Karachi: Baba Farid Sugar Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled will be held on December 31, 2015 at Lahore. The agenda of the meeting shall be consideration of audited annual accounts for period ended September 30, 2015. Further, the closed period of the company shall be from December 23, to December 31, 2015 both days inclusive. Baba Farid Sugar Mills Limited is a company incorporated in Pakistan in 1978 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is principally engaged in the manufacturing and sale of sugar including its by-products i.e. Molasses and V. Filter Cake. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and its manufacturing facility is located in Punjab. Baba Farid Sugar Mills Limited is the second sugar mill of the Imporient Group and is located in Okara. The production capacity of the company is 27,200 Tonnes. The company is also a member of the Chamber of Commerce and Industry. The symbol “BAFS” is being used by the stock exchanges for the shares of Baba Farid Sugar Mills Limited.

Karachi: Ghani Automobile Industries 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 has to fixed the number of directors to be elected for next term of three years as fourteen. Ghani Automobile Industry Limited is a public listed company incorporated in Pakistan in September, 1987. It is a company of Ghani Group. The name of the company has been changed from Ghani Textile Limited to Ghani Automobile Industries Limited with effect from March 31, 2004. The principal activity of company has been changed during year 2004 from manufacture and trade of grey cloth to manufacture, assemble and trade of Automotive Vehicles of all kinds and sorts. The shares of the company are quoted on the Stock Exchanges in Pakistan. The registered office of the company is situated at Lahore. The manufacturing facility of the company is engaged in the manufacturing of 70 cc & 100cc motorcycle, 100cc 3 wheeler motorcycle rickshaw & 200cc water cooled CNG Rickshaws, following all International and National standard engineering practices, procedures and quality controls. The symbol “GAIL” is being used by the stock exchanges for the shares of Ghani Automobile Industry Limited.

Karachi: Jwaffs Registrar Services Private Limited informed Karachi Stock Exchange about the shifting of office. The new address of the office is 407-408, 4th floor, Al Ameera Centre, Shahrah-e-Iraq, sadar, Karachi. The new telephone number is 35662023...

Karachi: Pakistan Petroleum limited informed Karachi Stock Exchange about resignation of Mr. Shahbaz Yasin Malik director of the company. Pakistan Petroleum Limited was incorporated in Pakistan in 1950. The objectives of company include conducting exploration, prospecting, development and production of oil and natural gas resources. The subsidiaries of the company are PPL Europe E&P Limited formerly MND Exploration and Production Limited, PPL Asia DMCC and the Pakistan Petroleum Provident Fund Trust Company Private Limited. The jointly controlled entity is Bolan Mining Enterprises with 50% shareholding. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The operations of the company include production of natural gas, crude oil, liquid natural gas and liquefied petroleum gas. The company was incorporated in Pakistan as a public limited company in June 1950. The major shareholdings belonged to Burmah Oil Company of the UK. In September 1997, BOC disinvested from the exploration and production sector worldwide and sold its equity in PPL to the Government of Pakistan. The shareholding of the company is currently divided between the government which owns 71% of the shares, private owners with 22% shares and PPL employee Empowerment Trust which amounts to 7% shares. PPL operates six producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani and Hala and holds working interest in fifteen partner-operated producing fields, including Qadirpur. PPL has a portfolio of 47 exploration assets from which the company operates 27, including one contract in Iraq, while 20 blocks, comprising three offshore leases in Pakistan and two onshore concessions in Yemen, are operated by joint venture partners. The PPL fields/ departments are ISO 9001, 14001 and OHSAS 18001 certified. The symbol “PPL” is being used by the stock exchange for the shares of Pakistan Petroleum Limited.

Karachi: Habib Sugar Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled will be held on December 30, 2015 at Karachi. The agenda of the meeting shall be consideration of annual accounts for the p...

Karachi: BankIslami Pakistan Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on December 30, 2015 at Karachi. The agenda of the meeting shall be consideration of half yearly financial statements for the period ended June 30, 2015. Further, the closed period of the company shall be from December 24 to December 31, 2015. The State Bank of Pakistan declared Bank Islami Pakistan Limited as a Scheduled Bank with effect from March 17, 2006. BankIslami started its Banking operations on April 7, 2006 in Karachi. The idea of Bank Islami was conceptualized by Jahangir Siddiqui & Company Limited and Randeree family in late 2003. Mr. Hasan A. Bilgrami was appointed as Adviser to the sponsors on March 16, 2004 for formalizing the idea. He presented the concept paper of Bank Islami to sponsors on March 24, 2004. A detailed business plan was then prepared and a formal application was submitted to the State Bank of Pakistan on May 26, 2004. On September 26, 2005, Dubai Bank joined the Sponsors and became one of the founding shareholders of Bank Islami by investing 18.75% in the total Capital. By the end of 2013, the bank possessed 201 branches in 77 cities nationwide. Under the Islamic banking policy of 2003 the bank acquired its Islamic banking license in 2005. The registered office of the company is located in Karachi. The core business area of the bank includes wealth management including shariah compliant and retail banking products, proprietary products and third party products. Financial planning service is also an important part of the process. The symbol “BIPL” is being used by the stock exchange for the shares of Bank Islami Pakistan Limited.

Karachi: Apollo textile Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on December 30, 2015. The agenda of the meeting shall be consideration of approve annual accounts for the year ended June 30, 2015 Further, the closed period of the company shall be from December 23, to December 30, 2015 both days inclusive. Apollo Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company is creating, developing and manufacturing of yarn products which cater all the basic and high quality yarn needs in the local and international markets. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The emphasis of the company is to respond to the emerging trends in the spinning industry and exporting yarn to international markets to the manufacturers of value added finished products. The company has several certifications ensuring quality standards using which the production is done. These are OHSAS 18001, ISO 14000, ISO 9000 and USTER Certified Company. The symbol “APOT” is being used by the stock exchanges for the shares of Apollo Textile Mills Limited.