Karachi: Thatta Cement Company Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on February 04, 2016 at Karachi. The agenda of the meeting is to consider half yearly accounts for period ended December 31, 2015. Further, closed period of the company shall be from January 28, 2016 to February 04, 2016. Thatta Cement Company Limited was incorporated in Pakistan in 1980 as a public limited company. It was a wholly owned subsidiary of the State Cement Corporation of Pakistan Private Limited. In the year 2004 the consortium of Mr. Arif Habib and Al-Abbas Group acquired 100% shares of the company from the Privatization Commission and took over its management control. The foundations of the business are laid under the Companies Act, 1913 now Companies Ordinance, 1984. The company is engaged in the business of manufacturing and marketing cement. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The products of the company include ordinary Portland cement, sulphate resistant cement, Portland blast furnace slag cement, ground granulated blast furnace slag. The manufacturing capacity of the company is ISO 9001:2008 certified. The symbol “THCCL” is being used by the stock exchanges for the shares of Thatta Cement Company Limited.

Karachi: Sanofi-Aventis Pakistan Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on February 24, 2016 at Karachi. The agenda of the meeting is to consider annual accounts for period ended December 2015. Further, closed period of the company shall be from February 18, 2016 to February 24, 2016. Sanofi – Aventis Pakistan Limited was incorporated in Pakistan in 1997as a Public Limited Corporation. The foundations of the company have been laid under the Companies Ordnance, 1984. The company is engaged in the manufacturing and sale of pharmaceutical and consumer products. 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 site of the company is organized in four specialized and autonomous business units which aid the company with the manufacturing process. The manufacturing products of the company range from oral solids and liquid dosage forms to highly technical and sophisticated sterile products. The symbol “SAPL” is being used by the stock exchanges for the shares of Sanofi – Aventis Pakistan Limited.

Islamabad, January 28, 2016 (PPI-OT): The Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi, received the Foreign Minister of Maldives, Ms. Dunya Maumoon, at the Ministry of Foreign Affairs today. The Special Assistant extended a warm welcome to the visiting Foreign Minister and her delegation to Pakistan. He stated that Pakistan ...

Karachi, January 28, 2016 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has revised the Fund Stability Rating of NAMCO Income Fund (NIF) from ‘BB(f)’ (Double B(f)) to ‘BB-(f)’ (Double B Minus (f)) The previous rating action was announced on January 06, 2015. With a fund size of Rs. 3.4m at end-1HFY16, NIF continues to remain ...

Karachi, January 28, 2016 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Management Quality Rating of National Asset Management Company Limited (NAMCO) from ‘AM4+’ (AM Four Plus) to ‘AM4- (AM Four Minus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on January 28, 2015. The rating reflects NAMCO’s ...

Islamabad, January 28, 2016 (PPI-OT): The Deputy Speaker, National Assembly Murtaza Javed Abbasi has said that Pakistan and Sweden could cultivate bilateral relations through enhanced parliamentary exchanges and collaborations in education and economic sectors. He was talking to Ambassador of the Kingdom of Sweden, Tomas Rosander who called on him at Parliament House today. The ...

Islamabad, January 28, 2016 (PPI-OT): Federal Minister Planning, Development and Reform Ahsan Iqbal today said, Pakistan’s profile improved enormously in terms of investment destination because of China-Pakistan Economic Corridor (CPEC) coupled with the improved economic indicators and law and order situation across the country. Under Vision-2025, we are restructuring portfolio of our productive sectors on ...