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Daily Archives: December 21, 2015

Board meeting of Unilever Pakistan Foods Limited to be held on March 07, 2016

Karachi, Unilever Pakistan Foods Limited informed Karachi Stock Exchange that board meeting of the company to be held on March 07, 2016 at Karachi. The agenda of the meeting is to consider such proposals and actions as may be deemed appropriate, based on the financial results for the year 2015. Further, the closed period of the company shall be from December 24, 2015 to March 08, 2016. Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly. The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.

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Material information of Berger Paints Pakistan limited

Karachi, Berger Paints Pakistan Limited informed Karachi Stock Exchange that the company has acquired 49% shares in M/s 3S pharmaceuticals private limited for Rs. 39.2 million located at Raiwind Manga Road, Lahore. 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 SendirianBerhad, 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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Transfer of Nominee Share of Unilever Pakistan Foods Limited

Karachi, Unilever Pakistan Food Limited informed Karachi Stock Exchange about transaction of Nominee share of the company. One nominee physical share given by the parent company has been transferred from Mr. Ehsan A. Malik to Mrs. Shazia Syed, Director of the company without consideration of price. Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly. The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.

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Dispatch of Bonus Share Certificates of Zahidjee Textile Mills Limited

Karachi, Zahidjee Textile Mills Limited informed Karachi Stock Exchange that share certificates in respect of bonus shares announced on October 31, 2015 have been dispatched to the shareholders through registered post or courier service/credited to their respective accounts in the central depository system of CDC on November 29, 2015. Zahidjee Textile Mills Limited is a company incorporated in Pakistan on July 17, 1990 as a public limited company under the Companies Ordinance, 1984. The principal business of the company is export of all kinds of value added fabrics and textile made-ups. The Company is also engaged in the business of manufacturing and sale of yarn. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated in Faisalabad. The weaving unit is located at Satyana and spinning units are located at Tehsil Jaranwala, District Faisalabad in the province of Punjab. The symbol “ZAHT” is being used by the stock exchanges for the shares of Zahidjee Textile Mills Limited.

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Reappointment of Chief Executive Officer of Bolan Castings Limited

Karachi, Bolan Castings Limited informed Karachi Stock Exchange about reappointment of Mr. Sirajuddin Khan as Chief Executive Officer of the company with effect from December 08, 2015 for a period of one year. Bolan Castings Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was incorporated on July 15, 1982. The company is engaged in the business of manufacturing and selling castings for tractors and automotive parts which includes Grey Iron Castings and Spheroidal Graphite/ Nodular/ Ductile Iron Castings. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Baluchistan. The symbol “BCL” is being used by the stock exchanges for the shares of Bolan Castings Limited.

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