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Daily Archives: December 16, 2016

Honor Celebrates Third-year Anniversary with Honor Magic

SHENZHEN, China, Dec. 16, 2016 /PRNewswire/ — Honor, the world’s leading smartphone e-brand for digital natives, celebrated its third-year anniversary with the launch today of Honor Magic, a device packed with disruptive technology set to redefine the expectations of smartphones.

Honor Magic -- to the future

Honor Magic — to the future.

Honor owes its continuous success to its legions of fans all over the world. To express its gratitude to them, Honor is committed to exploring frontier areas of technology to ultimately create outstanding mobile experiences for them. The Honor Magic, the latest addition to Honor’s lineup of cutting-edge devices, exemplifies that very endeavor, and marks the culmination of Honor’s extended R&D efforts in bringing the best of technology to its customers

Underpinned by an unwavering commitment to innovation and quality, Honor’s footprint has increased considerably in the space of just three years to span 74 different countries and regions to this day, with sales revenues topping US$6 billion and 40 million units shipped globally in 2015.

The Futuristic Honor Magic

Honor is constantly exploring new technology applications. The Honor Magic breaks new ground by incorporating artificial intelligence designed to understand and analyze users’ data in order to provide intelligent interactive features.

Powered by a Kirin 950, the Honor Magic features a 5.09-inch 2K AMOLED curved screen. The Honor Magic also sports a stylish and ergonomic design, with a 3D curved glass body.

Designed to support a more intuitive mobile user experience, the Honor Magic boasts intelligent sensor and recognition technology. The WiseScreen sensor enables users to unlock their phone by simply picking up and looking at the screen, the display will automatically turn off and the screen will lock when put down or put in a pocket. The FaceCode intelligent recognition feature, on the other hand, ensures total privacy by only revealing message notifications to the pre-registered face.

To further improve user experience, the Honor Magic houses the Honor Magic Live system, which anticipates users’ needs and facilitate their daily lives by offering a whole host of predictive information. The Honor Magic Live system is, for instance, able to formulate a range of customized recommendations based on users’ social conversations via instant messaging apps — conversations revolving around movies will trigger blockbuster recommendations.

Honor Magic’s Smart Display proactively retrieves and displays practical information, anticipating users’ need. For example, ordering a cab with Honor Magic will trigger the driver’s license plate number to be displayed on the screen.

To make it a truly round-the-clock companion, the Honor Magic uses Huawei Magic Power, a revolutionary proprietary speed charging technology, which recharges 70% of the battery in 20 minutes, and 40% in 10 minutes.1

“The Honor Magic encapsulates our commitment to cutting-edge innovation and technology,” said George Zhao, president of Honor. “Through this launch, we at Honor are telling our fans around the globe that we are genuinely committed to challenging ourselves and willing to disrupt the status quo to ultimately be able to bring the best mobile-internet experience to them.”

Honor’s Global Achievements

Honor’s third-year anniversary caps another successful year for the millennial-centric brand. In 2016, it witnessed record sales across its range of technology-packed devices, solidifying Honor’s position as a leading global smartphone brand.

In France, Honor is a key player in both the EUR200-250 and EUR300-400 segments in April 2016.2 In Sweden and Finland, the Honor 8 leads sales in the EUR400-500 price bracket, while playing a dominant role in the same price range in Russia.3 The Honor 8 also emerged as the best seller on Amazon in Germany and Italy during Black Friday Sales this year.

Honor is proud – and grateful – to have established itself as the go-to brand for digital natives. Looking forward, Honor will continue to focus heavily on innovation that empowers millennials.

About Honor

Honor is a leading smartphone e-brand under the Huawei Group. In line with its slogan, “For the Brave”, the brand was created to meet the needs of digital natives through internet-optimized products that offer superior user experiences, inspire action, foster creativity and empower the young to achieve their dreams. In doing this, Honor has set itself apart by showcasing its own bravery to do things differently and to take the steps needed to usher in the latest technologies and innovations for its customers.

1 Data based on Honor lab test. Battery life may vary based on usage patterns and network conditions.
2 & 3 Source: GFK statistics published in October 2016

Photo – http://photos.prnasia.com/prnh/20161215/0861613631

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Transfer Nominee Share of Unilever Pakistan Foods Limited

Karachi: Unilever Pakistan Foods Limited informed Pakistan Stock Exchange that the Parent Company has been transferred share from Mr. Ali Yaqoob to Mr. Siraj Hassan employee of the Company without consideration. Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly. The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.

