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Daily Archives: November 2, 2016

Pakistan Beverage Limited and Paramount Fine Foods join hands

Islamabad, November 02, 2016 (PPI-OT):Paramount Fine Foods, an authentic and the fastest growing Middle Eastern cuisine franchise, is coming to Pakistan for the first time. Having first opened in Mississauga, Ontario, Paramount Fine Foods quickly gained popularity opening up numerous restaurants in Canada, USA and Lebanon. Embracing the fresh and healthy flavours of the Middle ...

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Government lauded for introducing quality diesel: Mian Zahid Hussain

Islamabad, November 02, 2016 (PPI-OT):President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday lauded the decision of the government to introduce quality diesel in the market. Pakistan State Oil PSO), the state-run retailer, has been directed to ...

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JCR-VIS reaffirms ratings of Hascol Petroleum Limited

Karachi, November 02, 2016 (PPI-OT):JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the entity ratings of Hascol Petroleum Limited (HPL) at ‘A+/A-1’ (Single A Plus/A-One). Rating of HPL’s secured Sukuk issue of Rs. 2billion has also been reaffirmed at AA- (Double A Minus).Outlook on the assigned ratings is ‘Stable’. The previous rating action for entity ...

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Sartaj Aziz meets Kyrgyz Foreign Minister on sidelines of 15th Shanghai Cooperation Organization Heads of Government Council Meeting in Bishkek

Islamabad, November 02, 2016 (PPI-OT):Pakistan and Kyrgyzstan have agreed to deepen bilateral cooperation and develop connectivity projects for the mutual benefit of the two countries. This was discussed when Adviser on Foreign Affairs Mr. Sartaj Aziz and Kyrgyz Foreign Minister Mr. Abdyldaev Erlan Bekeshovich, met in Bishkek today, on the sidelines of the 15th Shanghai ...

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Increasing Pakistan exports to Azerbaijan: Commerce, Defence Production Ministries develops joint action plan

Islamabad, November 02, 2016 (PPI-OT):In follow-up of the Prime Minister of Pakistan’s visit to Azerbaijan last month, Ministry of Commerce and Ministry of Defence Production has developed a joint action plan to enhance exports to $500 million. The decision was taken during an Inter-Ministerial Working Group held here the other day, which was co-chaired by ...

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Election of Director of Ecopack Limited

Karachi, Ecopack Limited informed Pakistan Stock Exchange that Mr. Ali Jamil has been elected as Director of the Company in the annual general meeting held on October 27, 2016. Ecopack Limited is a company incorporated on August 25, 1991 as a private limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company was converted into a public limited Company on April 29, 1992. The principal business activity of the Company is manufacturing and sale of Polyethylene Terephthalate bottles and preforms for the market of Beverages and other liquid packaging industry. The company has supply in the emerging Central Asian markets. The shares of the company are quoted Karachi Stock Exchange of Pakistan. The company has its registered office and manufacturing facility located at Khyber Pakhtunkhawa. The current capacity of EcoPack is over 300 million bottles and 400 million preforms per annum and is therefore the largest supplier of PET bottles in Pakistan. The symbol “ECOP” is being used by the stock exchanges for the shares of ECOPACK Limited.

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Resolution passed by the shareholders of Ghani Gases Limited

Karachi, Ghani Gases Limited informed Pakistan Stock Exchange that the following resolutions have been unanimously passed by the shareholders of the company in their annual general meeting held on October 31. 2016. Ghani Gasses Limited was incorporated in Pakistan during November 2007 as a private limited company. During February 2008 the company was converted into a public limited company. In 2009 the company set up a plant near Lahore and in 2014 a plant near Port Qasim for manufacturing liquid industrial and medical gases. The company is ISO 9001: 2008 certified. The registered office of the company is located in Lahore. The company manufactures liquid oxygen, liquid nitrogen, liquid argon and calcium carbide which are used for industrial and commercial usage in oil and gas industry, live stock, automotive industry, health care industry, pharmaceuticals industry, steel and iron mills, food and beverages, chemical industries and many other related industries. The symbol “GGL” is being used by the stock exchange for the shares of Ghani Gases Limited.

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