Karachi, Next Capital Limited informed Pakistan Stock Exchange about amended public announcement of offer, proposed offer letter and acceptance letter regarding acquisition of 8,976,799 shares of Singer Pakistan Limited at Rs. 29.79 per share. Next Capital Limited is a company incorporated in Pakistan as a public limited company on December 14, 2009. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a member of the Karachi Stock Exchange Limited and a member of Pakistan Mercantile Exchange Limited. The company is principally engaged in the brokerage of shares, stocks, securities, commodities and other financial instruments and consultancy services. The company is engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the exchange. The shares of the company are quoted on Karachi Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The symbol “NEXT” is being used by the stock exchange for the shares of Next Capital Limited.

Karachi, Pakistan Stock Exchange informed that share certificates have been reported lost/misplaced by the shareholder of Sui Southern Gas Company, as notified by the Registrar companies. If the registrars do not receive any objection within 07 days of this notice, duplicate share certificates will be issued. Sui Southern Gas Company is an integrated gas company operating in Pakistan. The company is engaged in the business of transmission and distribution of natural gas besides construction of high pressure transmission and low pressure distribution systems. The company’s transmission system extends from Sui in Balochistan to Karachi in Sindh comprising over 3,220 KM of high pressure pipeline ranging from 12 – 24″ in diameter. The distribution activities covering over 1200 towns in Sindh and Balochistan are organized through the regional offices of the company. The company also owns and operates gas meter manufacturing plant in the country which has an annual production capacity of over 750,000 meters. The Government owns the majority of the shares which is presently over 70%. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “SSGC” is being used by the stock exchanges for the shares of Sui Southern Gas Company.

Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange about the utilization of proceeds from initial public offering of the company as on June 30, 2016. Net IPO proceeds show Rs. 540,891,050 and total expension is Rs. 563,851,419. Synthetic Products Enterprises Limited (SPEL) is a part of SPEL Group which provides one stop shopping to customers for plastic products. With its three plants, one in Kotlakhpat two in Pandoki, Lahore, it is organized in the product lines of Molds and Dies Manufacturing, Automotive Parts, Food Packaging, Plastic Crates and Off Road Vehicle Parts. SPEL now has a portfolio of varied products with a large client base. Supplies are made to assemblers and manufacturers of cars, tractors, motor cycles, electronic equipment, road construction equipment etc. We also provide Plastic Packaging for Food, Hair Care, Skin Care and Pharmaceutical products. The symbol “SPEL” is being used by the stock exchange for the shares of Synthetic Products Enterprises Limited.

Karachi, KASB Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 7,000 shares @ Rs. 2.70 per share were bought from the market on July 27, 2016 through CDC. KASB Modaraba was incorporated in Pakistan under the Modaraba Companies and Modaraba Ordinance, 1980. The operations of the company are managed by KASB invest private limited which acts as a management company. The company is an Islamic financial institution extending financial facilities to its customers on Islamic principles of Shariah. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. KASB Modaraba is a multipurpose perpetual Modaraba and is primarily engaged in ijarah financing, musharaka financing, murabaha financing, modaraba financing, diminishing musharaka and investing in listing securities. The symbol “KASBM” is being used by the stock exchanges for the shares of KASB Modaraba.

Karachi, Noon Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on July 29, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended June 30, 2016 which portrayed a profit of Rs. 44,422 and Rs. 60,326 with earnings per share 2.69 and 3.65 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Noon Sugar Mills Limited was incorporated in 1964 as a public limited company in Pakistan. The registered office of the company is located in Lahore. The manufacturing plant of the company for manufacturing white sugar is located in the province of Punjab. The products of the company include white sugar, ethyl alcohol industrial grade and fuel grade products. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The plant became operational in the year 1966. The optimum capacity of the plant is 9,000 TCD as recorded in 2006-2007. An alcohol distillery was added during 1986 with a production capacity of 50,000 liters/day in 2002. A facility with an option to provide 30,000 LPD Industrial of fuel grade ethanol was added in 2002. A fuel ethanol plant of 100,000 LPD was added in 2005. The distillery is ISO 9001 certified since 1998 which later upgraded to ISO-9001-2000. An effluent treatment plant was installed in 1997 so that bio-degradable waste water can be used as a renewable source of energy to replace 70% of fuel oil/natural gas, for generation of process steam. The symbol “NONS” is being used by the stock exchanges for the shares of Noon Sugar Mills Limited.

Karachi, Shezan International Limited informed Pakistan Stock Exchange about resignation of Mr. Munaf Ibrahim, Director of the company. The casual vacancy shall be filled by the board within the prescribed time. Shezan International Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing, trading and sale of juices, pickles, jams, ketchups etc., based upon or derived from fresh fruits and vegetables. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The symbol “SHEZ” is being used by the stock exchanges for the shares of Shezan International Limited.

Karachi, Baba Farid Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on July 29, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended June 30, 2016 which portrayed a profit of Rs. 8,835,872 and Rs. 3,494,699 with earnings per share 0.94 and 0.37 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Baba Farid Sugar Mills Limited is a company incorporated in Pakistan in 1978 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is principally engaged in the manufacturing and sale of sugar including its by-products i.e. Molasses and V. Filter Cake. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and its manufacturing facility is located in Punjab. Baba Farid Sugar Mills Limited is the second sugar mill of the Imporient Group and is located in Okara. The production capacity of the company is 27,200 Tonnes. The company is also a member of the Chamber of Commerce and Industry. The symbol “BAFS” is being used by the stock exchanges for the shares of Baba Farid Sugar Mills Limited.