The Union of Small and Medium Enterprises (UNISAME) welcomed and appreciated the State Bank of Pakistan (SBP) for organizing to hold the Expo/Seminar for promotion of SME financing on 19th December at Karachi aimed at creating awareness among SMEs and other stakeholders about banks and DFIs financing facilities for SMEs. …

Karachi, Dewan Cement Limited informed Pakistan Stock Exchange that the board of directors meeting of the company held on November 24, 2016 the board was informed by Dewan Muhammad Yousuf Farooqui that while he is exploring the possibility of selling 51% shares of the Company currently held by him and his associates to foreign party. Dewan Cement Limited was incorporated in Pakistan as a public limited company in March, 1980. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of cement. The company has two production facilities at Karachi and Khyber Pakhtunkhwa. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The symbol “DCL” is being used by the stock exchanges for the shares of Dewan Cement Limited.

Karachi, Nestle Pakistan Limited informed Pakistan Stock Exchange that the dividend warrants in respect of interim dividend @ Rs. 185 per share, i.e. 1850% for the year ended December 31, 2016 have been dispatched by registered post or through courier service on November 21, 2016. Nestle Pakistan Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, processing and sale of food products. This includes imported products dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is situated in Lahore. The company owns brands in the category of ambient dairy, chilled dairy, beverages, bottled water, culinary and food, baby food, breakfast cereals and confectionary. The symbol “NESTLE” is being used by the stock exchange for the shares of Nestle Pakistan Limited.

Karachi, Pak Datacom Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend @ Rs. 3 per share, i.e. 30% for the year ended June 30, 2016 have been dispatched by registered post or through courier service on November 24, 2016. Pak Datacom Ltd. is a subsidiary of Telecom Foundation, which has an equity share of 55%, whereas 45% investment in the company is made by general public and foreign investors. Established in November 1991, Telecom Foundation is a self-supporting entity with assets exceeding Rs.1 billion and an annual turnover of Rs.2 billion is the holding company of Pak Datacom Ltd. Pak Datacom Ltd. was incorporated as a private limited company in July 1992 and was subsequently converted into public limited company in June 1994. The testing of the network and related system started in April 1994 and commercial operations commenced in July 1994. The symbol “PAKD” is being used by the stock exchange for the shares of Pak Datacom Limited.

Karachi, Indus Motor Company Limited informed Pakistan Stock Exchange that the dividend warrants in respect of first interim cash dividend @ Rs. 25 per share, i.e. 250% for the year ending June 30, 2017 have been dispatched by registered post or through courier service on November 24, 2016. 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, Shezan International Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend @ Rs. 9 per share, i.e. 90% for the year ended June 30, 2016 have been dispatched by registered post or through courier service on November 25, 2016. 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, Tariq Glass Industries Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend for the year ended June 30, 2016 @ Rs. 2.70 per share, i.e. 27% have been dispatched by registered post or through courier service on November 24, 2016. Tariq Glass Industries Limited is a company incorporated in Pakistan on 1978 and it later converted into a public limited company in 1980. The company is principally engaged in manufacturing and sale of glass container, tableware and float glass. The company operates through its brands which are Toyo Nasic, Omroc and Nova. The company operates in the international markets across Europe, Middle East, Africa, Asia and the Far East. The company also has technical collaboration with Toyo Glass of Japan. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The plant has a production capacity of 200 metric tons of glass tableware per day, having a combination of single and double gob press machines as well as H-28 press and blow machines for light weight product ranges. It also has efficient art printing machines. The symbol “TGL” is being used by the stock exchanges for the shares of Tariq Glass Industries Limited.