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Declaration of Interim Cash Dividend of Cyan Limited

Karachi, Cyan Limited informed Pakistan Stock Exchange that The Company in its meeting held on December 16, 2016 at Karachi has approved and declared interim dividend of Rs. 2.50 per share i.e. 25% this is in addition to interim dividend already paid @ Rs. 2.50 per share i.e. 25%. Further, the interim cash dividend will be paid to the shareholders whose name appears on the register of members on January 12, 2017. Cyan Limited is a public limited company incorporated in Pakistan on April 23, 1960. The foundations of the company are laid under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is a subsidiary of the Dawood Group Limited. The company is engaged mainly in providing funding to Cyan Capital for its private equity investments. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The company is in the phase of restructuring the operations so that new business platforms and dimensions can be explored. On November 30, 2011 the insurance license of the company was also revoked by the Securities and Exchange Commission of Pakistan. The associate companies of Cyan Limited Include Dawood Hercules Corporation Limited, Dawood Lawrencepur Limited, Dawood Corporation Private Limited, Elixir Securities Pakistan Private Limited, Sach International Private Limited, Dawood Industries Private Limited, Patek Private Limited, Pebbles Private Limited, Inbox Technologies Private Limited, Engro Corporation Limited, ABL Assets Management Company Limited, UBL Funds Manager. The symbol “CYAN” is being used by the stock exchange for the shares of Cyan Limited.

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Change of Chairman of Singer Pakistan Limited

Karachi, Singer Pakistan Limited informed Pakistan Stock Exchange about appointment of Mr. Umair Khan as Chairman of the company in place of Mr. Haroon Ahmad Khan with effect from December 16, 2016. Singer Pakistan Limited incorporated in Pakistan as a public company limited by shares. The operations have been running in Pakistan since 1877. The parent company of SPL is Retail Holding N.V., Netherlands. The operations of the company include retailing and trading of domestic consumer appliances and other light engineering products. The company is also engaged in manufacturing and assembling of the same. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The products of the company includes audio products, video products, cooling products, gas appliances, washing machine, motorcycles, sewing knitting and IP, generators, microwave ovens, digital products, small appliances and water purifiers. The symbol “SING” is being used by the stock exchange for the shares of Singer Pakistan Limited.

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Change of Chief Executive Officer of Singer Pakistan Limited

Karachi, Singer Pakistan Limited informed Pakistan Stock Exchange about appointment of Mr. Haroon Ahmed Khan as Chief Executive Officer of the company in place of Mr. M. Mahmood Ahmed with effect from December 16, 2016. Singer Pakistan Limited incorporated in Pakistan as a public company limited by shares. The operations have been running in Pakistan since 1877. The parent company of SPL is Retail Holding N.V., Netherlands. The operations of the company include retailing and trading of domestic consumer appliances and other light engineering products. The company is also engaged in manufacturing and assembling of the same. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The products of the company includes audio products, video products, cooling products, gas appliances, washing machine, motorcycles, sewing knitting and IP, generators, microwave ovens, digital products, small appliances and water purifiers. The symbol “SING” is being used by the stock exchange for the shares of Singer Pakistan Limited.

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Sales of shares of Millat Tractors Limited

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange that Mr. Latif Khalid Hashmi has sold 36,450 shares of the Company on December 14, 2016 and December 15, 2016 through CDC. MIllat Tractors Limited is a company incorporated in Pakistan on June 11, 1964 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal activities of the business are manufacturing agricultural tractors and machinery which includes implements and multi application products. 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 in Sheikhupura. The symbol “MTL” is being used by the stock exchanges for the shares of Millat Tractors Limited.

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Transaction of 84,732 shares of Samba Bank Limited

Karachi, Samba Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 232 shares @ Rs. 7.500 per share, 50,000 shares @ Rs. 7.700 per shares, 2,000 shares @ Rs. 7.710 per share and 32,500 shares @ Rs. 8.000 per share were sold in the market on December 15, 2016 through CDC. Samba Bank Limited is a banking company incorporated in Pakistan. It is engaged in the business of commercial banking and other related services. The Bank is a subsidiary of SAMBA Financial Group of Saudi Arabia, which holds 80.68% shares of the Bank as at December 31, 2012. The registered office of the company is located in Karachi. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The businesses of the bank include providing corporate banking, investment banking, treasury and transactional services to its customers. The symbol “SBL” is being used by the stock exchanges for the shares of Samba Bank Limited.

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