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Daily Archives: December 30, 2015

Dispatch of interim dividend warrants of Al-ghazi Tractors Limited

Karachi, Al-ghazi Tractors Limited informed Karachi Stock Exchange that interim dividend warrants @ Rs. 30 per share i.e. 600% for year ending December 31, 2015 have been dispatched to shareholders by registered post on December 22, 2015. Al-Ghazi Tractors Limited is a company incorporated in Pakistan as a public limited company in June, 1983. The foundations of the company have been laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacture and sale of agricultural tractors, implements and spare parts. 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 manufacturing facility of the company is located in Dera Ghazi Khan. The symbol “AGTL” is being used by the stock exchanges for the shares of Al-Ghazi Tractors Limited.

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Financial results of Shahtaj Sugar Mills Limited for period ended September 30, 2015

Karachi, Shahtaj Sugar Mills Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held on December 30, 2015. The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2015 which portrayed a loss of Rs. 91.489 and loss per share 7.62 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. The annual general meeting of the company is scheduled to be held on January 28, 2016. Further, the share transfer books of the company will remain closed from January 22, to January 29, 2016 (both days inclusive). Shahtaj Sugar Mills Limited was incorporated in Pakistan on March 27, 1965 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture of sugar from sugarcane. The company also produces Molasses which is a by-product extracted from sugarcane. The commercial production of the company started in November 1968. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The mill is located at MandiBahauddin in Punjab. The crushing capacity of the mill is 8,000-10,000 metric tons sugarcane per day. The symbol “SHJS” is being used by the stock exchanges for the shares of Shahtaj Sugar Mills Limited.

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Board meeting for filling casual vacancy of Mitchells Food Farms Limited

Karachi, Mitchells Food farms Limited informed Karachi Stock Exchange that board of directors meeting of the company was held on December 30, 2015. The board approved minutes of the last meeting held on November 13, 2015, Board appointed Mr. Rizwan Bashir as Director on Board of the company as a result of casual vacancy on the demise of Syed Faisal Imam. Mitchell’s Fruit Farms Limited is a company incorporated in Pakistan in 1933 by Francis J. Mitchell under the name of Indian Mildura Fruit Farms Ltd. After the country gained independence in 1947, the company’s name was changed to “MITCHELL’S Fruit Farms Ltd.” with the brand name of “MITCHELL’S”. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacture and sale of various farm and confectionery products. 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 Lahore. The products of the company ranges from squashes and fruit drinks, fruity jam, jellies and marmalade, tomato ketchup and sauces, tasty pickles, nutritious canned fruits and vegetables, to a wholesome assortment of candies, toffees and chocolates. The products are sold locally and internationally in areas like UK, USA, Canada, Middle-East and South-West Asia. The symbol “MFFL” is being used by the stock exchanges for the shares of Mitchell’s Fruit Farms Limited.

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Islamabad Stock Exchange Market Statistics Report Wednesday December 30, 2015

Islamabad, December 30, 2015 (PPI-OT): MARKET TREND: Bullish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 138 78 -60 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2762.76 2771.73 8.97 INDEX Opening Closing Change IMI- 25 Index 2417.94 2423.42 5.48 TOTAL VOLUME: Previous Current Change 218,500 20,100 1,000 (19,100) Previous Current Change B to B Volume ...

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Pak Suzuki Motor partners with Karandaaz Pakistan and Meezan Bank to Promote Small and Medium Enterprises in Automotive Industry in Pakistan

Karachi, December 30, 2015 (PPI-OT): Pak Suzuki Motor Company has recently signed a corporate partnership agreement with Karandaaz Pakistan and Meezan Bank to help provide financial access to Small and Mid-Size (SME) automotive part vendors in Pakistan. This tripartite agreement forms part of the USD 50 million Corporate Vendor and Distributor Finance Program launched recently ...

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