Breaking News

Daily Archives: September 8, 2016

Notice of book closure of Pakcem Limited

Karachi, Pakcem Limited informed Pakistan Stock Exchange that the Management has considered your advice and extended the Book Closure date to September 17, 2016. Pakcem Limited (formerly Lafarge Pakistan) is a subsidiary of Bestway Cement Limited (part of Bestway Group UK), the largest cement manufacturer in Pakistan. The company’s principal activity is manufacturing and sale of cement, and its product portfolio includes Ordinary Portland Cement (PAKCEM), high quality cement (Stallion) and tile bond (Xtreme Bond). Our state-of-the-art plant is located at Kallar Kahar, District Chakwal in the province of Punjab with an annual cement production capacity of 2.4 million tonnes. Together with Pakcem, Bestway Cement boasts a total capacity of more than 8 million tonnes, representing 18% of the entire industry’s capacity in the country. The symbol “PAKCEM” is being used by the stock exchanges for the shares Pakcem Limited.

Read More »

Annual general meeting of Pakistan Oilfields Limited to be held on September 29, 2016

Karachi, Pakistan Oilfields Limited informed Pakistan Stock Exchange that 65thannual general meeting being the 84th General Meeting of the company will be held on September 29, 2016 at Rawalpindi. The agenda of the meeting is to receive, consider and approve the audited accounts of the Company together with the Directors and Auditors Reports for the year ended June 30, 2016, to approve final cash dividend of Rs. 20.00 per share i.e. 200% as recommended by the Board of Directors. it is on addition to the interim cash dividend of Rs. 15.00 per share i.e. 150% already paid to the shareholders, thus making a total cash dividend of Rs. 35.00 per share i.e. 350%for the year ended June 30, 2016 and to appoint auditors for the year ending June 30, 2017 and fix their remuneration. Further, the closed period of the company is from September 22, 2016 to September 29, 2016 (both days inclusive). Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company acquired 25% shares within National Refinery Limited. This enabled the company in acquiring a refining complex which manufactures fuel products and lube base oils. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Rawalpindi. The operations of the company include exploration and production of oil and gas. It also manufactures LPG, solvent oil and sulphur. The existing brand of the company is named POLGAS and subsidiary brand CAPGAS private limited. The symbol “POL” is being used by the stock exchange for the shares of Pakistan Oilfields Limited.

Read More »

Postponement of annual meeting of Board of Directors Pakistan Petroleum Limited

Karachi, Pakistan Petroleum Limited informed Pakistan Stock Exchange that the meeting of the Board of Directors the company is scheduled to be held on September 09, 2016 has been postponed and fresh date will be notified. Further, the closed period that commenced on 1st September 2016 shall continue until announcement of the financial results during which the directors. Pakistan Petroleum Limited was incorporated in Pakistan in 1950. The objectives of company include conducting exploration, prospecting, development and production of oil and natural gas resources. The subsidiaries of the company are PPL Europe E&P Limited formerly MND Exploration and Production Limited, PPL Asia DMCC and the Pakistan Petroleum Provident Fund Trust Company Private Limited. The jointly controlled entity is Bolan Mining Enterprises with 50% shareholding. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The operations of the company include production of natural gas, crude oil, liquid natural gas and liquefied petroleum gas. The company was incorporated in Pakistan as a public limited company in June 1950. The major shareholdings belonged to Burmah Oil Company of the UK. In September 1997, BOC disinvested from the exploration and production sector worldwide and sold its equity in PPL to the Government of Pakistan. The shareholding of the company is currently divided between the government which owns 71% of the shares, private owners with 22% shares and PPL employee Empowerment Trust which amounts to 7% shares. PPL operates six producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani and Hala and holds working interest in fifteen partner-operated producing fields, including Qadirpur. PPL has a portfolio of 47 exploration assets from which the company operates 27, including one contract in Iraq, while 20 blocks, comprising three offshore leases in Pakistan and two onshore concessions in Yemen, are operated by joint venture partners. The PPL fields/ departments are ISO 9001, 14001 and OHSAS 18001 certified. The symbol “PPL” is being used by the stock exchange for the shares of Pakistan Petroleum Limited.

Read More »

Merck Launches New Gene Editing Technology to Engineer Virus Resistant CHO Cell Lines

– Reduces minute virus of mice contamination risk – Enhances viral safety while maintaining cell line productivity, protein quality DARMSTADT, Germany, Sept. 8, 2016 /PRNewswire/ — Merck, a leading science and technology company, today launched a first-of-its-kind gene editing technology to modify CHO cell lines to be resistant to minute virus of mice (MVM), a […]

Read More »

مرک نے وائرس کے خلاے مزاحمت رکھنے والے سی ایچ او خلیاتی سلسلے کے لیے نئی جین ایڈیٹنگ ٹیکنالوجی جاری کردی

– منٹ وائرس آف مائس کثافت خطرے کو کم کرتا ہے – خلیاتی سلسلے کی پیداواری صلاحیت اور لحمیاتی معیار کو برقرار رکھتے ہوئے وائرل حفاظت کو بہتر بناتا ہے ڈارمسٹاڈٹ، جرمنی، 8 ستمبر 2016ء/پی آرنیوزوائر/– معروف سائنس و ٹیکنالوجی ادارے مرک نے آج اپنی نوعیت کی پہلی جین ایڈیٹنگ ٹیکنالوجی جاری کردی ہے تاکہ […]

Read More »

ایم اے جی پراپرٹی ڈیولپمنٹ بہبود کے نئے گھروں کے ساتھ امارات کی جائیداد مارکیٹ کو تبدیل کرنے کے لیے تیار

دبئی، متحدہ عرب امارات، 7 ستمبر 2016ء/پی آرنیوزوائر/– ایم اے جی بہبود کے جدید تصور کے ساتھ متحدہ عرب امارات میں معیار زندگی کو بہتر بناتا ہوا ایم اے جی گروپ کا ریئل اسٹیٹ کا شعبہ ایم اے جی پراپرٹی ڈیولپمنٹ (ایم اے جی پی ڈی) ہمارے گھروں میں صحت و بہبود کی اہمیت کو […]

Read More »

ہواوی نے وڈیو سروس کو سادہ بنانے کے لیے وڈیو کلاؤڈ کا اعلان کردیا

شنگھائی، 7 ستمبر 2016ء/پی آرنیوزوائر/– ہواوی نے ہواوی کنیکٹ 2016ء میں وڈیو کلاؤڈ کا اعلان کردیا۔ اپنے کلاؤڈ پلیٹ فارم اور بنیادی وڈیو صلاحیتوں کے آغاز کے ذریعے ہواوی وڈیو کلاؤڈ صارفین کے لیے تیز ترین طریقے سے وڈیو سروسز بنانا اور ایسی قیمت پر بہترین صارفی تجربہ فراہم کرنا ممکن بناتا ہے جو پہلے […]

Read More »