Karachi, United Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,000 shares @ Rs. 231.00 per share were sold in the market on December 13, 2016 through stock broker. United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.

Karachi, Pakistan International Bulk Terminal Limited informed Pakistan Stock Exchange about transaction of shares of the company. 45,000 shares @ Rs. 35.03 per share were sold in the market on December 13, 2016 through CDC. Pakistan International Bulk Terminal Limited was incorporated under the Companies Ordinance, 1984 on March 22, 2010 as a private limited company. On July 11, 2011, the company was converted as an unquoted public company limited. It is in a start up phase and has its registered office located in Karachi. The company has entered into a build operate transfer contract with the Port Qasim Authority on November 8, 2010 for the exclusive construction, development, operations and management of a coal and clinker/ cement terminals for a period of thirty years. The services of the company include providing dirty cargo terminal in Pakistan with mechanized handling of cargo. The symbol “PIBTL” is being used by the stock exchanges for the shares of Pakistan International Bulk Terminal Limited.

Karachi, Primus Investment Management Limited informed Pakistan Stock Exchange that Pak Brunei Investment Limited which is parent of the Company has entered into an agreement with Army Welfare Trust for sale of 70% shareholding in Company to Army Welfa...

Karachi, Archroma Pakistan Limited informed Pakistan Stock Exchange that the Company as usual has arranged transport facility for its shareholders to attend the Company’s annual general meeting scheduled to be held on December 30, 2016 at Karachi. Archroma Pakistan Limited is a company incorporated in Pakistan The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of producing textile, paper and emulsions businesses of Clairants. The products of the company fall under the category of apparel, home textiles, technical textiles and carpets. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “ARPL” is being used by the stock exchanges for the shares of Archroma Pakistan Limited.

Karachi, J.D.W. Sugar Mills Limited informed Pakistan Stock Exchange that Board of Directors of the Company in their meeting held on December 13, 2016 has approved the incorporation of two wholly owned subsidiaries of the Company for expansion of its existing baggase based power plants. The Sugar Division comprises of three sugar mills Units in the districts of Rahim Yar Khan, Punjab and Ghotki, Sindh. With its combined crushing capacity of 44,500 TCD, it is one of the largest group in the sugar sector and contributes approximately 15-17% of country’s sugar production. The Company has been successful in completing and commissioning its two high-pressure Co-Generation plants at Unit-II (Sadiqabad) and Unit-III (Ghoki). The first 26.6 MW plant at Unit-II achieved commercial operations on 12 June 2014 after clearing all testing, certification and trial run requirements. The second 26.8 MW project at Unit-III achieved commercial operations on 03 October 2014 after similarly completing all pre-commissioning formalities. JDW is also managing Sugarcane Corporate Farms over the area of 24,000 Acres in the Provinces of Punjab & Sindh. By using knowledge, experience together with modern tools and machinery and distinctive agronomic strategies, JDW has been able to build highly efficient and eco-friendly farms with higher yields. Company’s unique farming techniques have also led to the capacity building of existing farmers thereby resulting in improved and reliable cane supply to JDW. The symbol “JDWS” is being used by the stock exchange for the shares of J. D. W. Sugar Mills Limited.

Karachi, Siemens Pakistan Engineering Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Dubai on December 13, 2016. The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2016 which portrayed a profit of Rs. 2,103,952 with earnings per share 255.12 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from January 16, 2016 to January 24, 2016 (both days inclusive). Siemens Pakistan Engineering Company Limited was founded in 1922 in the Indo-Pak region. In 1953 the company was recognized as a private limited company. In 1963 the company was restructured as a public limited company. The business of the company includes operating in the industry sector, energy sector, health care sector, and infrastructure and cities sector. The head office of the company is located in Karachi whereas the regional offices of the company are in Lahore, Islamabad and Quetta. The representative offices of the company are located in Peshawar and Multan. The core operations of the business include supplying high voltage grid stations, switch gear products and systems, power and distribution transformers and network consultancy. The company is engaged in educating the students about the engineering advancements and for this automated labs have been structured. The recent projects of the company in Pakistan include development of the airfield lighting solution for Pakistan’s first green field project, the Benazir Bhutto International Airport in Islamabad, supply, installation, testing and commissioning of an integrated building management system for Dolmen Mall, Karachi and providing smart grid turnkey automation solutions to the Karachi Electric Supply Company Load Dispatch Center. The symbol “SIEM” is being used by the stock exchange for the shares of Siemens Pakistan Engineering Company Limited.

Karachi, Bank Al-Falah Limited informed Pakistan Stock Exchange that the board of directors of Bank in its meeting held on December 13, 2016 at Karachi has approved Bank’s annual budget-2017. Bank Alfalah Limited was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan. The bank has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing. The symbol “BAFL” is being used by the stock exchanges for the shares of Bank Al-Falah Limited.