Daily Archives: January 4, 2016

Hozpitality Group’s First Middle East Hospitality Excellence Awards 2015 Was a Grand Success

DUBAI, United Arab Emirates, Jan. 04, 2016 (GLOBE NEWSWIRE) — Hozpitality Group’s first Middle East Hospitality Excellence Awards 2015 was a grand success with over 86 winners and runners up in different categories including Judges Choice winners. The award ceremony event took place on the evening of Monday, 23rd Nov 2015 in The Great Ballroom […]

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Board meeting of Shahtaj Sugar Mills Limited

Karachi, Shahtaj Sugar 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 has decided to change the memorandum and article of association of the company to empower it for installation and running of a power project plant. The capital cost of this project will be Rs. 2.632 billion. The 50th annual general meeting of the company will be held on January 28, 2016. The agenda of the annual general meeting will be confirming the minutes of 49th annual general meeting held on January 27, 2015, consideration of the audited financial statement of the company for the year ended September 30, 2015, appointing and fixing the remuneration of the auditors. Further, the closed period of the company shall be 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 Mandi Bahauddin 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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Change of shares registrar of Mehran Sugar Mills Limited

Karachi, Mehran Sugar Mills Limited informed Karachi Stock Exchange about the shares registrar appointment of M/s C and K Management Associated Private Limited in place of Evolution Factors Private Limited of the company with effect from January 01, 2016. The address of the share registrar is 404, Trade Tower, Abdullah Haroon Road, near Metropole Hotel, Karachi. The telephone number is (021) – 35687839, 3568930. Mehran Sugar Mill’s core business is sugar manufacturing and is involved both at farm and factory level. The company has invested in a JV ethanol company, Unicol Limited, which produces 30 Million litres annually by converting molasses into Ethanol. Unicol Limited is one of Pakistan’s leading ethanol producers and exporters. Mehran Sugar Mill manages 1,000 acres of farming as a separate profit centre with an objective to cultivate high yielding sugar cane varieties, which can be given to our farmers as seed to improve their future plantations. Mehran Sugar Mill Limited also manages an equity portfolio of Rs 250 Million with emphasis of investing in leading blue chip companies of Pakistan. The objective of the portfolio is to provide a diversified source of income, through dividends and capital gains.

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Extraordinary general meeting of Safe Mix Concrete Limited

Karachi, Safe Mix Concrete Limited informed Karachi Stock Exchange about the extraordinary general meeting of the company scheduled to be held on January 26, 2016. The agenda of the meeting will be confirming the minutes of annual general meeting held on October 28, 2015 and election of the directors as fixed for period of three years. Further, the closed period of the company is from January 20 to January 26, 2016 both days inclusive. Safe Mix Concrete Products Limited is a company incorporated in Pakistan established in April, 2005 as a private limited company. The foundations of the company are laid under the Companies Ordinance, 1984. On February 21, 2007 the company was converted to a public limited company. The company is engaged in providing innovative solutions within the construction industry. The company has undertaken a number of projects such as Packages Bulleh Shah, Nestle Kabirwala factory, Bab-e-Pakistan. Creek Marina, Emaar Crescent Bay, Mabarak Center, DHA Riya Golf & Country Club, Lahore Ring Road, Creek Lodge, Gizri flyover, Dawood Islamic Tower, etc. The principal activity of the company is production and supply of ready mix concrete, building blocks and construction of pre fabricated buildings, factories and other construction sites. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Pakistan. The symbol “SMCPL” is being used by the stock exchanges for the shares of Safe Mix Concrete Products Limited.

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Transactions of shares of Power Cement Limited

Karachi, Power Cement Limited informed Karachi Stock Exchange about transactions of shares of the company. 40,000,000 shares @ Rs. 10.01 per share were purchased in the market on December 28, 2015, and 66,050,000 shares @ Rs. 10.01 per share were purchased in the market on December 29, 2015 through CDC. Power Cement Limited formerly Al-Abbas Cement Industries Limited was established as a private limited company on December 1, 1981. On July 9, 1987 the company was converted into a Public Limited Company. The core operation of the company includes manufacturing and selling cement. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located in Karachi. Power Cement Limited is part of the Arif Habib Group which is related to securities brokerage, investment and financial advisory, investment management, commercial banking, commodities, and private equity cement and fertilizer industry. The symbol “POWER” is being used by the stock exchanges for the shares of Power Cement Limited.

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Transactions of 20,000 shares of Hira Textile Mills Limited

Karachi, Hira Textile Mills Limited informed Karachi Stock Exchange about transactions of shares of the company.5000 shares @ Rs. 8.22 per share were purchased in the market on December 30, 2015, 5000 shares @ Rs. 8.25 per share were purchased in the market on December 31, 2015, 5000 shares @ Rs. 8.19 per share were purchased in the market on January 04, 2016, 5000 shares @ Rs. 8.49 per share were purchased in the market on January 04, 2016. Hira Textile Mills Limited was incorporated in Pakistan on January 31, 1991. The foundations of the company are laid under the Companies Ordinance, 1984. The company produces cotton yarn with the facility of an in house dying unit and Hira Terry manufactures towels. The stocks of the company are listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The mill is located in Raiwind, District Kasur. The company has spinning, doubling and yarn dyeing machinery. The spinning units comprises of 40,000 spindles. The product range of the company varies from coarse counts to fine counts ranging from 4/1cd to 80/1cm, producing ring spun as well as compact spun yarns, slub and Lycra yarns. Hira Terry Mills limited is a jointly controlled association company located adjacent to the registered office at Lahore. The symbol “HIRAT” is being used by the stock exchanges for the shares of Hira Textile Mills Limited.

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