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Daily Archives: April 14, 2016

Board meeting of Japan Power Generation Limited to be held on April 21, 2016

Karachi, Japan Power Generation Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 21, 2016 at Lahore. 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 14, 2016 to April 21, 2016 (both days inclusive). Japan Power Generation Limited is a public limited company, incorporated on September 29, 1994 under the Companies Ordinance, 1984. The commercial operations of the company commenced from March 14, 2000. The principal business of the company is to generate and supply electric power to WAPDA. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The power plant of the company is also located in Lahore with an installed capacity of 135 MW. The company comprises of 24 diesel power generator sets of 5.65 MW each and is designed for operation using heavy furnace oil while startup and shutdown operations are on high speed diesel oil. The company is pursuing the implementation of steam turbine project to generate electricity by recovering waste heat from exhaust of engines which will reduce fuel loss. The shipment of steam turbine has already reached the plant. The symbol “JPGL” is being used by the stock exchange for the shares of Japan Power Generation Limited.

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Board meeting of Yousaf Weaving Mills Limited to be held on April 21, 2016

Karachi, Yousaf Weaving Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 21, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended Sep 30, 2015. Further, the closed period of the company shall be from April 14, 2016 to April 21, 2016 (both days inclusive). Yousaf Weaving Mills Limited is a company incorporated in Pakistan as a public limited company on January 17, 1988. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is engaging in the business of textile weaving, spinning and sale of processed fabrics, home textile and dairy products. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Chakwal. The symbol “YOUW” is being used by the stock exchange for the shares of Yousaf Weaving Mills Limited.

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Board meeting of Sazgar Engineering Works Limited to be held on April 21, 2016

Karachi, Sazgar Engineering Works Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 21, 2016 at Lahore. 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 14, 2016 to April 21, 2016 (both days inclusive). Sazgar Engineering Works Limited was incorporated on 21st September 1991 as a Private Limited Company. It was later converted into a Public Limited Company on the 21st of November 1994 under the Companies Ordinance of 1984. Sazgar is a premier manufacturer of CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims. The company has manufacturing facilities spread over an estate of 5 Acres based in Pakistan and a Global Dealer Network through which the company exports its products in the international markets. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Lahore. The symbol “SAZEW” is being used by the stock exchanges for the shares of Sazgar Engineering Works Limited.

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Board meeting of Ghandhara Nissan Limited to be held on April 22, 2016

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 22, 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 20, 2016 to April 26, 2016 (both days inclusive). The Ghandhara Nissan Limited (GNL), was incorporated in 1981 as a Private Limited Company having the sale licensee for the distribution of Nissan vehicles in CBU condition in Pakistan, later in 1992 it was converted into a Public Company listed in Karachi Stock Exchange. Ghandhara Nissan has Technical Assistance Agreement with Nissan, Japan and joint Venture Agreement with Nissan Diesel Company, Japan for the progressive Assembly of Passenger Cars, Light Commercial Vehicles and Heavy Duty Vehicles. Ghadhara Nissan’s Car and Truck Plants are located at Port Qasim, Karachi, adjacent to each other. Ghandhara Nissan is a group Company of Bibojee Services (Private) Limited. GHNL’s stock is one such gem that has shot through the roof in roughly the last fourteen months. In just the calendar year 2015 to date, the stock has jumped by 17 percent against a 3 percent rise in benchmark KSE index. In the last 12 months, GHNL’s stock has risen 198 percent as against 29 percent in the benchmark KSE. Ghandhara Nissan is a group company of Bibojee Services (Pvt) Limited, which had about 62 percent stake in GHNL. Incorporated in 1981 as a private limited firm with a licence to distribute Nissan vehicles in CBU condition in Pakistan, the firm went public in 1992. The symbol “GHNL” is being used by the stock exchange for the shares of Ghandhara Nissan Limited.

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Board meeting Standard Chartered Leasing Limited to be held on April 22, 2016

Karachi, Standard Chartered Leasing Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 22, 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 15, 2016 to April 22, 2016 (both days inclusive). Standard Chartered Leasing Limited was established in 1993 and has maintained a market position by catering to the customers leasing and investment needs, through customized solutions which are cost effective and simple. The core business of the company is lease financing with a focus on corporate, small and medium enterprises. It also offers unique investment opportunities to individual and corporate / SME customers through Certificates of Investment, which provide flexible investment options. The company is a subsidiary of Standard Chartered Bank Pakistan Limited which holds 86.45% shares of the company. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The authorized capital of SCLL is Rs. 1 billion with paid up capital of Rs. 978 million. This amply meets the minimum capital requirement of the Securities and Exchange Commission of Pakistan. The symbol “SCLL” is being used by the stock exchanges for the shares of Standard Chartered Leasing Limited.

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