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Daily Archives: May 3, 2016

Schedule for handling Unpaid Rights Of Askari General Insurance Company Limited

Karachi, Pakistan Stock Exchange informed about Schedule for handling Unpaid Rights of the Askari General Insurance Company Limited through CDS. Askari General Insurance Company Limited is a company incorporated in Pakistan on April 12, 1995 as a public limited company. The commercial operations of the company commenced from October 15, 1995. The foundations of the company are laid under the fundamentals of the Companies Ordinance, 1984. The company is engaged in the business of non-life insurance business comprising of fire, marine, motor, accident, health and miscellaneous. The insurance company has around 19 branches located across Pakistan. 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 at Rawalpindi. The company is sponsored by the Army Welfare Trust which is itself engaged in the business of finance, banking and production of consumer goods and service. The company apart from traditional coverage offers specialized coverage for various engineering risks. The symbol “AGIC” is being used by the stock exchanges for the shares of Askari General Insurance Company Limited.

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Board meeting of Safa Textiles Limited to be held on May 06, 2016

Karachi, Safa Textiles Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 06, 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 29, 2016 to May 06, 2016. Safa Textiles Limited is a company incorporated in Pakistan as a private limited liability company on November 08, 1984. It was subsequently converted into a public limited company on April 01, 1992. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing and export of readymade garments. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “SFAT” is being used by the stock exchange for the shares of Safa Textiles Limited.

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Board meeting of Service Fabrics Limited to be held on May 11, 2016

Karachi, Service Fabrics Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 11, 2016 at Lahore. The agenda of the meeting shall be consideration of amendment in the Memorandum of Association and Articles of Association of the company. Further, the closed period of the company shall be from May 04, 2016 to May 11, 2016. Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI). The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.

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