Karachi, National Investment Trust Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on June 15, 2016. The agenda of the meeting shall be consideration of interim dividend for NI(U)T Fund, NIT Government Bond Fund, NIT Income Fund and NIT-Islamic Equity Fund and NIT Government Treasury Fund. Further, the closed period of the company shall be from June 14, 2016 to June 15, 2016. The National Investment Trust Limited (NITL) is the first Asset Management Company of Pakistan, formed in 1962, had Funds under management of approximately Rs. 90 billion, with around 54,679 unit holders as on April 29, 2016. NIT’s distribution network comprises of 23 Branches, Sarmayakari Markaz at Abbottabad, Investor Facilitation Centre at Karachi & various Authorized Bank Branches all over Pakistan. The symbol “OEFNITUF” is being used by the stock exchange for the shares of National Investment Trust Limited.

Karachi: Bank Alfalah Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5 shares @ Rs. 24.95 per share, 100 shares @ Rs. 24.98 per share and 78 shares @ Rs. 25.00 per share were bought from the market on June 07, 2016 through CDC. “Bank Alfalah Limited was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan. The bank has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing. The symbol “BAFL” is being used by the stock exchanges for the shares of Bank Al-Falah Limited.

Karachi: JS Global Capital Limited informed Pakistan Stock Exchange that Mr. Muhammad Khalil Ur Rehman and Syed Hasan Akbar Kazmi has been appointed as Directors in place of Mr. Basir Shamsie and Mr. Muhammad Yousuf Amanullah. “JS Global Capital Limited was a company incorporated in Pakistan as a private limited company on June 28, 2000. The company was converted into a public limited company in December, 2004. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a subsidiary of JS Bank Limited which is a subsidiary of Jahangir Siddiqui and Company Limited, the ultimate parent of the company. JS Global Capital Limited is a TRE Certificate holder of the company. The principal activities of the company are share brokerage, money market, forex and commodity brokerage, advisory and consultancy services. The other mix includes investment in the listed and unlisted equity and debt securities and reverse purchase transactions. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The symbol “JSGCL” is being used by the stock exchange for the shares of JS Global Capital Limited.”

Islamabad, June 08, 2016 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), International Finance Corporation (IFC), and Centre for International Private Enterprise (CIPE) are collaborative partners to create awareness […]

Islamabad, June 08, 2016 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), while ensuring compliance with insurance and allied laws, initiated 29 show-cause proceedings for non-compliances with the Insurance […]

Islamabad, June 08, 2016 (PPI-OT): With the begining of Ramzan, the Ministry of Water and Power is making all out efforts to provide maximum relief to the domestic consumers, specially […]

Lahore, June 08, 2016 (PPI-OT): Italian businessmen are keen to make investment in Pakistan’s energy sector besides having joint ventures in other fields. This was stated by the Pakistan Ambassador […]