Dubai, Feb. 20, 2018 (GLOBE NEWSWIRE) — Newgen Software, a provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) platforms, today announced the launch of iBPS Robotic Process Automation Suite. Speaking about the new offering, Diwakar Nigam, MD & Chairman, Newgen Software said, “Most organizations rely on enormous amounts of […]

Karachi, Trust Investment Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 27, 2018 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from February 21, 2018 to February 27, 2018. Trust Investment Bank Limited was incorporated in 1992 as a public limited company under the Companies Ordinance, 1984. The company is mainly engaged in the business of investment finance services. It is classified as a Non-Banking Finance Company and is regulated by the Securities and Exchange Commission of Pakistan. The registered office of the company is located in Lahore. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. Trust Capital Private Limited is the subsidiary of Trust Investment Bank Limited. TCPL is engaged in the business of stock brokerage, portfolio management and trading in listed securities on all the three Stock Exchanges of Pakistan. The banks portfolio includes services related to financial products i.e. trade finance, factoring, term loans, investment advisory services, syndication and trusteeship services etc. The bank serving clients in the urban centers like Karachi, Lahore, Faisalabad & Islamabad as well as smaller towns like Multan & Peshawar. Besides this the bank works with local and international financial institutions for local or foreign currency syndications. Fixed term deposits and services are managed by the bank. The symbol “TRIBL” is being used by the stock exchange for the shares of Trust Investment Bank Limited.

Karachi, NishatChunian Power Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 27, 2018 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from February 20, 2018 to February 27, 2018. NishatChunian Power Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company started its commercial operations on July 21, 2010. The company is a subsidiary of Nishat (Chunian) Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station having gross capacity of 200 MW and net capacity of 195.722 MW at District Kasur, Punjab. The company has a Power Purchase Agreement with its sole customer, National Transmission and Despatch Company Limited for twenty five years which commenced from July 21, 2010. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The plant is combined cycle with 11 reciprocating engines and a heat recovery steam turbine. Net output of the project is 195.722 MWh. The primary fuel of the plant is Residual Furnace Oil. NCPL is an active member of Independent Power Producers Advisory Council. The symbol “NCPL” is being used by the stock exchanges for the shares of NishatChunian Power Limited.

Karachi, Thal Industries Corporation Limitedinformed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company will be held on February 25, 2018 at Lahore for fixing the number of Directors to be elected for the next term of three years commencing from March 31, 2018 by holding Extraordinary General Meeting of the Company. The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan. The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD. The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.

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