Daily Archives: January 13, 2016

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

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 […]

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Transaction of shares of IGI Insurance Limited

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.

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Appointment of interim chief executive of Abbott Laboratories Pakistan Limited

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.

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Appointment of Alternate Director of Attock Refinery Limited

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.

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Appointment of Director of Nishat Chunian Limited

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.

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