January 14, 2016 - AsiaNet-Pakistan

Archive for January 14th, 2016

میگاپورٹ اور اے ایم ایس-آئی ایکس کی عالمی ایس ڈی این-ممکن الاسٹک انٹرکنکشن اور انٹرنیٹ ایکسچینج سروس کی فراہمی کے لیے شراکت داری

January 14, 2016 | Education, Urdu

شراکت داری دنیا بھر میں ایک زبردست انٹرکنکشن پلیٹ فارم تخلیق کرتی ہے جو ملٹی-کلاؤڈ کنیکٹیوٹی، پیئرنگ اور الاسٹک-اے پی آئی سے چلنے والی گنجائش ترتیب کو ممکن بناتا ہے برسبین، آسٹریلیا 14 جنوری 2016ء/پی آرنیوزوائر– سافٹ ویئر پر منحصر الاسٹک انٹرکنیکٹیوٹی فراہم کرنے والے میگاپورٹ لمیٹڈ (اے ایس ایکس: MP1) (میگاپورٹ) نے آج اعلان […]

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Transaction of 1550 shares of Millat Tractors Limited

January 14, 2016 | General

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1550 shares @ Rs. 500.70 per share were purchased from the market on January 12, 2016 through broker. Millat Tractors Limited is a company incorporated in Pakistan on June 11, 1964 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal activities of the business are manufacturing agricultural tractors and machinery which includes implements and multi-application products. 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 Sheikhupura. The symbol “MTL” is being used by the stock exchanges for the shares of Millat Tractors Limited.

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Appointment of Alternate Director of Pakistan Oilfields Limited

January 14, 2016 | General

Karachi, Pakistan Oilfields Limitedinformed Pakistan Stock Exchange about appointment of Mr. Babar Bashir Nawaz with effect from January 12, 2016 in place of Mr. Mofarrih Saeed H. Alghamdi. Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company acquired 25% shares within National Refinery Limited. This enabled the company in acquiring a refining complex which manufactures fuel products and lube base oils. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Rawalpindi. The operations of the company include exploration and production of oil and gas. It also manufactures LPG, solvent oil and sulphur. The existing brand of the company is named POLGAS and subsidiary brand CAPGAS private limited. The symbol “POL” is being used by the stock exchange for the shares of Pakistan Oilfields Limited.

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Board meeting of Siemens Pakistan Engineering Company Limited to be held on January 27, 2016

January 14, 2016 | Board Meetings

Karachi, Siemens Pakistan Engineering Company Limited informed Pakistan Stock Exchange that board meeting of the company will be held on January 27, 2016. The agenda of the meeting shall be consideration of unaudited financial statements for 1st quarter ended December 31, 2015. Further, the closed period of the company shall be from January 13, to January 29, 2016 (both days inclusive). Siemens Pakistan Engineering Company Limited was founded in 1922 in the Indo-Pak region. In 1953 the company was recognized as a private limited company. In 1963 the company was restructured as a public limited company. The business of the company includes operating in the industry sector, energy sector, health care sector, and infrastructure and cities sector. The head office of the company is located in Karachi whereas the regional offices of the company are in Lahore, Islamabad and Quetta. The representative offices of the company are located in Peshawar and Multan. The core operations of the business include supplying high voltage grid stations, switch gear products and systems, power and distribution transformers and network consultancy. The company is engaged in educating the students about the engineering advancements and for this automated labs have been structured. The recent projects of the company in Pakistan include development of the airfield lighting solution for Pakistan’s first green field project, the Benazir Bhutto International Airport in Islamabad, supply, installation, testing and commissioning of an integrated building management system for Dolmen Mall, Karachi and providing smart grid turnkey automation solutions to the Karachi Electric Supply Company Load Dispatch Center. The symbol “SIEM” is being used by the stock exchange for the shares of Siemens Pakistan Engineering Company Limited.

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Transaction of 1500 shares of Synthetic Products Enterprises Limited

January 14, 2016 | General

Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1500 shares @ Rs. 54.50 per share were sold in the market on January 13, 2016.

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Notice of book closure of Attock Petroleum Limited

January 14, 2016 | General

Karachi, Attock Petroleum Limited informed Pakistan Stock Exchange that no Director, CEO, or executive shall directly / indirectly deal in the share of the company during the closed period. The closed period of the company is from January 15, to January 29, 2016. Attock Petroleum Limited was incorporated in Pakistan as a public limited company on December 3, 1995. The company commenced its operations in 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is procurement, storage and marketing of petroleum and related products. Pharon Investment Group Limited is the holding company and it holds 34.38% of the company. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Rawalpindi. The symbol “APL” is being used by the stock Exchange for the shares of Attock Petroleum Limited.

