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Daily Archives: February 9, 2016

Board meeting of Meezan Islamic Fund will be held on February 25, 2016

Karachi: Meezan Islamic Fund informed Karachi Stock Exchange that board meeting of the company will be held on February 25, 2016 at Karachi. The agenda of the meeting shall be consideration of half yearly / Quarterlyaccounts for period ended December 31, 2015 for the funds i.e. Meezan Islamic Fund, Al Meezan Mutual Fund, KSE Meezan Index Fund, Meezan Balanced Fund, Meezan Islamic Income Fund, Meezan Cash Fund, Meezan Sovereign Fund, Meezan Capital Preservation Fund II, Meezan Capital Preservation Fund III, Meezan Financial Planning Funds of Funds, Meezan Gold Fund. Further, the closed period of the company shall be from February 18, 2016 to February 25, 2016. Meezan Bank Limited was incorporated in Pakistan on January 27, 1997, as a public limited company under the Companies Ordinance, 1984. The bank carried on the business of investment banking from July 13, 1987 and was registered as an ‘Investment Finance Company’ on August 8, 1997 in accordance and in conformity with the principles of Islamic Shariah. Certificate of Commencement of Business was issued to the Bank on September 29, 1997. The bank commenced operations as a Scheduled Islamic Commercial Bank from March 20, 2002. The stocks of the bank are quoted on the Karachi Stock Exchange of Pakistan. Its registered office is located at Karachi. The bank is engaged in corporate, commercial, consumer, investment and retail banking activities. The bank was operating through three hundred and ten branches as at December 31, 2012. The symbol “MEBL” is being used by the stock exchanges for the shares of Meezan Bank Limited.

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Board meeting of Nestle Pakistan Limited to be held on February 16, 2016

Karachi: Nestle Pakistan Limited informed Pakistan Stock Exchange that board meeting of the company will be held on February 16, 2016 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended December 31, 2015. Further, the closed period of the company shall be from February 10, 2016 to February 16, 2016. Nestle Pakistan Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, processing and sale of food products. This includes imported products dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is situated in Lahore. The company owns brands in the category of ambient dairy, chilled dairy, beverages, bottled water, culinary and food, baby food, breakfast cereals and confectionary. The symbol “PAKT” is being used by the stock exchange for the shares of Pakistan Tobacco Company Limited.

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Financial results of National Refinery Limited for the period ended February 9, 2016

Karachi: National Refinery Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Beirut, Lebanonon February 9, 2016. The agenda of the meeting was discussion of un-audited interim profit and loss account for the quarter ended December 31, 2015 which portrayed a profit of Rs. 2,478,165 and earnings per share 30.99 basic and diluted and for half yearly ended December 31, 2015 portrayed a profit of Rs. 2,884,283 and earnings per share 36.07basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. National Refinery Limited is a company incorporated in Pakistan on August 19, 1963 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing, production and sale of large range of petroleum products. The refinery complex of the company comprises of three refineries consisting of two lube refineries, commissioned in 1966 and 1985, and a fuel refinery added to the complex in 1977. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges in Pakistan. The registered office of the company is located at Karachi. The symbol “NRL” is being used by the stock exchanges for the shares of National Refinery Limited.

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Board meeting of Altern Energy Limited will be held on February 15, 2016

Karachi: Altern Energy Limited informed Karachi Stock Exchange that board meeting of the company will to be held on February 15, 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 February 08, 2016 to February 15, 2016. Altern Energy Limited is a company incorporated in Pakistan on January 17, 1995. The foundations of the company are laid under the Companies Ordinance, 1984. The commercial operations of the company commenced with effect from June 6, 2001. The principal objective of the company is to generate and supply electric power to water and Power Development Authority of Pakistan from its thermal power plant having a gross capacity of 32 Mega Watt. The stocks of the company are quoted on the Karachi stock Exchange of Pakistan. The registered office of the company is located in Lahore. The symbol “ALTN” is being used by the stock exchanges for the shares of Altern Energy Limited.

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Board meeting of Murree Brewery Company Limited will be held on February 25, 2016

Karachi: Murree Brewery Company Limited informed Karachi Stock Exchange that board meeting of the company will be held on February 25, 2016 at Rawalpindi. The agenda of the meeting shall be consideration of Quarterly / half yearly accounts for the period ended December 31, 2015. Further, the closed period of the company shall be from February 18, 2016 to February 25, 2016. Muree Brewery Company Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was categorized as a public limited company in February, 1861. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is situated in Rawalpindi. The company is principally engaged in the manufacturing of Pakistan Made foreign Liquor, Alcoholic Beer, Non-Alcoholic Beer, Non-Alchoholic products which include juices in tetra packs in Rawalpindi and food, products, juices, mineral water, glass bottles and Jars in Hattar. The product distribution of the company comprises of three divisions namely Liquor Division, Tops Division and Glass Division to carry out principle activities of the business. The symbol “MUREB” is being used by the stock exchanges for the shares of Murree Brewery Company Limited.

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