Karachi, JDW Sugar Mills Limited informed Pakistan Stock Exchange that Mr. Muhammad Rafique has sold his physical 800,000 ordinary shares of the Company @ Rs. 652 per share on January 04, 2017. 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, Service Fabrics Limited informed Pakistan Stock Exchange about appointment of Mr. Zahir Shah as Company Secretary of the company in place of Mr. Zafar Iqbal with effect from January 05, 2017. Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI). The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.

Karachi, Wah Nobel Chemicals Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend @ Rs. 4 per share, i.e. 40% for the year ended June 30, 2016 have been dispatched by registered post or through courier service on December 30, 2016. Wah Nobel is a company founded in 1962 in Pakistan. It is a joint venture between Saab Sweden, Almisehal Saudi Arabia and the Pakistan Ordnance Factories. The foundations of the company are laid on the principals of Companies Ordinance, 1984. Wah Nobel shows safety, reliability, service and commitment in its products. The products of the company are used both locally and internationally. The main product of the company is explosives. It also provides training facilities for its customers. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Wah Cantt. The symbol “WAHN” is being used by the stock exchanges for the shares of Wah Nobel.

Karachi, Allied Bank Limited informed Pakistan Stock Exchange that the share price movements in the shares of the Company and informing that there are no matter of significance in the knowledge of the Company in respect of such changes in the price. Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related services. The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain. The subsidiary of the company includes ABL Asset Management Company Limited. The bank is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is situated at Lahore. The services of the company are in the personal and business banking segment. The services of the bank in the banking segment includes everyday accounts, lifestyle banking, savings and term deposits, credit and debit cards, domestic remittances, banc-assurance and e-banking services. The symbol “ABL” is being used by the stock exchanges for the shares of Allied Bank Limited.

Karachi, EFU Life Assurance Limited informed Pakistan Stock Exchange about transaction of shares of the company. 13,700 shares @ Rs. 215.18 per share were bought from the market on December 29, 2016 and 19,100 shares @ RS. 215.76 per share were bought from the market on December 30, 2016 through CDC. EFU Life Assurance Limited is a company incorporated in Pakistan on August 9, 1992 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The operations of the company started from November 8, 1992. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Islamabad while principal place of business is located at Karachi. The company is engaged in life insurance business which includes ordinary life business, pension fund business and accident and health business and has established statutory funds such as investment linked business, conventional business, pension business and accident and health business as required by the Insurance Ordinance, 2000. The product of the company includes Unit-linked products, Critical Illness Products, Education Planning Product, Inflation Protection Benefit, Pension Plans and Islamic Fund Products. The company is ISO 9001:2008 certified. The symbol “EFUL” is being used by the stock exchanges for the shares of EFU Life Assurance Limited.

Islamabad, January 04, 2016 (PPI-OT): The Hon’ble Chief Justice of Pakistan Mr. Justice Mian Saqib Nisar has taken notice on application of Mr. Asif Nadeem Butt, President-Anjuman Tajran, Chowk Shaheedan, […]

Islamabad, January 04, 2016 (PPI-OT): The U.S. is supporting the Ministry of Commerce with a training workshop on the Trade Facilitation Agreement in Islamabad. The U.S. Agency for International Development […]