Karachi, Feroze 1888 Mills Limited informed Pakistan Stock Exchange about appointment of Mr. Mohammad Imran Younus Tola as Chief Financial Officer with effect from November 22, 2016. Feroze 1888 is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in production and export of towels. The company manufactures and exports specialized yarn and textile terry products in Pakistan. The company maintains ISO 9001:2008 certified quality standards. The company is partnered with 1888 Mills (USA) through which the company is recognized as a global manufacturer of quality textile products for home, hospitality and healthcare. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “FML” is being used by the stock exchanges for the shares of Feroze 1888 Mills Limited.
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Transaction of 20,000 shares of Meezan Bank Limited
Karachi, Meezan Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 14,000 shares @ Rs. 59.02 per share, 1,000 shares @ Rs. 61.99 and 5,000 shares @ Rs. 60.99 per share were sold in the market on November 24, 2016 through stock broker. Meezan Bank Limited was incorporated in Pakistan on January 27, 1997, as a public limited company under the Companies Ordinance, 1984. The bank carried on the business of investment banking from July 13, 1987 and was registered as an ‘Investment Finance Company’ on August 8, 1997 in accordance and in conformity with the principles of Islamic Shariah. Certificate of Commencement of Business was issued to the Bank on September 29, 1997. The bank commenced operations as a Scheduled Islamic Commercial Bank from March 20, 2002. The stocks of the bank are quoted on the Karachi Stock Exchange of Pakistan. Its registered office is located at Karachi. The bank is engaged in corporate, commercial, consumer, investment and retail banking activities. The bank was operating through three hundred and ten branches as at December 31, 2012. The symbol “MEBL” is being used by the stock exchanges for the shares of Meezan Bank Limited.
Read More »NTDC Completes Two Transmission Lines to Add 2520 MW into the System
Lahore, November 25, 2016 (PPI-OT): National Transmission and Despatch Company Ltd (NTDC) has completed the construction work of two 500 kV transmission lines under its China Pakistan Economic Corridor (CPEC) […]
Read More »SMEDA organises International Conference on CPEC Opportunities for Local Businesses
Lahore, November 25, 2016 (PPI-OT): The business community of Pakistan, especially the traders and industrialists related with Port, Shipping and Logistics sectors, should start quick planning to reap maximum benefits […]
Read More »Expo/seminar for promotion of SME financing on 19th December 2016
Karachi, November 25, 2016 (PPI-OT): 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 […]
Read More »Minister E&T takes notice of sale of illicit liquor in Karachi
Karachi, November 25, 2016 (PPI-OT): Provincial Minister for Excise and Taxation and Narcotics Control Mukesh Kumar, while taking notice of the news regarding sale of illicit liquor in Karachi, has […]
Read More »Pakistan Army: Four Militants, Two Soldiers Killed In Suicide Attack On Mosque
Pakistan's army and officials say a group of militants attacked a mosque at a military facility in northwestern Pakistan on November 26, leading to a shootout that left four assailants and two soldiers dead.Pakistani army spokesman Asim Bajwa said &hel...
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