AMSTERDAM, The Netherlands, Jan. 6, 2016 (GLOBE NEWSWIRE) — Gemalto, the world leader in digital security, has won the Most Innovative LTE Application and Service Award for its Cinterion(R) Cat 1 LTE wireless module. The prestigious award program, hosted by Informa and LTE North America, honors the industry’s most outstanding innovations improving the future of […]

أمستردام، 6 يناير 2016 – فازت Gemalto، الشركة الرائدة على مستوى العالم في مجال الأمن الرقمي، بجائزة تطبيق وخدمات LTE الأكثر ابتكاراً عن وحدتها اللاسلكية Cinterion® Cat 1 LTE. إن برنامج الجوائز الرائع، الذي تستضيفه Informa وLTE North America، يكرم الابتكارات الأكثر بروزاً في القطاع بما يعمل على تحسين مستقبل شبكات الهواتف الجوالة عبر أنحاء […]

Karachi, Sanghar Sugar Mills Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on January 30, 2016 at Karachi. The agenda of the meeting will be consideration of the audited financial statement...

Karachi, Saudi Pak Leasing Company Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 06, 2016. The agenda of the meeting is to discuss the profit and loss account for the year ended June 30, 2015 which portrayed a loss of Rs. (192,927,702) and loss per share (4.27) 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 will be held on February 19, 2016 at the Islamabad. Further, the share transfer books of the company will remain closed from February 12, to February 19, 2016 both days inclusive. Saudi Pak Leasing Company Limited was incorporated in January 1991. In October 1997, Saudi Pak Industrial & Agricultural Investment Company acquired the entire 30% shareholding of Standard Chartered Bank. SAPICO is the second largest of the three investment companies set up by the Government of Pakistan as joint venture with other sovereigns. The Saudi Arabian government holds 50% equity stake in SAPICO with the other 50% held by Pakistan. The Company has a seven member board of which three, including the CEO, represent SAPICO, two, the Piracha Group, and one each, the Premier Mercantile Services and NIT. SPLC is one of the largest leasing companies in Pakistan in terms of asset size. The registered office of the company is located in Karachi. The company is listed on all the three stock exchanges in Pakistan which are namely Karachi, Lahore and Islamabad stock exchanges. SPLCs main activity is writing full payout financial leases for establishing corporate entities. The preferred assets for leasing are machinery, computers, vehicles etc. The focus of the company is on the blue chip segment, which includes multinational companies and established local companies such as small and medium sector enterprise. The products of the company are for sole proprietorship, partnership concerns or even private limited companies. Its financial services are offered in various categories such as business and office equipment, manufacturing machinery, heavy machinery, medical equipment, automobiles and generators. The symbol “SPLC” is being used by the stock exchange for the shares of Saudi Pak Leasing Company Limited.

Karachi, Fauji Fertilizer Company Limited informed Karachi Stock Exchange about transactions of shares of the company. 15,300 shares @ Rs. 116.86 per share were purchase in the market on January 06, 2016 through stock market. Fauji Fertilizer Company Limited is a public company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, purchasing and marketing of fertilizers and chemicals, including investment in other fertilizer, chemical, other manufacturing, and energy generation and banking operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Rawalpindi and it is domiciled there. Associated companies of the group are FFC Energy Limited, Fauji Fertilizer Bin Qasim Limited, Askari Bank Limited and Al-Hamd Foods Limited. The symbol “FFC” is being used by the stock exchanges for the shares of Fauji Fertilizer Company Limited.

Karachi, Century Insurance Company Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled will be held on January 13, 2016 at Karachi. The agenda of the meeting shall be consideration of amend/alter memorandum of association of the company. Further, the closed period of the company shall be from January 06, to January 13, 2016. Century Insurance Company Limited is a subsidiary of Lakson Group Company. The company was incorporated in Pakistan on October 10, 1985 as a public limited company under the Companies Ordinance, 1984. Its operations commenced from 1989. The company operates in all areas of general insurance business which range from fire, marine, motor, travel, health and accident insurance, savings and retirement planning products to its customers. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The symbol “CENI” is being used by the stock exchange for the shares of Century Insurance Company Limited.

Karachi, MCB-Arif Habib Savings and Investment Limited informed Karachi Stock Exchange about resignation of Mr. Muhammad Saqib Saleem chief executive officer of the company. Mr. Muhammad Asif Mehdi Rizvi has been appointed as new chief financial office...