Daily Archives: June 13, 2016

Material Information of Ghani Glass Limited

Karachi, Ghani Glass Limited informed Pakistan Stock Exchange that the Company’s new Amber Pharma Glass Furnace (100% equity based project financed through proceeds of the recent right issue) of Landhi plant, Landhi Industrial Area, Karachi has successfully started commercial production on Friday night i.e. on June 10, 2016. Ghani Glass Limited is a company incorporated in Pakistan in 1992 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. Ghani Glass is a company of Ghani Group, a business house of South Asia based in Pakistan with interests in containers glass and float glass, automobiles manufacturing/marketing and mining for silica sand, coal and rock salt. The group has experience in the local and International markets, especially in the glass sector. The company features four modern glass plants in Pakistan producing container glass, float glass and value added glass with annual capacity of over 900,000 tons. It is engaged in the business of manufacturing and sale of glass containers and float glass of different types. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located at Lahore. The company provides glass containers range in pharmaceutical, food and beverage categories and incessant R&D, innovation and provision of value added glass manufacturing, fulfilling customized demands of local and international customers. GGL is bifurcated into two business units or division. The Float Glass Division includes Clear Glass, Ghani Green Glass, Ghani Brown Glass and Reflective Glass and the Glass Containers Division includes Pharmaceutical glass containers (amber and clear), Beverages glass packaging (flint and green) and Food glass packaging (clear). The symbol “GHGL” is being used by the stock exchanges for the shares of Ghani Glass Limited.

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Appointment of Director / Chief Executive of Gillette Pakistan Limited

Karachi, Gillette Pakistan Limited informed Pakistan Stock Exchange about appointment of Mr. Khalid Ahmed Farid as Director / Chief Executive with effect from July 01, 2016 in place of Mr. Adeel Ahmed. Gillette Pakistan Limited is a company incorporated in Pakistan on December 9, 1986 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. It is a subsidiary of the Series Acquisition B.V. Netherlands which is a wholly owned subsidiary of P&G, USA. The principal activities of the company includes marketing and selling of blades and razors, personal care products, household appliances and oral care products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The symbol “GLPL” is being used by the stock exchanges for the shares of Gillette Pakistan Limited.

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