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Transaction of 10,000 shares of IBL Healthcare Limited

January 14, 2016 | General

Karachi, IBL Healthcare Limited informed Pakistan Stock Exchange about transaction of shares of the company. 10,000 shares @ Rs.118.86 per share were sold in the market on January 11, 2016. The company was incorporated in Pakistan as a private limited company on July 14, 1997. In November 2008 the Company was converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a wholly owned subsidiary of Searle Pakistan Limited. The principal business activities of the company are marketing and selling, distribution of healthcare products. The shares of the company are quoted on the Karachi Stock Exchange. The registered office of the company is located in Karachi. The portfolio of the company includes divided into three distinct categories, namely Nutritional Products, Plasma Protein Components and Hospital Disposables. The company is the major partner of globally recognized multinational organizations having expertise in their respective fields of health care products. The partners of the company include MeadJohnson Nutritionals – USA, Tyco Health Care – USA, Intersurgical – UK, Terumo – Japan and Molnlycke – Sweden. The symbol “IBLHL” is being used by the stock exchanges for the shares of IBL Healthcare Limited.

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Change in Venue for holding annual general meeting of Thal Industries Corporation Limited

January 14, 2016 | General

Karachi, Thal Industries Corporation Limited informed Pakistan Stock Exchange about change in venue for holding annual general meeting of the company on January 30 for year ended September 30, 2015 at Lahore instead of Multan. The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. 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 Multan. The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD. The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.

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Packages Limited agreed renunciation of letter of rights of Tri-Pack films Limited

January 14, 2016 | General

Karachi, Packages Limited informed Pakistan Stock Exchange that Syed Hyder Ali has agreed with Mitsubishi Corporation of Japan for the renouncement by Mitsubishi Corporation in favor of letter of rights of Tri-Pack Films Limited in respect of 200,000 right shares of that company (Tri-pack Films) being issued. These shares are in addition to the rights shares offered by Tri-Pack to me on my existing shareholding in Tri-Pack Films. Mitsubishi Corporation will continue to hold its current shareholding in Tri-Pack Films Limited but will not subscribe the rights shares offered to it. However, it has agreed to renounce the letters of rights in respect of such rights shares as to 2,000,000 shares in favor of IGI Insurance and 200,000 shares in favor of Syed Hyder Ali, a Director of IGI Insurance and of Tri-Pack Films Limited. Packages Limited is a public limited company incorporated in Pakistan. The company is principally engaged in the manufacture and sale of paper, paperboard, packaging materials and tissue products. 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. On September 17, 2012 the company has entered into a 50/50 joint venture with the ‘Stora Enso OYJ Group’ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging Private Limited. The Joint Venture will include Paper & Paperboard and Corrugated business operations at Kasur and Karachi and will involve initial equity participation of Stora Enso of 35% by way of subscription of right shares with a commitment to increase the shareholding to 50% at a later stage subject to certain conditions being met. The company also decided to close down its Paper and Paperboard operations in Lahore which has divided the business into continuing and discontinued operations. The symbol “PKGS” is being used by the stock exchanges for the shares of Packages Limited.

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Board meeting of Kohinoor Textile Mills Limited to be held on January 21, 2016

January 14, 2016 | Board Meetings

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange that board meeting of the company will be held on January 21, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December …

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Board meeting of Mirza Sugar Mills Limited to be held on January 21, 2016

January 14, 2016 | Board Meetings

Karachi, Mirza Sugar Mills Limited informed Pakistan Stock Exchange that board meeting of the company will be held on January 21, 2016 at Karachi. The agenda of the meeting shall be consideration of 1stquarterly accounts for the period ended December 3…

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Transaction of 6,220 shares of Otsuka Pakistan Limited

January 14, 2016 | General

Karachi, Otsuka Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. Mrs. Shama Nazim Feroz wife of Mr. Nazimuddin Feroz, Director of the company has acquired privately 6,220 shares @ Rs. 81.00 per share on January 13, 2016. Otsuka Pakistan Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is an indirect subsidiary of Otsuka Pharmaceutical Company Limited, Japan. The principal activity of the company is manufacturing, marketing and distribution of intravenous infusions and trading in pharmaceutical products, nutritional foods and medical equipment. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office and the company is located at Karachi. The symbol “OTSU” is being used by the stock exchange for the shares of Otsuka Pakistan Limited.

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