Habib Bank Limited’s notice of 70th annual general meeting

Karachi: We enclose the Notice of 70th Annual General Meeting to be published in Newspaper (Business Recorder and Jang) as on March 02, 2012 for your information.

The Commissioner Enforcementand Monitoring Division, Securities and Exchange Commission of Pakistan, MC Building Jinnah Avenue, Islamabad

Notice of Annual General Meeting

Notice is hereby given that 70th Annual General Meeting of Habib Bank Limited will be held on Saturday, March 24, 2012 at 9.00 a.m. at the HBL Auditorium, Ground Floor, Habib Bank Tower, Jinnah Avenue, Islamabad to transact the following business:

Ordinary Business:

1. To receive, consider and adopt the Audited Accounts (consolidated and unconsolidated) of the Bank for the year ended December 31, 2011, together with the Reports of the Directors and Auditors thereon.

2. To appoint Auditors for the term ending at the conclusion of the next Annual General Meeting and to fix their remuneration. The retiring Auditors Ernst and Young, Ford Rhodes Sidat Hyder, Chartered Accountants, being eligible, have offered themselves for reappointment.

3. To approve payment of a Final Cash Dividend of Rs. 4/- per share, i.e., 40%, to those who are Shareholders as at close of business on March 16, 2012, in addition to the 30% Interim Cash Dividend (i.e., Rs. 3 per share) already paid, as recommended by Directors.

4. To elect 7 Directors of the Bank, as fixed by the Board of Directors of the Bank under the provisions of Section 178 of the Companies Ordinance 1984, for a period of 3 years, commencing from March 27, 2012. The retiring Directors are:

i. Mr. Sultan Ali Allana
ii. Mr. R. Zakir Mahmood
iii. Mr. Moez Ahamed Jamal
iv. Mr. Sajid Zahid
v. Mr. Ahmed Jawad
vi. Mr. Mushtaq Malik
vii. Mr. Sikandar Mustafa Khan

Special Business:

5. To authorize the issuance of Bonus Shares in proportion of 10 shares for every 100 shares held, that is at the rate of 10%, to those Shareholders whose names appear in the register of members at close of business on March 16, 2012 and to approve the disposal of fractional shares created out of the issuance of bonus shares.

6. To consider and, if thought fit, to approve an increase in the authorized capital of the Company from Rs. 13.8 billion to Rs. 30 billion by the creation of 1,620 million ordinary shares of Rs. 10 each and to accordingly amend Article V of the Memorandum of Association.

The aforesaid amendment shall be implemented once all regulatory approvals are in place.

7. To re-confirm the remuneration/fee payable to the newly elected Non-Executive Directors and Chairman of the Bank on the same terms and conditions as earlier approved in the 68th Annual General Meeting held on March 27, 2010.

A Statement of Material Fact under Section 160(1)(b) of the Companies Ordinance 1984 relating to the aforesaid Special Business to be transacted at the said Annual General Meeting has been despatched to the Shareholders of the Bank along with the Annual Report for the year ended December 31, 2011.

Any Other Business:

8. To consider any other business with the permission of the Chair.

Notes:

1) The Share Transfer Books of the Bank will be closed and no transfer will be accepted for registration from March 17, 2012 to March 24, 2012 (both days inclusive).

2) A Member, entitled to attend, speak and vote at the General Meeting is entitled to appoint another person as his/her proxy to attend, speak and vote instead of him/her and a proxy so appointed shall have such rights, as respects attending, speaking and voting at the General Meeting as are available to the Member. Proxy Forms, in order to be effective, must be received at the Registered Office of the Bank not less than 48 hours before the Meeting. The proxy for an individual Shareholder needs to be a Member of the Bank.

3) Members are requested to notify us immediately of any change in their Registered Address currently available with us.

4) The Office of the Registrar of the Bank is located at Messrs THK Associates (Pvt.) Ltd., Ground Floor, State Life Building No. 3, Dr. Ziauddin Ahmed Road, Karachi.

5) Members who have not yet submitted photocopy of their Computerized National Identity Cards (CNIC) to the Company are requested to send the same at the earliest.

CDC Account Holders wilt further have to follow the under mentioned guidelines as laid down in Circular 1 dated 26 January 2000 issued by the Securities and Exchange Commission of Pakistan:

A. For Attending the Meeting:

i) In case of individuals, the account holder or sub-account holder and/or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall authenticate his identity by showing his original Computerized National Identity Card (CNIC), or original passport at the time of attending the meeting. CDC Account Holders are also requested to bring their CDC participant ID numbers and account number.

ii) In case of a corporate entity, the Board of Directors’ resolution/power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the meeting.

B. For Appointing Proxies:

i) In case of individuals, the account holder or sub-account holder and/or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall submit the proxy form as per the above requirement (note 2 above).

ii) The proxy form shall be witnessed by two persons whose names, addresses and CNIC numbers shall be mentioned on the form.

iii) Attested copies of CNIC or the passport of the beneficial owners and the proxy shall be furnished with the proxy form.

iv) The proxy shall produce his original CNIC or original passport at the time of the meeting.

v) In the case a corporate entity, the Board of Directors’ resolution/power of attorney with specimen signature of the proxy holder shall be submitted (unless it has been provided earlier) along with proxy form to the Company.

For more information, Contact:
Habib Bank Limited
Corporate Secretariat,
12th Floor, HBL Plaza,
I. I. Chundrigar Road Karachi.
P: 021-2440991
F: 021-2415623

Lotte Pakistan PTA Limited’s annual general meeting -book closure dates

Karachi: The Fourteenth Annual General Meeting of Lotte Pakistan PTA Limited (LOTPTA) is proposed to be held on Thursday, 27 March 2012 and the share transfer books of the Company are proposed to be closed from 21 March 2012 to 27 March 2012 (both days inclusive) for the purposes of determination of entitlements to attend the Annual General Meeting.

