شنگھائی، 20 جنوری 2017ء/پی آرنیوزوائر/– یونین پے انٹرنیشنل نے آج اعلان کیا کہ اس نے پاکستان سمٹ بینک کے ساتھ اجرا کے معاہدے پر دستخط کیے ہیں۔ فریقین نے بڑے پیمانے پر یونین پے کارڈز کے مشترکہ اجرا پر رضامندی ظاہر کی۔ اب یونین پے بین الاقوامی بینک کارڈ برانڈ بن چکا ہے جو پاکستان […]

Pakistan Stock Exchange Limited Market Position on 20-01-2017 Karachi, January 20, 2017 (PPI-OT): DAILY STOCK MARKET REPORT Market Positi...

Karachi: Sargodha Spinning Mills Limited informed Pakistan Stock Exchange that board of directors of their Company in their meeting held on January 10, 2017 at Lahore hse decided to convene an extraordinary general meeting to consider and if thought fit, approve the sale of Land, Building, Plant and Machinery of the Company located at Faisalabad. Sargodha Spinning Mills Limited is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984. The company is principally engaged in the manufacturing and trading of yarn made from raw cotton and synthetic fibre and trading of fabric of all types and to generate electricity for internal use. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore. The main products of the company are production of 100 % cotton yarn, Polyester Viscose blended yarn and Polyester Cotton blended yarn. The symbol “SRSM” is being used by the stock exchanges for the shares of Sargoda Spinning Mills Limited.

Karachi, Mari Petroleum Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on January 20, 2017. The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2016 which portrayed a profit of Rs. 1,746,449 with earnings per share 16.75 basic and diluted respectively. Further, 30% payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from February 11, 2017 to February 17, 2017 (both days inclusive). Mari Gas Field was originally owned by Pakistan Stanvac Petroleum Project, a joint venture formed in 1954 between Government of Pakistan and M/s Esso Eastern Incorporated, having 49% and 51% ownership interest, respectively. The first gas discovery was made by the Joint Venture in 1957 when the first well in lower Kirthar ‘Zone-B’ Limestone Formation was drilled. Production from the field started in 1967. In 1983, M/s Esso Eastern transferred its entire share to Fauji Foundation, which set up a public limited company for the purpose of acquiring the assets and liabilities of the Project. In 2001, the Company expanded its operations and entered into exploration business. The Company is now a major player in the Country’s oil and gas exploration and production sector operating eleven exploration and production assets (two D&P leases and nine operated blocks) and has partnership with leading national and international E&P companies in six non-operated blocks. To reflect its diversified business operations and expanded activities, the name of the Company was changed from “Mari Gas Company Limited” to “Mari Petroleum Company Limited” (MPCL) in November 2012.

Karachi, Cherat Cement Company Limited informed Pakistan Stock Exchange the Company has successfully installed and commissioned the second line of cement manufacturing along with Waste Heat Recovery Plant at its existing location in Nowshera, Khyber Pakhtunkhwa Province. Further, the production capacity of the Company has increased to around 2.4 million tons per anum Cherat Cement Company Limited is a company incorporated in Pakistan in 1981 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, marketing and sale of cement. It also manufactures high quality grey Portland cement. It is equipped with updated and approved production and quality control systems. It is one of the largest producers and suppliers of cement in the province of NWFP. The production capacity of the company is 2500 tons/ day. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The plant is located near Nowshera and the factory is located near the Cherat Hills. The registered office of the Company is located at in District Nowshera of Khyber Pakhtunkhwa province. The symbol “CHCC” is being used by the stock exchanges for the shares of Cherat Cement Company Limited.

Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange that seven persons have filed with the Company notices of their intention to offer themselves for election as Directors. Habib Sugar Mills Limited is a public limited Company incorporated in Pakistan, with its shares quoted on the Pakistan Stock Exchange. The Company is engaged in the manufacturing and marketing of refined sugar, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities. The symbol “HABSM” is being used by the stock exchanges for the shares Habib Sugar Mills Limited.

Karachi, Unilever Pakistan Foods Limited informed Pakistan Stock Exchange about appointment of Mr. Sohail Hanif Baig as Director and Chief Financial Officer with effect from January 19, 2017 in place of Mr. Ali Tariq. 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.