Breaking News

Daily Archives: July 22, 2016

Board meeting of Jahangir Siddiqui and Company Limited to be held on July 28, 2016

Karachi, Jahangir Siddiqui and Company Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on July 28, 2016 at Karachi to fill the casual vacancy arose due to resignation of a Director and to consider and approve investment proposal. Further, the closed period of the company shall be from July 23, 2016 to July 28, 2016 (both days inclusive). The Jahangir Siddiqui and Co. Ltd was incorporated under the Companies Ordinance, 1984 on May 4, 1991 as a public unquoted company. It is a subsidiary of the JS Group which comprises of several subsidiary companies which are involved in trading of securities, maintaining strategic investments, investment advisory, asset management, agency telecommunication, commercial business and other business. The group operates mainly in Pakistan but also provides services in United Kingdom Cayman Islands and Mauritius. The principle activities of Jahangir Siddiqui and Co. Ltd is trading of securities, maintaining strategic investments, consultancy services, underwriting, etc. The registered office of the company is located in Karachi. The company is listed on the Karachi Stock exchange. Besides this the company is a corporate member of the Karachi and Islamabad Stock Exchanges. The symbol “JSCL” is being used by the stock exchanges for the shares of Jahangir Siddiqui and Co. Ltd.

Read More »

Board meeting of Mehran Sugar Mills Limited to be held on July 30, 2016

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on July 30, 2016 at Karachi. The agenda of the meeting shall be consideration of nine month accounts for the period ended June 30, 2016. Further, the closed period of the company shall be from July 23, 2016 to July 30, 2016 (both days inclusive). Mehran Sugar is Pakistan’s leading producer and marketer of both white and brown sugar. The company also has investments in an ethanol facility as well as in blue chip companies listed on the Karachi Stock Exchange. Mehran was founded in 1965 as a Public Limited company and is quoted on the Karachi Stock Exchange. The company has thrice been awarded the prestigious top 25 KSE company award. The basic purpose of our Enterprise is to perpetuate as a Public Limited Company engaged in manufacturing and marketing white refined cane sugar, food products, sugar byproducts and other products wherein management or sponsors have expertise. In addition, we preserve to assume a leadership position in related industry regarding quality of the product, cost effectiveness, turnover and technology.

Read More »

Board meeting of Engro Polymer and Chemicals Limited to be held on August 03, 2016

Karachi, Engro Polymer and Chemicals Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on August 03, 2016 at Karachi. The agenda of the meeting shall be consideration of quarterly and half yearly accounts for the period ended June 30, 2016. Further, the closed period of the company shall be from July 26, 2016 to Aug 03, 2016 (both days inclusive). The company was set up in 1997 by the name of Engro Asahi Polymer and Chemical Ltd. It was a joint venture between Engro Chemical, Asahi Glass Company and Mitsubishi Corporation to set up a 100,000 ton capacity PVC plant at Port Qasim. The plant came into commercial operation in 1999. In 2006, Asahi Glass divested from the business and Engro Chemical acquired its shareholding. The name of the company was changed to Engro Polymer & Chemicals Limited. The registered office of the company is located in Karachi. Other than producing caustic soda, sodium hypochlorite, EDC and VCM, Engro Polymer & Chemicals Limited is also the manufacturer of PVC resin in Pakistan. The symbol “EPCL” is being used by the stock exchange for the shares of Engro Polymer and Chemicals Limited.

Read More »

Board meeting of Arif Habib Limited to be held on July 29, 2016

Karachi, Arif Habib Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on July 29, 2016 at Karachi. The agenda of the meeting shall be consideration of audited accounts for the financial year ended June 30, 2016. Further, the closed period of the company shall be from July 23, 2016 to July 29, 2016 (both days inclusive). Arif Habib Limited is a public listed company incorporated in Pakistan under the Companies Ordinance, 1984. It was initially incorporated as an unquoted public limited company wholly owned by Arif Habib Corporation Limited. The company is engaged in providing brokerage and corporate finance services to a large number of institutional, corporate, high net worth individuals and retail clients. The shares are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The parent company holds 69% shares of the company and offered its 25% share holding in the company to general public and obtained listing on the Karachi Stock Exchange Limited on January 31, 2007. The company is holder of Trading Right Entitlement Certificate of Karachi, Lahore and Islamabad Stock Exchanges. The principal activities of the company are Investments in a mix of listed and unlisted equity and debt securities and reverse repurchase transactions, share brokerage, interbank brokerage, initial public offer underwriting, advisory and consultancy services. The symbol “AHL” is being used by the stock exchanges for the shares of Arif Habib Limited.

Read More »