchange Market Statistics Report Tuesday September 29, 2015

Islamabad, September 29, 2015 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 149 33 -116 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2838.44 2772.59 (65.85) INDEX Opening Closing Change IMI- 25 Index 2382.04 2356.80 (25.24) TOTAL VOLUME: Previous Current Change 218,500 500 15,500 15,000 Previous Current Change B to B Volume ...

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Pak-Qatar Takaful Group launches Corporate Documentary to promote Takaful

Islamabad, September 29, 2015 (PPI-OT): Pak Qatar Takaful Group is the pioneering enterprise in Pakistan, offering Shariah-compliant Takaful services. This international joint-venture organization has recently launched a corporate documentary video on the media, which outlines the evolution of Takaful business, all over the world. The documentary narrates and aesthetically visualizes the inception of Takaful many ...

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