January 13, 2016 - AsiaNet-Pakistan

Archive for January 13th, 2016

37 واں چین بین الاقوامی فرنیچر میلہ (گوانگ چو) دو نمائشی مراکز میں ہوگا

January 13, 2016 | General, Urdu

گوانگ چو، چین، 12 جنوری 2016ء/پی آرنیوزوائر– چائنا انٹرنیشنل فرنیچر فیئر(سی آئی ایف ایف) یعنی بین الاقوامی فرنیچر میلہ رواں سال مضبوطی کے ساتھ واپس آئے گا؛ سی آئی ایفایف (گوانگ چو) نے اعلان کیا ہے کہ 18 سے 21 اور 28 سے 31 مارچ 2016ء تک اپنی آئندہ نمائش کے لیے چائنا امپورٹ اینڈ […]

Read More

Trading in the unpaid rights of Shifa International Hospitals Limited

January 13, 2016 | General

Karachi, Pakistan Stock Exchange informed that has approved the schedule of right shares of Shifa International Hospitals Limited on January 08, 2016. The trading in the unpaid rights of the company w.e.f on January 15, 2016. The first settlement date …

Read More

Transaction of shares of IGI Insurance Limited

January 13, 2016 | General

Karachi, IGI Insurance Limited informed Pakistan Stock Exchange about transaction of shares of the company. 2,900 shares @ Rs. 235.0000 per share were bought from the market on January 11, 2016. IGI Insurance Limited a Packages Group Company, was incorporated in Pakistan as a public limited company in 1953 under Companies Ordinance, 1984. The insurance company is engaged in providing general insurance services in spheres of Fire, Marine, Motor, Health and Miscellaneous. 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 company is currently engaged in the process of acquisition of American Life Insurance Company for the acquisition of ownership interest of 40,986,690 ordinary shares representing approximately 81.97% of the total issued, subscribed and paid up capital shares of the company. The associated companies of the group includes packages limited, nestle Pakistan Limited, Sanofi-Aventis, Tri-Pack Films Limited, Treet Corporation Limited, Siemens Pakistan Engineering Company Limited, Coca-Cola Beverages Pakistan Limited, Mitchell’s Fruit Farms Limited, Zulfeqar Industries Limited, Loads Limited, IGI Investment Bank Limited and IGI Securities Limited. The symbol “IGIIL” is being used by the stock exchanges for the shares of IGI Insurance Limited.

Read More

Appointment of interim chief executive of Abbott Laboratories Pakistan Limited

January 13, 2016 | General

Karachi, Abbott Laboratories Pakistan Limited informed Pakistan Stock Exchange about appointment of Mr. Syed Anis Ahmed as Chief Executive Officer in place of Mr. Arshad Saeed Husain with effect from January 13, 2016 for a period of 3 months. Abbott Laboratories Limited is a public limited company. It was incorporated in Pakistan on July 2, 1948. Abbott started operations in Pakistan as a marketing affiliate in 1948. The company is engaged in the manufacturing, importing and marketing of research based pharmaceutical, nutritional, diagnostic, diabetic care, molecular devices, and hospital and consumer products. The company also provides toll manufacturing services. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is located in Karachi. Abbott Pakistan is part of the global healthcare corporation of Abbott Laboratories, Chicago, USA. It has over 70,000 employees worldwide and a global presence in more than 130 countries. It has a work force of over 1500 employees. Besides this the company has two manufacturing facilities located at Landhi and Korangi in Karachi. The symbol “ABOT” is being used by the stock exchanges for the shares of Abbott Laboratories Limited.

Read More

Appointment of Alternate Director of Attock Refinery Limited

January 13, 2016 | General

Karachi, Attock Refinery Limited informed Pakistan Stock Exchange about appointment of Mr. Babar Bashir Nawaz as Alternate Director to Mr. Mofarrih Saeed H. Alghamdi w.e.f. 12th January, 2016. Attock Refinery Limited was incorporated in Pakistan on November 8, 1978 as a private limited company and was converted into a public company on June 26, 1979. It is subsidiary of the Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. The company is principally engaged in business of refining the crude oil. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The company is also registered with Central Depository Company of Pakistan Limited. Its registered office is situated at Rawalpindi. The crude oil refining operations of the company date back to 1922 which amounts to more than 90 years of vast experience for the company. Several up gradation processes are in progress for the company which shall be completed by September 2015. The company is ISO 9001, ISO 14001, ISO/IEC 17025; OHSAS 18001 certified and is implementing ISO 50001 Energy Management System. The symbol “ATRL” is being used by the stock exchanges for the shares of Attock Refinery Limited.

Read More

Appointment of Director of Nishat Chunian Limited

January 13, 2016 | General

Karachi, Nishat Chunian Limited informed Pakistan Stock Exchange about appointment of Mr. Zain Shahzad as Director in place of Mr. Yahya Saleem with effect from December 31, 2015. Nishat Chunian Limited is a company incorporated in Pakistan. The foundations of the company were laid in 1990 under the Companies Ordinance, 1984. The company is engaged in business of spinning, weaving, dyeing, printing, stitching, processing, doubling, sizing, buying, selling and otherwise dealing in yarn, fabrics and made-ups made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The company operates with 210,000 spindles and 293 air jet looms with a monthly production capacity of 7.5 million lbs of yarn and 4.0 million yards of greige fabric. The dyeing & finishing unit has a capacity of 3.5 million yards per month supported by an equivalent stitching capacity. The company is GOTS certified for the production of 100% Organic yarns, fabrics and finished made-ups, Oeko-Tex certified, Cotton USA certified, Sedex Certified, Lycra Accredited, Supima Licensee, ISO 9001:2008 certified, BSCI , JC Penney, Kohl’s and CT-PAT compliant. NCL is an active member of All Pakistan Textile Mills Association, Lahore Chamber of Commerce and Industry and All Pakistan Bedsheets and Upholstery Manufacturers Association. The symbol “NCL” is being used by the stock exchanges for the shares of Nishat Chunian Limited.

