Karachi, First Paramount Modaraba informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on April 20, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of annual general meeting held on October 30, 2015 and to consider and approve the amendments in the prospectus of First Paramount Modaraba. Further, the closed period of the company is from April 14, 2016 to April 20, 2016 (both days inclusive). First Paramount Modaraba is a multi-purpose, perpetual and multi-dimensional Modaraba floated under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the rules framed there under. It is managed by Paramount Investments Limited, a company incorporated in Pakistan. Modaraba’s principal activities includes deployment of funds on murabaha and musharika arrangements and its In-house ventures are Generator rental and sale project under the name “Advance Trading Corporation”, Weaving business under the name of “FPM Weaving” and Electrical maintenance and troubleshooting services’ business under the name of “FPM Solutions”. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The symbol “FPRM” is being used by the stock exchange for the shares of First Paramount Modaraba.

Karachi, Agriauto Industries Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on April 25, 2016 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended March 31, 2016. Further, the closed period of the company shall be from April 05, 2016 to April 25, 2016 (both days inclusive). Agriauto Industries Limited is a company incorporated in Pakistan on June 25, 1981 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture and sale of components for automotive vehicles, motor cycles and agricultural tractors. The stocks of the company are listed on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is located at Karachi. Quality control is maintained at all stages of manufacturing. The company follows international standards i.e. B.S.S., S.A.E, ASTM, JIS, ISO & TS-16949, as the basis of quality control program. Agriauto is a part of the prestigious House of Habib Group. The symbol “AGIL” is being used by the stock exchanges for the shares of Agriauto Industries Limited.

Karachi, March 31, 2016 (PPI-OT):Arshad Aziz, Acting Chairman (South Zone) Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) in a statement he has strongly criticized and condemned the recent exorbitant increase in the shares of contribution by EOBI. It is injustice that the EOBI has suddenly increased the EOBI shares of contribution with effect from ...

Lahore, March 31, 2016 (PPI-OT):Gree – Most popular and leading brand of air-conditioners in Pakistan, has introduced high energy-efficient smart-inverter Air-conditioning technology that saves 60 percent of the energy, compared with the regular ACs It promises an Energy Efficiency Ratio of 4.0 (E.E.R). Gree products are distributed in Pakistan by DWP Group. Gree has recently ...

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained asset manager rating of ‘AM3’ (AM Three) of AKD Investment Management Limited (AKDIML). The rating reflects that the company meets good investment management standards and benchmarks. The rating captures the company’s adequately structured investment process, reasonably experienced management team, and improving operating platform. ...

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Habib Asset Management Limited (HAML) at “AM3” (AM Three). The rating reflects that the company meets good investment management standards and benchmarks. The rating captures the company’s experienced management, adequately structured Investment process and reasonable fund slate. The ...

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Lakson Investments Limited (LI) at “AM2-” (AM Two Minus) . The rating reflects the company’s high investment management industry standards and benchmarks with noted strengths in several of the rating factors. The rating captures LI’s strategy of building ...