Islamabad, September 02, 2016 (PPI-OT):Mr. Suh Dong-gu, the newly appointed Ambassador of the Republic of Korea paid his first courtesy call on Syed Tariq Fatemi, Special Assistant to the Prime Minister on Foreign Affairs. The Special Assistant felicitated Ambassador Suh Dong-gu on his appointment as Ambassador to Pakistan. He expressed confidence that during his assignment ...

Islamabad, September 02, 2016 (PPI-OT):A delegation of Turkish Foreign Economic Relations Board, led by Mr. Omer Cihad Vardan called on the Federal Minister for Finance Senator Mohammad Ishaq Dar here at the Finance Division. The delegation thanked the Government of Pakistan for its support for Turkey in crucial time. The people of Turkey and we ...

Islamabad, September 02, 2016 (PPI-OT):The Ambassador of Azerbaijan, Mr. Ali Alizada called on Federal Minister for Finance, Senator Mohammad Ishaq Dar at the Finance Minister, today. The Finance Minister informed the Ambassador that Pakistan value relationship with Azerbaijan. Both countries have love and affection for each other. He appreciated the hospitality and warmth of the ...

Islamabad, September 02, 2016 (PPI-OT):President Mamnoon Hussain has said that Pakistan and Turkey will continue to forge closer cooperation in all areas of life including trade and economy adding that recent investment in Pakistan by Turkish organizations is encouraging. The President hoped that the Turkish government will continue to encourage Turkish companies to invest in ...

Karachi, Gadoon Textile Mills Limited informed Pakistan Stock Exchange that the board of Directors meeting of the company is in progress due to which company was unable to communicate the financial results on September 02, 2016. The results of the meeting shall be conveyed on the next working day i.e. on September 03, 2016. Gadoon Textile Mill Limited was incorporated in Pakistan on February 23, 1988. The commercial production of the business started in 1990. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in district Swabi. The manufacturing facilities of the company are located near Gadoon and Nooriabad near Karachi. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The products which are manufactured by the company include compact yarn, murata jet spinning yarn, core spun yarn, compact core spun yarn, grey cotton, ring spun yarn, synthetic yarn and poly cotton yarn. The symbol “GADT” is being used by the stock exchange for the shares of Gadoon Textile Mill Limited.

Karachi, Indus Motor Company Limited informed Pakistan Stock Exchange about Security Analysts’ briefing regarding the company’s business results for the financial period ended June 30, 2016 held on September 05, 2016 at Karachi. Indus Motor Company Limited is a public limited company incorporated in 1989 in Pakistan. The commercial production by the company started in May 1993. The company operates as a joint venture between the House of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan. The operations of the company include assembling, manufacturing and marketing of Toyota and Daihatsu brand automobiles for domestic consumption. The company deals in the production of passenger cars, SUV’s, four wheel drives and commercial vehicles. The company deals in the production of passenger cars, SUV’s, four wheel drives and commercial vehicles. The manufacturing facility is located in Port Qasim, Karachi. The registered office of the company is also located in Karachi. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The product is delivered nationwide through a strong network of 37 independent dealership spread across Pakistan. The workforce employed by the organization is more than 2000 workers. The production system of the company is built on application of Just-In-Time and Jidoka. The symbol “INDU” is being used by the stock exchange for the shares of Indus Motor Company Limited.

Karachi, Al-Ghazi Tractors Limited informed Pakistan Stock Exchange about resignation of Mr. Michele Lombardi, Director of the company with effect from August 29, 2016. The casual vacancy shall be filled by the board within the prescribed time. Al-Ghazi Tractors Limited is a company incorporated in Pakistan as a public limited company in June, 1983. The foundations of the company have been laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacture and sale of agricultural tractors, implements and spare parts. 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. The manufacturing facility of the company is located in Dera Ghazi Khan. The symbol “AGTL” is being used by the stock exchanges for the shares of Al-Ghazi Tractors Limited.