Read More

Change of website address and annual general meeting of Imperial Sugar Limited

January 13, 2016 | General

Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange about change in website address i.e. www.imperialsugars.com and that the annual general meeting will be held on January 30, 2016 at Lahore.
The agenda of the meeting will be consideration…

Read More

Transaction of 5500 shares of Ishaq Textile Mills Limited

January 13, 2016 | General

Karachi, Ishaq Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5500 shares @ Rs. 8.90 per share were purchased from the market on January 11, 2016.

Read More

Board meeting of Standard Chartered Leasing Limited to be held on January 21, 2016

January 13, 2016 | Board Meetings

Karachi, Standard Chartered Leasing Limited informed Pakistan Stock Exchange about the board meeting of the company scheduled will be held January 21, 2016 at Karachi. The agenda of the meeting shall be consider and approve scheme of amalgamation of the company with ORIX Leasing Pakistan Limited and approval of cash price/share swap ratio for the company minority shareholders. Further, the closed period of the company shall be from January 14, to January 21, 2016(both days inclusive). Standard Chartered Leasing Limited was established in 1993 and has maintained a market position by catering to the customers leasing and investment needs, through customized solutions which are cost effective and simple. The core business of the company is lease financing with a focus on corporate, small and medium enterprises. It also offers unique investment opportunities to individual and corporate / SME customers through Certificates of Investment, which provide flexible investment options. The company is a subsidiary of Standard Chartered Bank Pakistan Limited which holds 86.45% shares of the company. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The authorized capital of SCLL is Rs. 1 billion with paid up capital of Rs. 978 million. This amply meets the minimum capital requirement of the Securities and Exchange Commission of Pakistan. The symbol “SCLL” is being used by the stock exchanges for the shares of Standard Chartered Leasing Limited.

Read More

Board meeting of Sui Southern Gas Company Limited to be held on January 16, 2016

January 13, 2016 | Board Meetings

Karachi, Sui Southern Gas Company Limited informed Pakistan Stock Exchange that the board meeting which was schedule to be held on January 16, 2016 has been postponed. New dates of the close period will be intimated accordingly. Sui Southern Gas Company is an integrated gas company operating in Pakistan. The company is engaged in the business of transmission and distribution of natural gas besides construction of high pressure transmission and low pressure distribution systems. The company’s transmission system extends from Sui in Balochistan to Karachi in Sindh comprising over 3,220 KM of high pressure pipeline ranging from 12 – 24″ in diameter. The distribution activities covering over 1200 towns in Sindh and Balochistan are organized through the regional offices of the company. The company also owns and operates gas meter manufacturing plant in the country which has an annual production capacity of over 750,000 meters. The Government owns the majority of the shares which is presently over 70%. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “SSGC” is being used by the stock exchanges for the shares of Sui Southern Gas Company.

Read More

Board meeting of Lotte Chemical Pakistan Limited to be held on January 22, 2016

January 13, 2016 | Board Meetings

Karachi, Lotte Chemical Pakistan Limited informed Pakistan Stock Exchange that board meeting of the company will be held on January 22, 2016 at Karachi.The agenda of the meeting shall be consideration of audited financial statements for the year ended December 31, 2015. Further, the closed period of the company shall be from January 14, January 22, 2016 (both days inclusive). Lotte Chemical Pakistan Limited formerly Lotte Pakistan PTA Limited is incorporated in Pakistan. The company is engaged in the manufacture and sale of Pure Terephthalic Acid an essential raw material used in the polyester industry. The company is also engaged in manufacturing Polyester Staple Fibre, Filament Yarn and PET resin. The production capacity of the plant is around 500,000 tons per annum. It is a subsidiary of Lotte Chemical Corporation and the ultimate parent company is South Korean conglomerate Lotte. 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 at Karachi. The symbol “LOTCHEM” is being used by the stock exchanges for the shares of Lotte Chemicals Pakistan Limited.

Read More

Board meeting of Maple Leaf Cement Factory Limited will be held on January 20, 2016

January 13, 2016 | Board Meetings

Karachi, Maple Leaf Cement Factory Limited informed Pakistan Stock Exchange about the board meeting of the company scheduled will be held on January 20, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2015. Further, the closed period of the company shall be from January 13, to January 20, 2016. Maple Leaf Cement Factory Limited was incorporated in Pakistan on April 13, 1960 as a public company limited. The foundations of the company are laid under the Companies Ordinance, 1984 by shares. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The principal activity of the company is production and sale of cement. It is a subsidiary of Kohinoor Textile Mills Limited. The registered office of the company is located at Lahore. The cement factory is located at District Mianwali in the province of Punjab. The products of Maple Leaf Cement factory are Ordinary Portland Cement with a capacity of 11,700 tons per day and White Cement with a present capacity of 500 tons per day. The company has developed a niche market for specialized cement such as sulphate resistant cement, low alkali cement and oil well cement. It is the only local cement manufacturer producing oil well cement. The symbol “MLCF” is being used by the stock exchanges for the shares of Maple Leaf Cement Factory Limited.

Read More