Breaking News

Monthly Archives: September 2015

Board meeting of Prosperity Weaving Mills Limited to be held on September 29, 2015

Karachi: Prosperity Weaving Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on September 29, 2015 at Lahore. The agenda of the meeting is to consider annual accounts for period ended June, 2015 for declaration of any entitlement. Further: The Company has declared the closed period from September 21, 2015 to September 29, 2015. “Prosperity Weaving Mills Limited is a company incorporated in Pakistan on November 20, 1991. It is a public limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal activity of the Company is manufacturing and sale of woven cloth. The Mill is located at District Sheikhupura in the Province of Punjab. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore. The symbol “PRWM” is being used by the stock exchange for the shares of Prosperity Weaving Mills Limited.”

Read More »

Board meeting of Ellcot Spinning Mills Limited will be held on September 29, 2015

Karachi: Ellcot Spinning Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on September 29, 2015 at Lahore. The agenda of the meeting is to consider annual accounts for period ended June, 2015 for declaration of any entitlement. Further, the Company has declared closed period from September 21, 2015 to September 29, 2015. “Ellcot Spinning Mills Limited is a company incorporated in Pakistan. It is a public limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal activities of the company include manufacture and sale of yarn. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore. The symbol “ELSM” is being used by the stock exchange for the shares of Ellcot Spinning Mills Limited.”

Read More »

Board meeting of PICIC Insurance Limited will be held on September 29, 2015

Karachi: PICIC Insurance Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on September 29, 2015 at Karachi. The agenda of the meeting is to consider and approve the right shares issue. Further: The Company has declared the closed period from September 22, 2015 to September 29, 2015. “PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.” ZCZC

Read More »

Board meeting of Ashfaq Textile Mills Limited will be held on September 30, 2015

Karachi: Ashfaq Textile Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on September 30, 2015 at Faisalabad. The agenda of the meeting is to consider annual accounts for the period ended June, 2015 for declaration of any entitlement. Further: The Company has declared the closed period from September 22, 2015 to September 30, 2015. “Ashfaq Textile Mills Limited is a company incorporated in Pakistan on January 14, 1988 as a private limited company. It was then subsequently converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The core business activities of the company are manufacturing and sale of textiles and rendering of sizing and conversion services. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office and mills of the company is located in Faisalabad. The symbol “ASHT” is being used by the stock exchange for the shares of Ashfaq Textile Mills Limited.”

Read More »

Board meeting of Gadoon Textile Mills Limited will be held on September 30, 2015

Karachi: Gadoon Textile Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on September 30, 2015. The agenda of the meeting is to consider audited accounts for year ended June 30, 2015. Further: The Company will observe closed period with immediate effect till the announcement of results. “Gadoon Textile Mill Limited was incorporated in Pakistan on February 23, 1988. The commercial production of the business started in 1990. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in district Swabi. The manufacturing facilities of the company are located near Gadoon and Nooriabad near Karachi. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The products which are manufactured by the company include compact yarn, murata jet spinning yarn, core spun yarn, compact core spun yarn, grey cotton, ring spun yarn, synthetic yarn and poly cotton yarn. The symbol “GADT” is being used by the stock exchange for the shares of Gadoon Textile Mill Limited. ”

Read More »

Board meeting of Siddiqson Tin Plate Limited

Karachi: Siddiqson Tin Plate Limited informed Karachi Stock Exchange about board of directors meeting of the company held on September 19, 2015 at Karachi. The financial results and recommendations of the board of directors of the company, if any, will be communicated to the Exchange on conclusion of the meeting. “Siddiqsons Tin Plate Limited is a company operating in Pakistan established in 1999. The company was incorporated on January 29, 1996. The foundations of the company are laid under the Companies Ordinance, 1984. The company has collaboration with SOLLAC of France and Mitsubishi corporation of Japan. The factory of the company is located in Baluchistan with a production capacity of 120,000 tons per annum of Tin Plate. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The canning plant is located at Malir, Karachi. The prioncipal activities of the companies include manufacturing and sale of tin plates, cans and other steel products. The material is used by companies for making cans and containers for packaging of cooking oil, fruits, foods and vegetables, sea foods, beverages, lubricant oil and edible stuff etc. The company prepares its products using the Ferrostan process technology developed by US Steel. The symbol “STPL” is being used by the stock exchanges for the shares of Siddiqsons Tin Plate Limited. ”

Read More »

Islamabad Stock Exchange Market Statistics Report Monday September 21, 2015

Islamabad, September 21, 2015 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 138 63 -75 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2905.49 2872.32 (33.17) INDEX Opening Closing Change IMI- 25 Index 2411.58 2404,65 (6,93) TOTAL VOLUME: Previous Current Change 218,500 23,000 500 (22,500) Previous Current Change B to B Volume ...

Read More »