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Daily Archives: May 6, 2016

Dispatch of Final dividend warrants of Habib Insurance Company Limited

Karachi: Habib Insurance Company Limited informed Pakistan Stock Exchange that dividend warrants in respect of final dividend @ Rs. 1.75 per share, i.e. 35% for year ending December, 2015 have been dispatched to the shareholders by registered post or through courier service on April 27, 2016. Habib Insurance Company Limited was incorporated in Pakistan as a public limited company in the year 1942. The foundations of the company have been laid using the Companies Act, 1913 now referred to as the Companies Ordinance, 1984. The company is engaged in the business of general insurance. The registered office of the company is located in Karachi. The stocks are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The services offered by the company in the form of products include fire, marine, engineering and miscellaneous products. Atmospheric disturbance, malicious damage, personal accidents and health insurance are also the risk covered by the company. The associate companies of HICL include AL Habib Capital Markets Private Limited, AL Habib Financial Services Limited, Bank Al-Habib Limited, Habib & Sons Private Limited, Habib Asset Management Limited, Habib Metropolitan Bank Limited, Habib Motor Company Private Limited, Habib Sugar Mills Limited, House of Habib Private Limited, Indus Motor Company Limited, Karachi Mercantile Co. Private Limited, Makro Habib Private Limited, Noble Computers Services Private Limited, Proline Private Limited, Proline Wovens Private Limited, Shabbir Tiles & Ceramics Limited and Thal Limited. The symbol “HICL” is being used by the stock exchange for the shares of Habib Insurance Company Limited.

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Transaction of 4,000 shares of Jubilee Life Insurance Company Limited

Karachi: Jubilee Life Insurance Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 4,000 shares @ Rs. 520/- per share were sold in the market on May 05, 2016 through CDC. Jubilee Life Insurance Company Limited incorporated in Pakistan on June 29, 1995 as a public limited company under the Companies Ordinance, 1984. The operations of the company started on June 20, 1996. The products and services which the company offers include individual life insurance, banc assurance, micro insurance, corporate insurance and priority insurance. The shares of the company are quoted at the Karachi Stock Exchange. The registered office of the company is located in Karachi. Jubilee Life Insurance is a subsidiary of the Aga Khan Fund for Economic Development, Switzerland. It is the economic development arm of the AKDN, a group of private, non-denominational development agencies. The sister concerns of the company are the Aga Khan University Hospital, Jubilee General Insurance Company Limited, the Aga Khan Health Services, Tourism Promotion Services, First Micro Finance Bank Limited, Habib Bank Limited, the Aga Khan Education Services and Focus Humanitarian Assistance. The international associate of the company includes Jubilee Insurance Kenya, Uganda, Tanzania, Burundi and Mauritius. The symbol “JLICL” is being used by the stock exchanges for the shares of Jubilee Life Insurance Company Limited.

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Extraordinary general meeting of Noon Pakistan Limited to be held on May 26, 2016

Karachi, Noon Pakistan Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on May 26, 2016 at Lahore. The agenda of the meeting will be confirming minutes of annual general meeting held on March 10, 2016. Further, the closed period of the company is from May 19, 2016 to May 25, 2016 (both days inclusive). Noon Pakistan Limited is a company incorporated in Pakistan in 1966. It is a Public Limited Company the foundations of which are laid under the Companies Ordinance, 1984. The company is primarily produces Milk Powder, Butter, Cheese, Past. Milk, UHT Milk and Juices. The registered office of the company is located in Lahore. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The symbol “NOPK” is being used by the stock exchange for the shares of Noon Pakistan Limited.

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Change of Director of Shabbir Tiles and Ceramics Limited

Karachi, Shabbir Tiles and Ceramics Limited informed Pakistan Stock Exchange about appointment of Mr. Salim Azhar as Director in place of Mr. Alireza M. Alladin with effect from May 06, 2016. Shabbir Tiles and Ceramics Limited is a company founded by the House of Habib in 1978 with strategic and technical collaboration of Agrob Anlagenbau GmbH of West Germany. The company is primarily engaged in the manufacture and sale of tiles and trading of allied building products. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. It is also a member of Karachi Chamber of Commerce & Industry, Pakistan Ceramics Manufacturers Association, and Landhi Association of Trade & Industry. The registered office of the company is located at Karachi. The dealers and distribution network of the company is spread all over Pakistan. The offices are located at Karachi, Lahore, Multan, Faisalabad, Islamabad and Peshawar. The company also operates retail outlets all over Pakistan named as The Stile Emporium. The company is manufacturing Porcelain and Ceramic tiles in different sizes and colors, employing the latest technology. The Quality Management Systems of the company are structured under ISO 9001:2000 from Lloyd Quality Assurance. The symbol “STCL” is being used by the stock exchanges for the shares of Shabbir Tiles and Ceramics Limited.

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Credit of right shares of Ghani Gases Limited

Karachi, Ghani Gases Limited informed Pakistan Stock Exchange that 24,850,566 shares have been credited into respective accounts/sub-accounts of the shareholders having account in CDS on May 05, 2016. Ghani Gasses Limited was incorporated in Pakistan during November 2007 as a private limited company. During February 2008 the company was converted into a public limited company. In 2009 the company set up a plant near Lahore and in 2014 a plant near Port Qasim for manufacturing liquid industrial and medical gases. The company is ISO 9001: 2008 certified. The registered office of the company is located in Lahore. The company manufactures liquid oxygen, liquid nitrogen, liquid argon and calcium carbide which are used for industrial and commercial usage in oil and gas industry, live stock, automotive industry, health care industry, pharmaceuticals industry, steel and iron mills, food and beverages, chemical industries and many other related industries. The symbol “GGL” is being used by the stock exchange for the shares of Ghani Gases Limited.

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Bolan Castings Limited’s Director resigns

Karachi, Bolan Castings Limited informed Pakistan Stock Exchange about resignation of Mr. Sirajuddin Khan, Director of the company with effect from April 29, 2016. The casual vacancy shall be filled by the board within the prescribed time. Bolan Castings Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was incorporated on July 15, 1982. The company is engaged in the business of manufacturing and selling castings for tractors and automotive parts which includes Grey Iron Castings and Spheroidal Graphite/ Nodular/ Ductile Iron Castings. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Balochistan. The symbol “BCL” is being used by the stock exchanges for the shares of Bolan Castings Limited.

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