Karachi, Pakistan Stock Exchange informed that 1,100 share certificates have been reported lost/misplaced by the shareholders of Otsuka Pakistan 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. Otsuka Pakistan Limited 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 an indirect subsidiary of Otsuka Pharmaceutical Company Limited, Japan. The principal activity of the company is manufacturing, marketing and distribution of intravenous infusions and trading in pharmaceutical products, nutritional foods and medical equipment. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The symbol “OTSU” is being used by the stock exchange for the shares of Otsuka Pakistan Limited.

Karachi, Abbott Laboratories Limited informed Pakistan Stock Exchange that final dividend warrants @ Rs. 20.00 per share, i.e. 200% for year ended Dec, 2015 have been dispatched to the shareholders by registered post or through courier service on May 12, 2016. Abbott Laboratories Limited is a public limited company. It was incorporated in Pakistan on July 2, 1948. Abbott started operations in Pakistan as a marketing affiliate in 1948. The company is engaged in the manufacturing, importing and marketing of research based pharmaceutical, nutritional, diagnostic, diabetic care, molecular devices, and hospital and consumer products. The company also provides toll manufacturing services. 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 in Karachi. Abbott Pakistan is part of the global healthcare corporation of Abbott Laboratories, Chicago, USA. It has over 70,000 employees worldwide and a global presence in more than 130 countries. It has a work force of over 1500 employees. Besides this the company has two manufacturing facilities located at Landhi and Korangi in Karachi. The symbol “ABOT” is being used by the stock exchanges for the shares of Abbott Laboratories Limited.

Karachi, Fauji Fertilizer Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,500 shares @ Rs. 113.51 per share were sold in the market on May 12, 2016 through CDC. Fauji Fertilizer Company Limited is a public company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, purchasing and marketing of fertilizers and chemicals, including investment in other fertilizer, chemical, other manufacturing, and energy generation and banking operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Rawalpindi and it is domiciled there. Associated companies of the group are FFC Energy Limited, Fauji Fertilizer Bin Qasim Limited, Askari Bank Limited and Al-Hamd Foods Limited. The symbol “FFC” is being used by the stock exchanges for the shares of Fauji Fertilizer Company Limited.

Karachi, Dewan Cement 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 confirmed that they have nothing to do with the trading volume in Dewan Cement Limited Shares in recent past. Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of cement. The company has two production facilities at Karachi and Khyber Pakhtunkhwa. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The symbol “DCL” is being used by the stock exchanges for the shares of Dewan Cement Limited.

Karachi, United Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,988 shares @ Rs. 173.50 per share were sold in the market on May 11, 2016 through CDC. United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.

Islamabad, May 13, 2016 (PPI-OT): President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said export sector is lacking meaningful reforms which is a reason behind dismal performance. Government has set export target at 35 billion dollars ...

Receives USD$1 billion strategic investment from Apple BEIJING, May 13, 2016 /PRNewswire/ — Didi Chuxing (“DiDi” or “the Company”), the world’s leading one-stop mobile transportation platform, announced today important progress in its latest fundraising round.  Among a group of prestigious Chinese and international institutions, Apple has invested USD$1 billion in DiDi, creating the single largest investment the Company has ever received. http://photos.prnasia.com/prnvar/20160513/8521603099 Through this investment, Apple […]