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Daily Archives: October 14, 2015

Board meeting of United Bank Limited to be held on October 27, 2015

Karachi: United Bank Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 27, 2015 at Islamabad. The agenda of the meeting shall be consideration of third quarterly accounts for the period ended September 30, 2015. Further, the closed period of the company shall be from October 16, 2015 to October 27, 2015. 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.

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Board meeting of Standard Chartered Modaraba to be held on October 22, 2015

Karachi: Standard Chartered Modaraba informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 22, 2015 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended September 30, 2015. Further, the closed period of the company shall be from October 15, 2015 to October 22, 2015. Standard Chartered Modaraba was formed under the Modaraba Companies Modaraba Floatation and control Ordinance, 1980 in Pakistan in 1987. The rules of the company are framed under the Standard Chartered Services of Pakistan Private Limited. The management company is a wholly owned subsidiary of Standard Chartered Bank Pakistan Limited. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The modaraba is a perpetual modaraba and is primarily engaged in leasing/ ijarah of plant, machinery, motor vehicles and computer equipment etc. The company invests in the commercial and industrial ventures suitable for the modaraba. It offers both Consumer and Wholesale Shariah compliant financing products. The symbol “SCM” is being used by the stock exchanges for the shares of Standard Chartered Modaraba Limited.

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Board meeting of Pakistan Gum and Chemical Limited to be held on October 22, 2015

Karachi: Pakistan Gum and Chemical Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 22, 2015 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended October 30, 2015. Further, the closed period of the company shall be from October 15, 2015 to October 22, 2015. Pakistan Gum and Chemical Limited was incorporated in Pakistan as a public limited company in 1982 under the Companies Act, 1913 later the Companies Ordinance, 1984. The main business activity is the production and sale of guar gum and its allied products. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The products of the company include guar splits, guar gum and guar meal. The by-product, guar meal is used as a nutritional supplement for animal, poultry and cattle feed. The production process of the company is ISO 22000:2005 certified. The company relies heavily on exports with customers in Canada, China, Dubai, Germany, Hong Kong, Italy, Holland, Japan, Korea, Malaysia, Philippines, Poland, Qatar, Singapore, Spain, Switzerland, Saudi Arabia, Taiwan, Thailand, Turkey and the USA. The symbol “PGCL” is being used by the stock exchange for the shares of Pakistan Gum and Chemical Limited.

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Board meeting of NIB Bank Limited to be held on October 21, 2015

Karachi: NIB Bank Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 21, 2015 at Karachi. The agenda of the meeting shall be consideration the third quarterly accounts for the period ended September 30, 2015. Further, the closed period of the company shall be from October 15, 2015 to October 21, 2015. NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad. The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country. The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.

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Board meeting of National Foods Limited to be held on October 21, 2015

Karachi: National Foods Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 21, 2015 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended September 30, 2015. Further, the closed period of the company shall be from October 14, 2015 to October 21, 2015. National Foods Limited was incorporated in Pakistan on February 19, 1970 as a private limited company and began its operations as a spice company On March 30, 1988 the company was converted to a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacture and sale of convenience based food products. 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 at Karachi. The symbol “NATF” is being used by the stock exchanges for the shares of National Foods Limited.

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Board meeting of Modaraba Al-Mali to be held on October 21, 2015

Karachi: Modaraba Al-Mali informed Karachi Stock Exchange that board meeting of the company is scheduled to be held on October 21, 2015 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for period ended September 30, 2015. Further, the closed period of the company shall be from October 14, 2015 to October 21, 2015. Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980, and Modaraba Companies and Modaraba Rules, 1981 and is managed by BankIslami Modaraba Investments Limited, a company registered under the Companies Ordinance, 1984. It is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling / service station. It is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi. The symbol “MODAM” is being used by the stock exchange for the shares of Modaraba Al-Mali.

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ساب ملر پی ایل سی (“ساب ملر”) اور آن ہیوسر-بوش ان بیوایس اے/اینوی (“اے بی ان بیو”) کا عملی معاہدہ اور پی یو ایسی و حتمی تاریخ میں توسیع

برسلز، 13 اکتوبر 2015ء/پی آرنیوزوائر– اے بی ان بیو (یورونیکسٹ: ABI) (این وائی ایس ای: BUD) اور ساب ملر (ایل ایس ای: SAB) (جے ایس ای: SAB) نے اعلان کیا ہے کہ وہ ساب ملر کے جاری کردہ اور جاری ہونے والے حصص سرمائے کے لیے اے بی ان بیو کی ممکنہ تجویز کردہ پیشکش […]

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