Karachi, May 09, 2016 (PPI-OT):Sindh Chief Minister’s advisor on information Moula Bux Chandio has categorically rejected the allegations levelled by a selective private television in Pakistan against the former President […]

Lahore, May 09, 2016 (PPI-OT):Khyber Pakhtunkhwa (KP) Chief Minister Pervez Khattak today convened a meeting to resolve the issues pertaining to land acquisition for the 4320 MW-Dasu Hydropower Project being […]

Karachi, Johnson and Phillips (Pakistan) Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on May 30, 2016 at Karachi. The agenda of the meeting will be election of the directors for the forthcoming period of three years. Further, the closed period of the company is from May 23, 2016 to May 29, 2016 (both days inclusive). After the creation of Pakistan in 1947, J&P was the first foreign company to open a sales office in the country. In 1948, J&P opened a small sales office in Karachi. By 1949, J&P had built two production bays and an office block at Sindh Industrial trading Estates, Karachi where it commenced the manufacture of low tension Switchboards incorporating imported circuit breakers and switch-fuses. In 1954, work started on two new productions bays and these were completed early the following year. Jigs were imported and machinery bought to extend the range of manufacture to High Tension Switchboards. J&P, a pioneer in the electrical development of Pakistan was the first company to manufacture H.T. Oil Circuit Breakers in country, in 1961. In 1958 a further production bay was added to the existing J&P factory, and in September 1961, Some more machinery-jigs, tools and fixtures, were installed at the new production unit and the manufacture of High tension Oil Circuit breakers were commenced. The first two circuit breakers were manufactured in Pakistan were sent to the independent short Circuit Test Station of K.E.M.A. in Holland where they successfully passed the stringent Short Circuit Test to the latest British standards. In 1968, the J&P product range was diversified to include Distribution Transformers. A unit for the manufacture of Distribution Transformers was added to our factory in 1968. Orders were immediately received from electricity Authorities in Pakistan – WAPDA and the Karachi Electricity Supply Corporation. J&P equipment supplied in 1968 to K-Electric and WAPDA is still operating satisfactory. The symbol “JOPP” is being used by the stock exchange for the shares of Johnson and Phillips (Pakistan) Limited.

Karachi, Crescent Standard Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 138,500 shares @ Rs. 1.45 per share and 28,500 shares @ 1.99 per share were bought from the market on May 05, 2016 and May 06, 2016 respectively through CDC. Crescent Standard Modaraba was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under. The Modaraba was initially managed by Financial Link Limited up to January 19, 2007 however the management of Modaraba transferred to Providence Modaraba Limited. During 2008, Providence Modaraba Limited merged with and into B.R.R. Investment Private Limited and since then the Modaraba is under the management of B.R.R. Investments Private Limited. It is a perpetual and multipurpose modaraba and is engaged in investing in equities and debt securities, musharaka and murabaha finance etc. It is listed on Karachi Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The symbol “CSM” is being used by the stock exchange for the shares of Crescent Standard Modaraba.

Karachi, Feroze 1888 Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 11, 2016 at Karachi. The agenda of the meeting is to consider the declaration of any entitlement. Further, the closed period of the company shall be from May 09, 2016 to May 11, 2016. Feroze 1888 is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in production and export of towels. The company manufactures and exports specialized yarn and textile terry products in Pakistan. The company maintains ISO 9001:2008 certified quality standards. The company is partnered with 1888 Mills (USA) through which the company is recognized as a global manufacturer of quality textile products for home, hospitality and healthcare. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “FML” is being used by the stock exchanges for the shares of Feroze 1888 Mills Limited.

Karachi, Pakistan Stock Exchange informed that 6,440 share certificates have been reported lost/misplaced by the shareholders of Ansari Sugar Mills Limited, as notified by the Registrar companies. If the registrars do not receive any objection within 21 days of this notice, duplicates share certificates will be issued. Ansari Sugar Mills Limited is a company incorporated in Pakistan on July 9, 1989 as a public limited company. The principal activity of the company is manufacture and sale of white sugar. 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 Karachi and its factory outlet is located District Hyderabad and District Badin. The overall crushing capacity of the company is 8000 Metric Tons per day. The products of the company are White Refined Sugar and Molasses. The symbol “ANSM” is being used by the stock exchanges for the shares of Ansari Sugar Mills Limited.

Karachi, Pakistan Stock Exchange informed that 166 share certificates have been reported lost/misplaced by the shareholders of Southern Electric Power Company Limited, as notified by the Registrar companies. If the registrars do not receive any objection within 21 days of this notice, duplicates share certificates will be issued. Southern Electric Power Company Limited is a company incorporated in Pakistan on December 20, 1994 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The Company originally established a 117 Megawatt power generation capacity station near Raiwind, Lahore for supply of electricity. The installed capacity of the Plant was increased to 135.9 Megawatt through the installation of sixth engine in September 2007. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Islamabad. The symbol “SEPCO” is being used by the stock exchange for the shares of Southern Electric Power Company Limited.