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Daily Archives: December 17, 2015

Material information of Nestle Pakistan limited

Karachi: Nestle Pakistan limited informed Karachi Stock Exchange about shareholders to provide a copy of valid CNIC to the company or its share registrar within 14 days, in which case the company will issue the dividend warrant. Nestle Pakistan Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, processing and sale of food products. This includes imported products dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is situated in Lahore. The company owns brands in the category of ambient dairy, chilled dairy, beverages, bottled water, culinary and food, baby food, breakfast cereals and confectionary. The symbol “PAKT” is being used by the stock exchange for the shares of Pakistan Tobacco Company Limited.

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Extraordinary general meeting of Siddiqsons Tin Plate Limited

Karachi: Siddiqsons Tin Plate Limited informed Karachi Stock Exchange about the extraordinary general meeting of the shareholders of the company scheduled to be held on January 01, 2016. The agenda of the meeting will be confirming the minutes of last annual general meeting held on October 29, 2015 and to consider the following proposed special resolution to make addition in the object clause of the memorandum of association of the company. Further, the closed period of the company is from December 23, 2015 to January 01, 2016. 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 prioncipalactivities of the companies includes 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.

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Dispatch of physical share certificates of Crescent Steel and Allied products Limited

Karachi: Crescent Steel and Allied products Limitedinformed Karachi Stock Exchange that the share certificate of 25% right issue of the company had been dispatched to the physical shareholders at their registered office on December 16, 2015. Crescent Steel and Allied Products Limited was incorporated on August 1, 1983 as a public limited company in Pakistan under the Companies Ordinance, 1984. The steel segment of the company manufactures large diameter spiral submerged arc welded steel line pipes and a pipe coating facility capable of applying multi and single layer, high density polyethylene internal and external coatings. The shares of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchange of Pakistan. The registered office of the company is located at Lahore. The steel segment operates an engineering unit, capable of fabricating and erecting reliable machinery at par with international standards. The unit is located in Faisalabad and caters primarily to the sugar, cement, paper and dairy industries. The Cotton segment comprises of two spinning units, CCP-I with 19,680 spindles and CCP-II (currently not operational) with 25,344 spindles. The Cotton segment operates under the title “Crescent Cotton Products, a division of Crescent Steel and Allied Products Limited” and with the operational unit, has the capability of producing 500 bags of high quality cotton carded yarn, in counts ranging from 6s to 30s. The company operates two fully owned subsidiaries in the capital markets and power sectors, CS Capital Private Limited and Shakarganj Energy Private Limited, respectively. The symbol “CSAP” is being used by the stock exchanges for the shares of Crescent Steel and Allied Products Limited.

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Board meeting of Archroma Pakistan limited to be held on December 17, 2015

Karachi: Archroma Pakistan limited informed Karachi Stock Exchange about the board of director meeting of the company held on December 17, 2015. The agenda of the meeting is to recommended final cash dividend @ 250% i.e. Rs. 25 per share for the year ended September 30, 2015. Further, the closed period of the company from January 22, 2016 to January 20, 2016. Archroma Pakistan Limited is a company incorporated in Pakistan The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of producing textile, paper and emulsions businesses of Clairants. The products of the company fall under the category of apparel, home textiles, technical textiles and carpets. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “ARPL” is being used by the stock exchanges for the shares of Archroma Pakistan Limited.

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Board meeting of Dynea Pakistan Limited held on December 16, 2015

Karachi, Dynea Pakistan Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on December 16, 2015. The agenda of the meeting is to consider the growth possibilities for the company as part of the strategic planning process and decided to evaluate the proposed sale of the laminates business by Thal limited. Dynea Pakistan Limited was incorporated in Pakistan on June 20, 1982 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing of formaldehyde, urea/melamine formaldehyde and aminoplast compound. The stocks of the company are quoted on the Karachi and Lahore stock exchanges in Pakistan. The registered office of the company is located at Karachi. The associated companies are Shabbir Tiles Ceramics Limited and Agriauto Industries Limited. The symbol “DYNO” is being used by the stock exchanges for the shares of Dynea Pakistan Limited.

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Board meeting of Sui Northern gas Pipelines Limited to be held on December 23, 2015

Karachi: Sui Northern gas Pipelines Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on December 23, 2015 at Lahore. The agenda of the meeting shall be consideration the annual accounts for the period ended June 30, 2013. Further, the closed period of the company shall be from December 16, 2015 to December 23, 2015. Sui Northern Gas Pipeline Limited was incorporated in Pakistan as a public limited company. The foundations of the company are laid using the Companies Ordinance, 1984. The principle activities of the company are the purchase, transmission, distribution and supply of natural gas. 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 Lahore. The symbol “SNGP” is being used by the stock exchanges for the shares of Sui Northern Gas Pipeline Limited.

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Islamabad Stock Exchange Market Statistics Report Thursday December 17, 2015

Islamabad, December 17, 2015 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 151 112 -39 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2693.89 2773.47 79.58 INDEX Opening Closing Change IMI- 25 Index 2396.41 2428.34 31.93 TOTAL VOLUME: Previous Current Change 218,500 62,000 1,000 (61,000) Previous Current Change B to B Volume ...

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