March 30, 2018 - AsiaNet-Pakistan

Archive for March 30th, 2018

Board of directors meeting of Dar-es-Salaam Textile Mills Limited

March 30, 2018 |

Karachi, Dar-es-Salaam Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April06, 2018, to consider the future business plans of the Company. Further, the company has declared the closed period from March30, 2018 to April06, 2018. Dar-Es-Salaam Textile Mills Limited is one of the Textile Products in Lahore, Punjab, located in 63-B-1, Gulberg-III. It is listed on Pakistan Stock Exchange. The symbol “DSML” is being used by the stock exchange for the shares of Dar-Es-Salaam Textile Mills Limited.

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Board of directors meeting of Shakarganj Limited

March 30, 2018 |

Karachi, Shakarganj Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 05, 2018 at Lahore to consider and approve the investment in associated undertaking through acceptance of Right Shares. Further, the company has declared the closed period from March 01, 2018 to April 01, 2018. Shakarganj Limited was incorporated in Pakistan in 1967 as a Public Limited Company and is listed on Pakistan stock exchange.Shakarganj is a leading manufacturer of food products, bio fuel and building materials as well as textiles. They transform renewable crops such as sugarcane and cotton into value added products comprising of refined sugar, textiles, bio fuels and building materials in addition to generating bio power from biogas. Shakarganj has two manufacturing facilities in the Jhang District and a registered office in Lahore. Shakarganj, through its interest in Shakarganj Food Products Limited, is also active in production of dairy and fruit products and is one of the leading brands in the Pakistan retail market. The symbol “SGML” is being used by the stock exchange for the shares of Shakarganj Limited.

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India and Pakistan should have future different from past: Indian High Commissioner

March 30, 2018 | General Business News

Lahore, March 30, 2018 (PPI-OT): Indian High Commissioner Ajay Bisaria has said that India and Pakistan should have future different…

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ICCI for finalizing Federal Budget 18-19 in consultation with private sector

March 30, 2018 | General Business News

Islamabad, March 30, 2018 (PPI-OT): Sheikh Amir Waheed, President, Islamabad Chamber of Commerce and Industry has called upon the government…

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Seminar on Web Based One Customs System held

March 30, 2018 | General Business News

Karachi, March 30, 2018 (PPI-OT): Trade Development Authority of Pakistan (TDAP), sub-regional office, Hyderabad organised a seminar on WeBOC (Web…

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Pakistani trade delegation holds second business forum in industrial city of Sousse

March 30, 2018 | General Business News

Karachi, March 30, 2018 (PPI-OT): A Pakistani trade delegation consisting of 8 companies organized by TDAP is currently visiting Tunisia.…

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Board of directors meeting of Bankislami Pakistan Limited

March 30, 2018 | Board Meetings

Karachi, Bankislami Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 06, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from March 29, 2018 to April 06, 2018. The State Bank of Pakistan declared Bank Islami Pakistan Limited as a Scheduled Bank with effect from March 17, 2006. BankIslami started its Banking operations on April 7, 2006 in Karachi. The idea of Bank Islami was conceptualized by Jahangir Siddiqui & Company Limited and Randeree family in late 2003. Mr. Hasan A. Bilgrami was appointed as Adviser to the sponsors on March 16, 2004 for formalizing the idea. He presented the concept paper of Bank Islami to sponsors on March 24, 2004. A detailed business plan was then prepared and a formal application was submitted to the State Bank of Pakistan on May 26, 2004. On September 26, 2005, Dubai Bank joined the Sponsors and became one of the founding shareholders of Bank Islami by investing 18.75% in the total Capital. By the end of 2013, the bank possessed 201 branches in 77 cities nationwide. Under the Islamic banking policy of 2003 the bank acquired its Islamic banking license in 2005. The registered office of the company is located in Karachi. The core business area of the bank includes wealth management including shariah compliant and retail banking products, proprietary products and third party products. Financial planning service is also an important part of the process. The symbol “BIPL” is being used by the stock exchange for the shares of Bank Islami Pakistan Limited.

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Board of directors meeting of Premier Insurance Limited

March 30, 2018 | Board Meetings

Karachi, Premier Insurance Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 07, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from March 31, 2018 to April 07, 2018. Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The products of the company includes property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance, group health insurance and specialized insurance. The symbol “PINL” is being used by the stock exchanges for the shares of Premier Insurance Limited.

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Board of directors meeting of Unilever Pakistan Foods Limited

March 30, 2018 | Board Meetings

Karachi, Unilever Pakistan Foods Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 27, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2018. Further, the company has declared the closed period from March 28, 2018 to April 30, 2018. 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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Monetary Policy Statement

March 30, 2018 | General Business News

Karachi, March 30, 2018 (PPI-OT): The latest information since MPC’s meeting in January 2018 reveals that the prospects of achieving…

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Commerce secretary hails PRGMEA role in exports promotion

March 30, 2018 | General Business News

Lahore, March 30, 2018 (PPI-OT): Federal Secretary of Commerce Younus Dagha has said that high cost of doing business and…

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Karandaaz Pakistan spearheads FinTech Domain in Pakistan

March 30, 2018 | General Business News

Karachi, March 30, 2018 (PPI-OT): Grantees of Karandaaz Pakistan FinTech Disrupt Challenge showcased innovative technology-based solutions for financial sector at…

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