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Karachi, Pakistan Telecommunications Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on July 19, 2016. The agenda of the meeting was discussion of profit and loss account for six months period and quarter ended June 30, 2016 which portrayed a profit of Rs. 5,565,946 and Rs. 2,435,535 with earnings per share 1.09 and 0.48 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pakistan Telecommunication Company Limited is a company incorporated in Pakistan on December 31, 1995 and commenced business on January 01, 1996. The foundations of the company are laid under the Companies Ordinance, 1984. The company was established to undertake the telecommunication business formerly carried on by the Pakistan Telecommunication Corporation (PTC). All the business was transferred to the Company on January 01, 1996 under the Pakistan Telecommunication Reorganization Act, 1996, on which date, the Company took over all the properties, rights, assets, obligations and liabilities of PTC, except those transferred to the National Telecommunication Corporation (NTC), the Frequency Allocation Board (FAB), the Pakistan Telecommunication Authority (PTA) and the Pakistan Telecommunication Employees’ Trust (PTET). The company provides telecommunication services in Pakistan. It owns and operates telecommunication facilities and provides domestic and international telephone services and other communication facilities throughout Pakistan. The company has also been licensed to provide such services in territories of Azad Jammu and Kashmir and Gilgit-Baltistan. 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 Islamabad. The symbol “PTC” is being used by the stock exchange for the shares of Pakistan Telecommunications Company Limited.

Karachi, Pakistan Stock Exchange informed that trading in the shares of Business & Industrial Insurance Co. Limited shall remain suspended for another period of 60 days from July 22, 2016 or until such time as the cause of suspension have been rect...

Karachi, Bank Al-Falah Limited informed Pakistan Stock Exchange about transaction of shares of the company. 40,000 shares at different rates per share were sold in the market on July 20, 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, Huffaz Seamless Pipe Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 20, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended March 31, 2016 which portrayed a profit of Rs. 8,833 with earnings per share 0.16 basic and diluted and a loss of Rs. 30,609 with loss per share 0.55 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Huffaz Seamless Pipe Industries Limited was incorporated in Pakistan on October 09, 1983 as a public company limited by shares. The shares of the Company are quoted on Pakistan Stock Exchange. The principal object and business of the Company is manufacturing and selling of seamless steel pipes and tubes (tubular products). Huffaz is the first and only seamless pipes manufacturer in Pakistan. The Company has successfully diversified into some allied seamless pipes products. As a forward integration, we have established Coating Plant which has started 3 layered epoxy coating on pipes from 2012. As a backward integration, the company has its own workshop, for the production of equipment’s to be used in Seamless Pipe industry, known as Huffaz Engineering Workshop (HEW). The Company Brand HUFFAZ enjoys leading position in Seamless industry in Pakistan, as our products are of international quality standards and we believe in constant product development. With our strong dealers and distribution network we are spread all over Pakistan. The plant, based in Nooriabad, incorporates the latest German technologies & techniques and state of the art imported machinery to manufacture high class products that conform to International standards. The symbol “HSPI” is being used by the stock exchanges for Huffaz Seamless Pipe Industries Limited.

Karachi, ABL Asset Management Company Limited informed Pakistan Stock Exchange that the Chief Executive Officer, under the authority granted by the Board of Directors, on July 28, 2016 has approved interim distribution out of the profit earned by the F...

Karachi, Dewan Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on July 27, 2016 at Karachi. The agenda of the meeting shall be consideration of third quarterly accounts for the period ended June 30, 2016. Further, the closed period of the company shall be from July 20, 2016 to July 27, 2016 (both days inclusive). Dewan Sugar Mills Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in manufacturing and sale of white refined crystalline sugar, processing and trading of by-products and other related activities and allied 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 in Karachi and the manufacturing facility of the company is located in Thatta. The symbol “DWSM” is being used by the stock exchanges for the shares of Dewan Sugar Mills Limited.