Karachi, Metropolitan Steel Corporation Limited informed Pakistan Stock Exchange that 59th annual general meeting of the company is scheduled to be held on May 31, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of last annual general meeting held on March 16, 2015, consideration of the audited financial statement of the company for the year ended June 30, 2014, appointing and fixing the remuneration of the auditors. The election of the directors for the forthcoming period for three years from the appointment date shall also be done in the meeting. Further, the closed period of the company is from May 25, 2016 to May 31, 2016 (both days inclusive). Metropolitan Steel Corporation Limited is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984. Initially it was established as a private limited company in 1954 and was later converted into a public limited company in 1958. The company manufactures deformed bars, tor steel bars, structural steel, towers, stand wire and concrete wire. The company also provides steel re-rolling, wire drawing, steel fabrication and cold profile complex in Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange. The registered office of the company is located in Karachi. MSCL is operating under the management of M/s Alloy Steel Company Private Limited. The total annual production capacity is more than 10,000 metric tons. The symbol “MSCL” is being used by the stock exchanges for the shares of Metropolitan Steel Corporation Limited.

Karachi, TRG Pakistan Limited informed Pakistan Stock Exchange about clarification of any said speculation/rumors. It is stated that the management of the Company is not aware of any material events or information for which a disclosure was required to be made under the prevailing laws. Company assured that they would provide any material / information as when required. The Resource Group Pakistan Limited is engaged in managing and maintaining the telephone answering services, call centers, business process outsourcing services and information technology related services in Pakistan. The group operates internationally in various different countries including North America, Africa and Europe. The registered office of the business is located in Karachi. TRG operates in the business process outsourcing sector. The company has acquired more than twenty four companies in the last decade which develops a global structure for the organization. The symbol “TRG” is being used by the stock exchanges for the shares of The Resource Group Pakistan Limited.

Karachi, Dawood Capital Management Limited informed Pakistan Stock Exchange that all asset management companies managing closed end funds to convert it into open end funds with effect from April 07, 2013. Accordingly, operations of the fund will be resumed with effect from July 01, 2016. Dawood Capital Management Limited was incorporated in Pakistan on September 18, 1990 as a public limited Company. The Company is re-registered as a Non Banking Finance Company under the Non Banking Finance Companies (Establishment and Regulation) Rules, 2003 (the NBFC Rules). The Company has obtained the licenses to carry out investment advisory services and asset management services under the NBFC Rules and the Non Banking Finance Companies and Notified Entities Regulations, 2008 (the NBFC Regulations). 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 company has floated the following open end funds namely Dawood Income Fund and Dawood Islamic Fund. The company has also floated a closed end fund, First Dawood Mutual Fund. During the year the licenses of the company have been renewed for Asset Management Services and Investment Advisory Services vide approval dated October 27, 2011, effective from May 27, 2010 and May 26, 2010, respectively, valid for a period of three years. The symbol “DCM” is being used by the stock exchanges for the shares of Dawood Capital Management Limited.

Karachi, Worldcall Telecom Limited informed Pakistan Stock Exchange about clarification of any said speculation/rumors. It is stated that many shareholders / traders for their personal benefits circulates rumors and speculation in PSX market. Company assured that they would provide any material / information as when required. Worldcall Telecom Limited is a public limited company incorporated in Pakistan on March 15, 2001. The foundations of the company are laid under the Companies Ordinance, 1984. The company commenced its operations on December 1, 2004 and is engaged in providing Wireless Local Loop and Long Distance & International services in Pakistan, operation and maintenance of public pay phones network and re-broadcasting international/ national satellite/terrestrial wireless and cable television and radio signals as well as interactive communication and to establish, maintain and operate the licensed telephony services. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The company has been licensed by Pakistan Telecommunication Authority and Pakistan Electronic Media Regulatory Authority for these purposes. Worldcall Telecommunications Lanka Private Limited is the subsidiary company and was incorporated in Sri Lanka as a joint venture with Hayleys Group to operate payphones. Worldcall Telecom Limited holds 70.65% of voting securities in the subsidiary. The symbol “WTL” is being used by the stock exchanges for the shares of Worldcall Telecom Limited.

Karachi, Thal Industries Corporation Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 20, 2016 at Lahore. The agenda of the meeting shall be consideration of accounts for the period ended March 31, 2016. Further, the closed period of the company shall be from May 13, 2016 to May 20, 2016(both days inclusive). The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan. The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD. The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.

Karachi, J. D. W. Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 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 May 13, 2016 to May 21, 2016 (both days inclusive). The Sugar Division comprises of three sugar mills Units in the districts of Rahim Yar Khan, Punjab and Ghotki, Sindh. With its combined crushing capacity of 44,500 TCD, it is one of the largest group in the sugar sector and contributes approximately 15-17% of country’s sugar production. The Company has been successful in completing and commissioning its two high-pressure Co-Generation plants at Unit-II (Sadiqabad) and Unit-III (Ghoki). The first 26.6 MW plant at Unit-II achieved commercial operations on 12 June 2014 after clearing all testing, certification and trial run requirements. The second 26.8 MW project at Unit-III achieved commercial operations on 03 October 2014 after similarly completing all pre-commissioning formalities. JDW is also managing Sugarcane Corporate Farms over the area of 24,000 Acres in the Provinces of Punjab & Sindh. By using knowledge, experience together with modern tools and machinery and distinctive agronomic strategies, JDW has been able to build highly efficient and eco-friendly farms with higher yields. Company’s unique farming techniques have also led to the capacity building of existing farmers thereby resulting in improved and reliable cane supply to JDW. The symbol “JDWS” is being used by the stock exchange for the shares of J. D. W. Sugar Mills Limited.

Karachi, Siemens Pakistan Engineering Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Abu Dhabi on May 12, 2016. The agenda of the meeting was discussion of profit and loss account for six months period and quarter ended March 31, 2016 which portrayed a profit of Rs. 1,593,350 with earnings per share 193.20 and a loss of Rs. 67,701 with loss per share 8.21 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Siemens Pakistan Engineering Company Limited was founded in 1922 in the Indo-Pak region. In 1953 the company was recognized as a private limited company. In 1963 the company was restructured as a public limited company. The business of the company includes operating in the industry sector, energy sector, health care sector, and infrastructure and cities sector. The head office of the company is located in Karachi whereas the regional offices of the company are in Lahore, Islamabad and Quetta. The representative offices of the company are located in Peshawar and Multan. The core operations of the business include supplying high voltage grid stations, switch gear products and systems, power and distribution transformers and network consultancy. The company is engaged in educating the students about the engineering advancements and for this automated labs have been structured. The recent projects of the company in Pakistan include development of the airfield lighting solution for Pakistan’s first green field project, the Benazir Bhutto International Airport in Islamabad, supply, installation, testing and commissioning of an integrated building management system for Dolmen Mall, Karachi and providing smart grid turnkey automation solutions to the Karachi Electric Supply Company Load Dispatch Center. The symbol “SIEM” is being used by the stock exchange for the shares of Siemens Pakistan Engineering Company Limited.