Karachi, TPL Trakker Limited informed Pakistan Stock Exchange that TPL Properties Limited, a subsidiary of TPL Trakker Limited, has been granted conditional approval by the Securities and Exchange Commission of Pakistan in respect of its proposed initial public offering of shares. TPL Trakker Limited was incorporated in Pakistan on December 4, 2008 under the Companies Ordinance, 1984. TPL Trakker Limited is a subsidiary of TPL Holdings Private Limited which acts as the ultimate parent company of the group and holds 70% shares of the company. TPL Trakker Limited is a joint venture with DigiCore of South Africa and is responsible for markets in the Middle East & South Asian region with over 150,000 units installed. The principal activity of the company is installation and sale of tracking device, vehicle tracking and fleet management. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The subsidiary companies of the group are TPL Direct Insurance Limited, TPL Security Services Private Limited and EVAC Pakistan Private Limited. The associates of the company are Trakker Middle East L.L.C. and TPL Properties Private Limited. The symbol “TPL” is being used by the stock exchanges for the shares of TPL Trakker Limited.

Karachi, Hi-Tech Lubricant Limited informed Pakistan Stock Exchange about status of lubricant held as inventory for the month of May 2016. Stock in trade (Non-synthetic items and Synthetic items) amounting Rs. 988,410,298. Stock-in-trade includes stock-in-transit of Rupees 728 million. Hi-Tec Lubricants is ISO 9001:2008 Certified Company. Hi-Tec Lubricants is a part of the MAS group of companies and has been marketing lubricants in Pakistan for the last 20 years. They have been hitherto focusing marketing efforts mainly in the retail markets and our performance in industrial sector has been satisfactory and their products are available in more than seventy-two stations in Pakistan through their network of distributors. The lubricants they are marketing in Pakistan are manufactured by the world renowned M/s SK Corporation, South Korea. SK has the single largest Petrochemical Chemical Complex in the world, having the state art upstream and downstream manufacturing facilities. SK facilities and its products have the required ISO approval i.e. ISO 9002 and the coveted Environment Management System ISO 14001. In the Lubricant Sector, SK enjoys a enviable position as it is the single largest producer for VHVI Base Oil. This base is used for SK producing Lubricants and is also exported to leading multinational lubricant blenders. The symbol “HTL” is being used by the stock exchanges for the shares of Hi-Tech Lubricant Limited.

Karachi, Shifa International Hospitals Limited informed Pakistan Stock Exchange that interim dividend warrants @ Rs. 2.00 per share, i.e. 20% for year ending June, 2016 have been dispatched to the shareholders by registered post or through courier service on June 06, 2016. Shifa International Hospitals Limited is incorporated in Pakistan on September 29, 1987 as a private limited company and converted into a public limited company on October 12, 1989. The principal activity of the Company is to establish and run medical centres and hospitals in Pakistan. The Company has established its first hospital in 1993 in Islamabad, second hospital in 2011 in Faisalabad and another in 2014 in G-10/4, Islamabad. Besides this, the Company is running medical centres, pharmacies and lab collection points in different cities of Pakistan. The shares of the company are quoted on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Islamabad. The symbol “SHFA” is being used by the stock exchange for the shares of Shifa International Hospitals Limited.

Lahore, June 13, 2016 (PPI-OT): Samsung Electronics Co., Ltd., today announced that celebrated music video game Just Dance Now is now available globally on 2015 and 2016 Samsung Smart TVs. Just Dance Now, the mobile version of the most popular music video game franchise in history with more than 118 million players worldwide, is accessible ...

Islamabad, June 13, 2016 (PPI-OT): President Mamnoon Hussain has said that Pakistan offers best investor friendly policies and urged investors to avail them by investing in Pakistan. The President noted […]

Islamabad, June 13, 2016 (PPI-OT): Federal Minister for Commerce, Engr. Khurram Dastgir Khan has said that Pakistan and China are working on one of the largest economic engagement and development […]

Bhurban, June 13, 2016 (PPI-OT): Experts and government representatives on Monday pledged to jointly tackle degradation of marine and coastal ecosystems in the country caused by “environmentally-damaging and unsustainable” ship-recycling […]