Karachi:GlaxoSmithKline Pakistan Limitedinformed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 27, 2016 at Karachi. The agenda of the meeting will be consideration of the audited financial statement of the company for the year ended December 31, 2015, approving cash dividend, appointing and fixing the remuneration of the auditors. Further, the closed period of the company is from April 20, 2016 to April 27, 2016 (both days inclusive). Glaxo Smith Kline Pakistan Limited is incorporated in Pakistan as a limited liability company. The company is engaged in manufacturing and marketing of research based pharmaceutical and consumer products. The company is a subsidiary of S.R. One International B.V., Netherlands, whereas its ultimate parent company is GlaxoSmithKline Plc, UK. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The company was created on January 1, 2001 through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan Private Limited and GlaxoWellcome Pakistan Limited. Some of the pharmaceutical brands produced by the company include Augmentin, Seretide, Amoxil, Velosef, Zantac and Calpol and renowned consumer healthcare brands, which include Panadol, Horlicks, Aquafresh, Macleans and ENO. The symbol “GLAXO” is being used by the stock exchanges for the shares of GlaxoSmithKline Pakistan Limited.

Karachi: Mari Petroleum Company Limitedinformed Pakistan Stock Exchange that interim dividend warrants in respect First Interim Dividend @ Rs.3 per share, i.e. 30% for year ending June, 2016 have been dispatched to shareholders by registered post on April 05, 2016. Mari Petroleum Company Limited is an exploration and production company operating at Daharki, District Ghotki, Sindh. The field is approximately 96 kilometers North of Sukkur. Esso Eastern Inc. discovered this field in 1957 with the drilling of first well – Mari X-1. The field was brought on production in 1967. The company is also joint venture partner in two exploration blocks (Kohlu&Kalchas) in Balochistan, two exploration blocks (Kohat&Bannu West) in Khyber Pakhtunkhwa, one block (Zindan) in Khyber Pakhtunkhwa / Punjab and one block (Hala) in Sindh. Moreover, the company is also joint venture partner in block 43B with 25% working interest in Oman. The symbol “MARI” is being used by the stock exchanges for the shares of Mari Petroleum Company Limited.

Company offers discounts for customers who order more than two units at a time NEW YORK, April 05, 2016 (GLOBE NEWSWIRE) — Two new cryptocurrency miners from pH Miners Inc. are making it easier for users to process digital transactions and keep track of the release of new digital coins. A photo accompanying this announcement […]

Islamabad, April 06, 2016 (PPI-OT): Prime Minister Muhammad Nawaz Sharif chaired 5th meeting of the National Security Committee of the Cabinet at the Prime Minister’s House this morning. The meeting […]

Islamabad, April 06, 2016 (PPI-OT): Mr. Zhang Chunxian, Member of the Political Bureau of Communist Party of China called on Prime Minister Muhammad Nawaz Sharif at PM House today. Warmly […]

Islamabad, April 06, 2016 (PPI-OT): Dr. Abdullah Mohammad Al-Sheikh, Speaker of Majlis-e-Shura Council of Kingdom of Saudi Arabia, accompanied by a Saudi parliamentary delegation called on Mr. Sartaj Aziz, Adviser […]

Islamabad, April 06, 2016 (PPI-OT): The Islamabad Chamber of Commerce and Industry in collaboration with Collector of Customs, Model Customs Collectorate, Islamabad organized an orientation session for its members/importers. Senior […]