Karachi, Yousaf Weaving Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on December 30, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a loss of Rs. 27,753,525 with loss per share 0.69 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Yousaf Weaving Mills Limited is a company incorporated in Pakistan as a public limited company on January 17, 1988. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is engaging in the business of textile weaving, spinning and sale of processed fabrics, home textile and dairy products. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Chakwal. The symbol “YOUW” is being used by the stock exchange for the shares of Yousaf Weaving Mills Limited.

Karachi, Chakwal Spinning Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on December 30, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a loss of Rs. 68,799 with loss per share 1.72 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Chakwal group has around 160,000 spindles, which are operationally organized into 6 spinning units; the entire machinery is from world-renowned manufactures. Chakwal Spinning consists of 34,552 Spindles. The flag ship company of Chakwal Group is Kohinoor Spinning comprising of 80,000 spindles, distributed into three separate units which are tailor made to make specialized yarns. The unit has its own in house doubling and is capable of producing 75 tons of cotton and blended yarn per day. The symbol “CWSM” is being used by the stock exchanges for the shares of Chakwal Spinning Mills Limited.

Karachi, East West Life Assurance Company Limited informed Pakistan Stock Exchange that their right share subscription is under subscribed on the last payment date. Now the company arranges payment of under subscribed right shares as per term and condition of the underwriting agreement the Company. Further, the Company also furnished auditor certificate thereof confirming receipt of full amount in cash of right issue. East West Life Assurance Company Limited is a company established in the year 1992 at Quetta under the name of The Metropolitan Life Assurance Company of Pakistan Limited. The foundations of the company are laid under the Companies Ordinance, 1984. The name of the company was changed to East West Life Assurance Company Limited in 2008. The sponsors of the company were already engaged in general insurance business under the name of East West Insurance Company Limited. The company commenced underwriting life insurance business and made progress in the field of life and health insurance businesses. The company has nearly 20 offices nationwide and is a member of the Insurance Association of Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “EWLA” is being used by the stock exchanges for the shares of East West Life Assurance Company Limited.

Karachi, Bank Al-Habib Limited informed Pakistan Stock Exchange that the resolutions adopted by the shareholders in the extraordinary general meeting held on December 27, 2016 at Multan. Bank Al-Habib Limited is a banking company incorporated in Pakistan on October 15, 1991 as a public limited company under the Companies Ordinance, 1984. It is a scheduled bank principally engaged in the business of commercial banking. The registered office of the company is located in Multan and the principle place of business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The bank has a network of 320 branches, 96 sub-branches and 3 representative offices. The branch network of the bank includes a wholesale branch in the Kingdom of Bahrain, a branch in Karachi Export Processing Zone and 17 Islamic Banking Branches. The bank has also invested in 66.67% shares of Al-Habib Capital Markets Private Limited. The symbol “BAHL” is being used by the stock exchanges for the shares of Bank Al-Habib Limited.

Karachi, Sindh Abadgar’s Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company is scheduled on December 30, 2016 hence it will be in progress. Sindh Abadgar’s Sugar Mills Limited is a company incorporated in Pakistan. The provisions and directives of the Companies Ordinance, 1984 prevail within the organization. The company is engaged in the business of manufacturing sugar. The registered office of the company is located in Karachi. The operations of the company are ISO certified. The factory of the company is located in Tando Mohammad Khan, Sindh. The symbol “SASML” is being used by the stock exchange for the shares of Sindh Abadgar’s Sugar Mills Limited.

Karachi, Archroma Pakistan Limited informed Pakistan Stock Exchange about the special resolution passed at the 21st annual general meeting of the company held on December 30, 2016. 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, BIPL Securities Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on January 20, 2017 at Karachi. The agenda of the meeting will be elect seven directors in accordance with section 178(1) of the Companies Ordinance, 1984 for a period of three year commencing from January 28, 2017 in place of retiring directors. Further, the closed period of the company is from January 14, 2017 to January 20, 2017 (both days inclusive). BIPL Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsidiary of KASB Bank Limited which acts as a parent company. The holding includes 77.12% of the shares of the group. The operations of the company were effectively commenced from January 01, 2003. The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh. The shares of the company are listed on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has corporate membership of the Karachi Stock Exchange Limited and Pakistan Mercantile Limited. The company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking. The company also invests in a mix of listed and unlisted equity and debt securities, economic research and advisory services. The subsidiary of the company is Structured Venture Limited which was incorporated in Pakistan on June 25, 2010. It is wholly owned by KASB Securities Limited. The symbol “KASBSL” is being used by the stock exchange for the shares of KASB Securities Limited.