Islamabad, May 05, 2016 (PPI-OT):ANF in 12 operations seized 2.086 Ton of Drugs worth Rs 2.99 billion in International Market. The seized drugs comprised 1 Ton Amphetamine, 1.081 Ton Hashish, […]

Karachi, Apna Microfinance Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company is in progress as per schedule on May 05 at Lahore. The results of the meeting shall be conveyed on next working day. Apna Microfinance Bank Limited was incorporated in Pakistan on May 8, 2003 as a public limited company. The commencement certificate of the company was issued in December 28, 2004. The operations of the business started from January 1, 2005. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The principal business activity of the bank is to provide microfinance services to the poor and underserved segment of the society as envisaged under the Microfinance Institutions Ordinance, 2001. The registered office of the company is located in Karachi. The shares of the company are quoted on Karachi Stock Exchange of Pakistan. The Bank operates 11 branches as at June 30, 2013 and is licensed to operate on district level. The products of the bank include providing finances, advances and other credit facilities for the development of the society. Through this the savings are mobilized and other specialized deposit products are also improved with time. The symbol “AMBL” is being used by the stock exchanges for the shares of Apna Microfinance Bank Limited.

Srinagar, May 05, 2016 (PPI-OT):In occupied Kashmir, the All Parties Hurriyet Conference has said that Indian government and its policymakers are playing a dangerous game of dividing the territory on […]

Srinagar, May 05, 2016 (PPI-OT):In occupied Kashmir, the Jammu and Kashmir Muslim Political League (JKMPL) has expressed serious concern over the grave human rights violations by Indian troops in the […]

Srinagar, May 05, 2016 (PPI-OT):In occupied Kashmir, APHC General Secretary and the Chairman of Jammu and Democratic Freedom Party (DFP), Shabbir Ahmad Shah, went to New Delhi, today, for further […]

Srinagar, May 05, 2016 (PPI-OT):In occupied Kashmir, the All Parties Hurriyet Conference (APHC) has condemned the slapping of draconian Public Safety Act (PSA) on Tehreek-e-Hurriyet Jammu and Kashmir leaders, Ameer […]

Karachi, Pakcem Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Islamabad on May 04, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended March 31, 2016 which portrayed a profit of Rs. 1,510,321,280 and Rs. 553,322,682 with earnings per share 1.04 and 0.38 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pakcem Limited (formerly Lafarge Pakistan) is a subsidiary of Bestway Cement Limited (part of Bestway Group UK), the largest cement manufacturer in Pakistan. The company’s principal activity is manufacturing and sale of cement, and its product portfolio includes Ordinary Portland Cement (PAKCEM), high quality cement (Stallion) and tile bond (Xtreme Bond). Our state-of-the-art plant is located at Kallar Kahar, District Chakwal in the province of Punjab with an annual cement production capacity of 2.4 million tonnes. Together with Pakcem, Bestway Cement boasts a total capacity of more than 8 million tonnes, representing 18% of the entire industry’s capacity in the country. The symbol “PAKCEM” is being used by the stock exchanges for the shares Pakcem Limited.