Islamabad, February 24, 2016 (PPI-OT):The global head of Acumen Fund, Ms. Jacqueline Novogratz, paid a visit to Ms. Maryam Nawaz at the Prime Minister House this afternoon. Ms. Novogratz deeply […]

Karachi: Shadman Cotton Mills Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on February 29, 2016 at Lahore. The agenda of the meeting is to consider half yearly accounts for period ended December 2015. Further, the closed period of the company shall be from February 23, 2016 to February 29, 2016. Shadman Cotton Mills Limited is a company incorporated in Pakistan in 1979. It is a producer and seller of quality ring spun yarns. It has more than 56,000 spindles for high quality yarn manufacturing. The company offers a variety of ring spun yarns with a range of natural and man-made fibres. The spinning mills of the company are located in Sheikhupura, Pakistan. The offices of the company are located in Lahore. The shares of the company are quoted on Karachi Stock Exchange of Pakistan. The registered office of the company is located at Lahore. The symbol “SHCM” is being used by the stock exchange for the shares of Shadman Cotton Mills Limited.

Karachi: Buxly Paints Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on February 23, 2016. The agenda of meeting was discussion of profit and loss accounts for half year ended December 31, 2015, which portrayed a profit of Rs. 1,231 and earnings per share 0.85 basic and diluted. Secondly, the meeting discussed profit and loss accounts for quarter ended December 31, 2015, and portrayed a profit of Rs. 440 and earnings per share 0.31 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. The company was incorporated in Pakistan as a private limited company in April, 1954 as a private limited company and was later converted to a public limited company in May, 1985. The principal activity of the company is manufacturing and sale of paints, pigments, protective surface quoting, varnishes and other related products under a toll manufacturing agreement with Berger Paints Pakistan Limited dated January 6, 2003 at a specified toll manufacturing fees. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The symbol “BUXL” is being used by the stock exchanges for the shares of Buxly Paints Limited.

Islamabad, February 24, 2016 (PPI-OT):I have received with great sorrow the sad news of Tara Air crash at Dana, district Myagadi, in which many precious lives have been lost. On […]

Islamabad, February 24, 2016 (PPI-OT):President Mamnoon Hussain has expressed profound grief and sorrow over the sad demise of former Federal Minister Nisar Mohammad Khan. In his condolence message, the President […]

Islamabad, February 24, 2016 (PPI-OT):President Mamnoon Hussain congratulated Islamabad United on winning the inaugural Pakistan Super League. The President noted with appreciation that all the teams in Pakistan Super League […]

Islamabad, February 24, 2016 (PPI-OT):A meeting regarding ‘Prime Minister’s Mark-up free Financing for Solar Tube-wells Scheme in the Country’, announced under Kissan Package, was held in the Ministry of NFS […]