January 11, 2016 - AsiaNet-Pakistan

Archive for January 11th, 2016

Macrogen Deploys Multiple DRAGEN Processors from Edico Genome to Speed its Large-Scale Genome Analysis and Clinical Sequencing Service

January 11, 2016 |

SEOUL, South Korea and SAN DIEGO, Jan. 11, 2016 /PRNewswire — Macrogen, a global leader in genome sequencing services, and Edico Genome today announced Macrogen has chosen multiple DRAGEN™ Bio-IT Processors to reinforce its big data processing and analysis capacity for large-scale genome analysis and clinical sequencing services. Macrogen has world-class next-generation sequencing (NGS) facilities, which are […]

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Shifting from defaulter segment to normal counter of M/s Amtex Limited

January 11, 2016 |

Karachi, Karachi Stock Exchange informed that M/s Amtex Limited has rectified the default and therefore its name shall be shifted to the normal counter of the Exchange with effect from January 12, 2016.

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Annual general meeting of Chakwal Spinning Mills Limited will be held on January 31, 2016

January 11, 2016 |

Karachi, Chakwal Spinning Mills Limited informed Karachi Stock Exchange that annual general meeting of the company will be held on January 31, 2016 at Lahore.
The agenda of the meeting will be confirming the minutes of general meeting held on October 3…

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Annual general meeting of Kohinoor Spinning Mills Limited to be held on January 31, 2016

January 11, 2016 |

Karachi, Kohinoor Spinning Mills Limited informed Karachi Stock Exchange that annual general meeting of the company is scheduled to be held on January 31, 2016 at Lahore.
The agenda of the meeting will be confirming the minutes of general meeting held …

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Election of Chairman and appointment of chief executive officer of Netsol Technologies Limited

January 11, 2016 |

Karachi, Netsol Technologies Limitedinformed Karachi Stock Exchange that Mr. Shahab-ud-Din Ghauri has been re-elected as chairman and Mr. Salim ullah Ghauri has been re-appointed as chief executive officer with effect from January 14, 2016.
NetSol Tech…

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Transaction of shares of Ishaq Textile Mills Limited

January 11, 2016 |

Karachi, Ishaq Textile Mills Limited informed Karachi Stock Exchange about transaction of shares of the company. 3500 shares @ Rs. 9.20 per share were purchased from the market on January 05, 2016, 1500 share @ Rs. 9.10 per share were purchased from th…

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Material information of Hira Textile Mills

January 11, 2016 |

Karachi: Hira Textile Mills informed Karachi Stock Exchange that the company is thankful for pointing out some discrepancies in communicating the said information. The company in future will be more careful in reporting the above information. 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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Collection of amount of capital gain tax for the period December 01, to December 31, 2015

January 11, 2016 |

Karachi, National clearing Company of Pakistan limited informed that the aggregate amount of capital gain tax for the period December 01, to December 31, 2015 would be collected on January 19, 2016 through respective banks of the clearing members along…

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Board meeting of Pakistan International Container Terminal Limited

January 11, 2016 |

Karachi, Pakistan International Container Terminal Limited informed Karachi Stock Exchange that board meeting of the company will be held on January 27, 2016 at Karachi. The agenda of the meeting shall be consideration of annual accounts for the year ended December 31, 2015. Further, the closed period of the company shall be from January 11, to January 27, 2016 (both days inclusive). Pakistan International Container Terminal Limited was incorporated in Pakistan as a private limited company in June, 2002 and was later converted to an unquoted public limited company listed on the Karachi Stock Exchange on October 15, 2003. The foundations of the company are formed under the Companies Ordinance, 1984. The company has a Build Operate Transfer contract with Karachi Port Trust for the exclusive construction, development, operations and management of a common user container terminal at Karachi Port for a period of twenty-one years commencing June 18, 2002. The registered office of the company is located in Karachi. The International Container Terminal Services Incorporation a company situated in Manila, Philippines, holds directly and indirectly 64.53 percent shareholding of the company and acts as the ultimate parent company. The services of the company include online tracking, online billing and vessel schedule etc. The symbol “PICT” is being used by the stock exchanges for the shares of Pakistan International Container Terminal.

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Board meeting of Globe Textile Mills Limited

January 11, 2016 |

Karachi, Globe Textile Mills Limited informed Karachi Stock Exchange that board meeting of the company will be held on January 16, 2016 at Karachi. The agenda of the meeting shall be consideration of audited annual accounts for the period ended June 30…

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Board meeting of International Steels Limited

January 11, 2016 |

Karachi, International Steels Limited informed Karachi Stock Exchange that board meeting of the company will be held on January 25, 2016. The agenda of the meeting shall be consideration of half year unaudited financial statements for period ended December 31, 2015. Further, the closed period of the company shall be from January 11, to January 25, 2016. International Steels Limited was incorporated on 3 September 2007 as a public unlisted company limited by the International Industries Limited. The foundations of the company are developed under the Companies Ordinance, 1984. The primary activities of the Company are business of manufacturing of cold rolled steel coils and galvanized sheets. The production capacity of the company is 250,000 tons per annum of cold rolled coils from which 150,000 tons is Hot Dipped Galvanized Steel. The commercial operations of the project initiated in January 1, 2011. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The equity contributions of the company come from Sumitomo Corporation and International Finance Corporation which has develop the country’s engineering and hi-tech manufacturing industries. The group organizations of the company include International Steel Limited, Pakistan Cables Limited and International Industries Limited. The company has an Effluent Treatment Plant and an 18MW gas fired power plant. The power plant has started production and supplying to the KESC. The symbol “ISL” is being used by the stock exchange for the shares of International Steel Limited.

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Board meeting of Universal insurance Company Limited

January 11, 2016 |

Karachi, Universal insurance Company Limited informed Karachi Stock Exchange that board meeting of the company will be held on January 16, 2016. The agenda of the meeting shall be filling the casual vacancy in the board of directors of the company. Further, the closed period of the company shall be from January 11, to January 18, 2016. Universal Insurance Company Limited is a public limited company incorporated in Pakistan on May 9, 1958. The foundations of the company rely on the Companies Act, 1913 now referred to as Companies Ordinance, 1984. It is engaged in the business of non-life insurance business. The services of the company includes motor insurance, marine insurance, fire insurance, miscellaneous insurance, travel insurance and claim settlement procedures. The registered office of the company is located in Lahore. The stocks of the company are quoted on Karachi and Lahore Stock Exchange of Pakistan. The company is a part of the Bibojee Group of Companies. The operations of the company started in 1960. The reinsurers of the company are Hanover Reinsurance Company of West Germany, Somitomo Marine and Fire Insurance Company of Japan, Korean Reinsurance Company of Korea and J.B Boda& company broker of Singapore. This clientage of the company includes Textile/Spinning Mills, Flour Mills, Sports and Surgical Manufacturers, Garment Factories, Sugar Mills, Ghee Industries and various other industrial projects the number of which runs over fifteen thousand. The company is also on the approved panel of all the local and foreign Banks/Financial Institutions/Leasing Companies and Modarabas etc. The symbol “UVIC” is being used by the stock exchange for the shares of Universal Insurance Company Limited.

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