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...

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.

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...

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.

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.

Karachi, Chakwal Spinning Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held on January 10, 2016. The agenda of the meeting was discussion of profit and loss account for period end...

Karachi, PICIC Insurance Limited informed Karachi Stock Exchange that board meeting of the company will be held on January 12, 2016 at Karachi. The agenda of the meeting is to consider position of the right shares issue. Further, the closed period of the company shall be from January 11, to January 12, 2016(both days inclusive). PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.