Daily Archives: December 22, 2015

Board meeting of IGI Insurance Limited

Karachi: IGI Insurance Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on December 30, 2015 at Lahore. The agenda of the meeting is to consider the approve investment in the shares of tri-pack films limited, an associated company. Further, the closed period of the company shall be from December 23, to December 30, 2015. 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.

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Board meeting of Chashma Sugar Mills Limited

Karachi: Chashma Sugar Mills Limited informed Karachi Stock Exchange about the board of director meeting of the company scheduled to be held on December 29, 2015 at Islamabad. The agenda of the meeting shall be consideration of annual accounts for the period ended 09, 2015. Further, the closed period of the company shall be from December 22, to December 29, 2015. Chashma Sugar Mills Limited is a company incorporated in Pakistan on May 5, 1988 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The commercial production of the company started from October 01, 1992. The company is engaged principally in the manufacture and sale of white sugar. The company is a subsidiary of The Premier Sugar Mills and Distillery Company Limited. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The head office of the company is located in Islamabad. The symbol “CHAS” is being used by the stock exchange for the shares of Chashma Sugar Mills Limited.

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Board meeting of the Premier Sugar Mills and Distillery Company limited

Karachi: The Premier sugar mills and distillery company limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on December 29, 2015 at Islamabad. The agenda of the meeting shall be consideration of annual accounts for the period ended 09, 2015. Further, the closed period of the company shall be from December 22, to December 29, 2015. Premier Sugar Mills and Distillery Company Limited is a company incorporated in Pakistan on July 24, 1944 as a Public Company. The company is principally engaged in manufacture and sale of white sugar and spirit. The shares of the company are quoted on Karachi and Islamabad Stock Exchanges of Pakistan. The company’s mills and registered office are located at Mardan (Khyber Pakhtunkhwa) whereas the Head Office is situated at Islamabad The symbol “PMRS” is being used by the stock exchanges for the shares of Premier Sugar Mills and Distillery Company Limited.

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Board meeting of Husein Sugar Mills Limited

Karachi: Husein Sugar Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on December 29, 2015 at Lahore. The agenda of the meeting is to consider the annual financial statements for the period ended September 30, 2015. Further, the closed period of the company shall be from December 23, to December 29, 2015. Husein Sugar Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The Company is principally engaged in the business of production and sale of sugar and by products. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore. The symbol “HUSS” is being used by the stock exchange for the shares of Husein Sugar Mills Limited.

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Board meeting of Shakarganj Mills Limited

Karachi: Shakarganj Mills Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on December 30, 2015 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended September 30, 2015. Further, the closed period of the company shall be from December 22, to December 30, 2015. Shakarganj Mills Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the postulates of the Companies Ordinance, 1984. It is principally engaged in manufacture, purchase and sale of sugar, bio fuel, building materials, yarn (textile) and engaged in generation and sale of electricity (bio power). The manufacturing facility of the company is located at Jhang and satellite manufacturing facilities at Bhone. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the Company is situated at Lahore. The symbol “SGML” is being used by the stock exchange for the shares of Shakarganj Mills Limited.

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KCC and ICCI sign MoU to promote Pak-China bilateral trade

Islamabad, December 22, 2015 (PPI-OT): China Xinjiang Kashgar Chamber of Commerce (KCC) and Islamabad Chamber of Commerce and Industry (ICCI) have signed a Memorandum of Understanding to work jointly for promoting bilateral trade and economic relations between Pakistan and China. The signing ceremony was held at ICCI. Abdujilil Halil President, Kashgar Chamber of Commerce and ...

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