Karachi: IGI Insurance Limited informed Karachi Stock Exchange about the amendments in the memorandum of association in order to enable to enter into a business area of takaful (Islamic insurance). The approval of amendments in the memorandum of association of the company is granted under the listing regulations. The extraordinary general meeting scheduled on January 30, 2016 at Karachi. IGI Insurance Limited a Packages Group Company, was incorporated in Pakistan as a public limited company in 1953 under Companies Ordinance, 1984. The insurance company is engaged in providing general insurance services in spheres of Fire, Marine, Motor, Health and Miscellaneous. 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 company is currently engaged in the process of acquisition of American Life Insurance Company for the acquisition of ownership interest of 40,986,690 ordinary shares representing approximately 81.97% of the total issued, subscribed and paid up capital shares of the company. The associated companies of the group includes packages limited, nestle Pakistan Limited, Sanofi-Aventis, Tri-Pack Films Limited, Treet Corporation Limited, Siemens Pakistan Engineering Company Limited, Coca-Cola Beverages Pakistan Limited, Mitchell’s Fruit Farms Limited, Zulfeqar Industries Limited, Loads Limited, IGI Investment Bank Limited and IGI Securities Limited. The symbol “IGIIL” is being used by the stock exchanges for the shares of IGI Insurance Limited.

Karachi: Al-Abbas Sugar Mills Limited informed Karachi Stock Exchange that the dividend warrant in respect of interim dividend warrants at Rs.6.50 per share i.e. 65% for the year ended September 2015 have been dispatched to the shareholders by registered post or through courier service on December 22, 2015. Al-Abbas Sugar Mills Limited is a company incorporated in Pakistan on May 2, 1991 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company is manufacturing and sale of sugar, processing and sale of industrial ethanol, manufacturing and sale of Calcium Carbide and Ferro alloys, generation and sales of electricity and providing bulk storage facility. 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 manufacturing facilities of the company are located at Mirpurkhas, Thatta and Karachi. The company has also entered into agreement of supply of Carbon Dioxide gas at its Ethanol division. The symbol “AABS” is being used by the stock exchanges for the shares of Al-Abbas Sugar Mills Limited.

Karachi: JDW Sugar Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on January 02, 2016 at Lahore. The agenda of the meeting is to consider and approve annual audited accounts of the...

Karachi: Karachi Stock Exchange informed that trading in the shares of Sukuk-2 of Engro Corporation Limited shall remain suspended during the period from December 23, 2015 to January 10, 2016 and resume on January 11, 2016. Further, the share books of ...

Karachi: Dost Steels Limited informed Karachi Stock Exchange about the board of director of the company approved the final term sheet for the restructuring of the syndicated term finance facility and also authorized the CEO and director to complete all legal formalities to the restructuring agreement. Dost Steels Limited is a company incorporated in Pakistan on March 19, 2004 as a private limited company under the Companies Ordinance, 1984. The principal business of the company include manufacturing of steel, direct reduced iron, sponge iron, hot briquetted iron, carbon steel, pig iron and special alloy steel in different forms. The company was converted into public limited company with effect from May 20, 2006. 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 “DSL” is being used by the stock exchanges for the shares of Dost Steels Limited.

Karachi: Karachi Stock Exchange informed that trading in the shares of Sukuk-1 of Engro Corporation Limited shall remain suspended during the period from December 23, 2015 to January 10, 2016 and resume on January 11, 2016. Further, the share books of ...

Karachi: IGI Insurance Limited informed Karachi Stock Exchange about transactions of shares of the company. 1,000 shares @ Rs. 240.00 per share were bought in the market on December 21, 2015 through CDC. IGI Insurance Limited a Packages Group Company, was incorporated in Pakistan as a public limited company in 1953 under Companies Ordinance, 1984. The insurance company is engaged in providing general insurance services in spheres of Fire, Marine, Motor, Health and Miscellaneous. 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 company is currently engaged in the process of acquisition of American Life Insurance Company for the acquisition of ownership interest of 40,986,690 ordinary shares representing approximately 81.97% of the total issued, subscribed and paid up capital shares of the company. The associated companies of the group includes packages limited, nestle Pakistan Limited, Sanofi-Aventis, Tri-Pack Films Limited, Treet Corporation Limited, Siemens Pakistan Engineering Company Limited, Coca-Cola Beverages Pakistan Limited, Mitchell’s Fruit Farms Limited, Zulfeqar Industries Limited, Loads Limited, IGI Investment Bank Limited and IGI Securities Limited. The symbol “IGIIL” is being used by the stock exchanges for the shares of IGI Insurance Limited.