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Daily Archives: November 16, 2015

Financial results of TRG Pakistan Limited for period ended September 30, 2015

Karachi: TRG Pakistan Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on November 13, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for three months period ended September 30, 2015 which portrayed a profit of Rs. 65.960 and earnings per share 0.01 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. The Resource Group Pakistan Limited is engaged in managing and maintaining the telephone answering services, call centers, business process outsourcing services and information technology related services in Pakistan. The group operates internationally in various different countries including North America, Africa and Europe. The registered office of the business is located in Karachi. TRG operates in the business process outsourcing sector. The company has acquired more than twenty four companies in the last decade which develops a global structure for the organization. The symbol “TRG” is being used by the stock exchanges for the shares of The Resource Group Pakistan Limited.

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Transaction of 1,000 shares of Bank Alfalah Limited

Karachi: Bank Alfalah Limited informed Karachi Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 30.00 per share were sold in the market on November 13, 2015 through CDC. Bank Alfalah Limited was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan. The bank has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing. The symbol “BAFL” is being used by the stock exchanges for the shares of Bank Al-Falah Limited.

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Transaction of 2000 shares of Jubilee Life Insurance Company Limited

Karachi: Jubilee Life Insurance Company Limited informed Karachi Stock Exchange about transaction of shares of the company. 2000 shares @ Rs. 525 per share were purchased from the market on November 13, 2015 through CDC. Jubilee Life Insurance Company Limited incorporated in Pakistan on June 29, 1995 as a public limited company under the Companies Ordinance, 1984. The operations of the company started on June 20, 1996. The products and services which the company offers include individual life insurance, banc assurance, micro insurance, corporate insurance and priority insurance. The shares of the company are quoted at the Karachi Stock Exchange. The registered office of the company is located in Karachi. Jubilee Life Insurance is a subsidiary of the Aga Khan Fund for Economic Development, Switzerland. It is the economic development arm of the AKDN, a group of private, non-denominational development agencies. The sister concerns of the company are the Aga Khan University Hospital, Jubilee General Insurance Company Limited, the Aga Khan Health Services, Tourism Promotion Services, First Micro Finance Bank Limited, Habib Bank Limited, the Aga Khan Education Services and Focus Humanitarian Assistance. The international associate of the company includes Jubilee Insurance Kenya, Uganda, Tanzania, Burundi and Mauritius. The symbol “JLICL” is being used by the stock exchanges for the shares of Jubilee Life Insurance Company Limited.

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Dispatch of interim dividend warrants of Kohat Cement Company Limited

Karachi: Kohat Cement Company Limited informed Karachi Stock Exchange that dividend warrants in respect of final dividend at Rs. 4/- per share, i.e. 40% for year ended June 30, 2015 have been dispatched to shareholders by registered post on November 14, 2015. Kohat Cement Company Limited is a public limited Company incorporated in Pakistan under the Companies Ordinance, 1984. The company is engaged in the manufacturing and selling of cement. The product line is distributed into grey cement and white cement. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office is situated at Kohat. The associated companies of Kohat Cement are Liberty Car Park Private Limited, Palace Enterprises Private Limited, Aizaz Brothers Private Limited, Asian Hotel and Resorts Private Limited, Ace Developers Private Limited, Atta Buksh Textiles Limited and Tariq Motors Private Limited The symbol “KOHC” is being used by the stock exchanges for the shares of Kohat Cement Company Limited.

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Board meeting of Ghani Gases Limited will be held on November 20, 2015

Karachi: Ghani Gases Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on November 20, 2015 at Lahore. The agenda of the meeting is to discuss, review and consider possibility of a potential Right Shares and other business matters. Further, the Company has declared the closed period from November 16, 2015 to November 20, 2015. Ghani Gasses Limited was incorporated in Pakistan during November 2007 as a private limited company. During February 2008 the company was converted into a public limited company. In 2009 the company set up a plant near Lahore and in 2014 a plant near Port Qasim for manufacturing liquid industrial and medical gases. The company is ISO 9001: 2008 certified. The registered office of the company is located in Lahore. The company manufactures liquid oxygen, liquid nitrogen, liquid argon and calcium carbide which are used for industrial and commercial usage in oil and gas industry, live stock, automotive industry, health care industry, pharmaceuticals industry, steel and iron mills, food and beverages, chemical industries and many other related industries. The symbol “GGL” is being used by the stock exchange for the shares of Ghani Gases Limited.

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