Press Notice Announcing Annual General Meeting

Enclosed please find a copy of the Notice of Annual General Meeting scheduled on 27 March 2012, which is being issued for publication in the newspapers on 5 March 2012.

Notice is hereby given that t he Fourteenth Annual General Meeting of Lotte Pakistan PTA Limited held on Tuesday, 27 March 2017 at 11:00 a.m. at the Institute of Chartered Accountants of Pakistan (ICAP) auditorium , Accountants Avenue, Clifton, Karachi to transact the following business:

Ordinary Business

1. To receive and consider the Balance Sheet and Profit and Loss Account together with the directors’ and Auditor’s Reports for the year ended 31 December 2011.

2. To declare in respect of the year ended 31 December 2011 a dividend as recommended by the Directors of the Company of Rs. 0.50 per ordinary share of Rs. 10 each of the Company, that is a dividend of 3 % on the nominal value of the shares of the Company, to be paid to those members whose names are entered in the Register or Members as at 21 March 2012.

3. To appoint the Auditors of the Company and to fix their remuneration.

Notes:

1. The Register of Members and the Share Transfer Books of the Company will be closed from Wednesday, 21 March 2012 to Tuesday, 27 March 2012 (both days inclusive) for the purpose of the Annual General Meeting.

2. Entitlement to dividend and to attend the 14th Annual General Meeting as a Member will be according to the Members Register as at 21 March 2012.

3. Only those persons whose names appear in the Register of Members of the Company as at 27 March 2012 are entitled to attend and participate in and vote at the Annual General Meeting.

4. A member of the Company entitled to attend and vote may appoint another member as his / her proxy to attend and vote instead of him / her. Proxies must be received at the Registered Office of the Company not less than 48 hours before the time of the holding of the Meeting.

5. Members are requested to notify immediately changes. If any, in their registered address.

6. CDC Account Holders will further have to follow the under mentioned guidelines as laid down in Circular 1 dated 26 January 2000 issued by the Securities and Exchange Commission of Pakistan.

A. For Attending the Meeting:

i) In case of individuals, the account holders or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulation, shall authenticate his / her identity by showing his / her original Computerized National Identity Card. (CNIC) or Original Passport at the time of attending the Meeting.

ii) In case of corporate entity, the Board of Director’s resolution/ power of attorney with signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Meeting.

B. For Appointing Proxies:

i) In case of individuals, the account holder or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall submit the proxy form as per the above requirement.

ii) The proxy form shall be witness by two persons whose names, address and CNIC numbers shall be mentioned on the form.

iii) Attested copies of CNIC or the passport of the beneficial owners and the proxy shall be furnished with the proxy form.

iv) The proxy shall produce his / her original CNIC or original passport at the time of the meeting.

v) In case of corporate entity, the Board of Director’s resolution / power of attorney with specimen signature shall be submitted (unless it has been provided earlier) along with proxy to the Company.

For more information, Contact:
Lotte Pakistan PTA Limited
EZ/1 -P-4, Eastern Industrial Zone,
Port Qasim, P.O. Box 723,
Karachi – 74200, Pakistan
UAN: +92 021 111 782 111
Facsimile: +92 021 3472 6004
Website: www.lotte-ppta.com

Saritow Spinning Mills Limited’s notice of extraordinary general meeting closure of share transfer books

Karachi: We enclose herewith copy of Notice of Extraordinary General Meeting to be held on Saturday March 24, 2012 for record in your office.

The Share Transfer Books of the Company will remain closed from March 24, 2012 to March 30, 2012 (both days inclusive).

Secretary

Notice of Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of Shareholders of Saritow Spinning Mills Limited will be held on Saturday March 24, 2012 at 11:00 A.M. at 17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore the Registered Office of the Company to transact the following business:

1. To confirm the minutes of Last Annual General Meeting held on January 31, 2012.

2. To elect Seven Directors as fixed by the Board under Sections 178 and 180 of the Companies Ordinance, 1984 for a. period of three years. The following Directors retire and are eligible for re-election;

1. Mr. M. Naseem Saigol
2. Mr. Nt Azam Saigol
3. Mr. M Omer Farooq
4. Mr. M. Sarnir Saigol
5. Mr. Muhammad Ather Rafiq
6. Mr. Rashid Ahmed Javed
7. Syed Haroon Rashid (NIT Nominee)

3. Any other business with the permission of the Chair.

Notes:

1. The Share transfer books of the Company will remain closed from 24-03-20 12 to 30-03-2012 (both days inclusive)

2. Any person who seeks to contest the Election of Directors shall file with the Company at its Registered Office, 17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore, not later than fourteen days before the day of the Meeting, his/her intention to offer himself/herself for Election of Directors in terms of Section 178(3) of the Companies Ordinance, 1984 along with his/her consent to act as Director, if elected. Such consent should be accompanied by the following declaration:

a. I am aware of my duties and powers under the relevant law(s) and the Memorandum and Articles of Association of Saritow Spinning Mills Limited and the Listing Regulations of Stock Exchanges of Pakistan.

b. I am not serving as Directors of more than ten other listed Companies.

c. I am a registered tax payers at NTN #

d. I have not been convicted by a court of competent jurisdiction as a defaulter in payment of any loan to banking Company, Development Financial Institution or a Non Banking Financial Institution or I being a Member of a Stock Exchange have not been declared as a defaulter by such Stock Exchange.

e. Neither I nor my Spouse is engaged in the business of Stock Brokage.

3. A member entitled to attend and vote at this meeting may appoint another Member as his/her proxy Proxies in order to be effective, must be received at 17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore, the Registered Office of the Company not later than forty-eight hours before the time for holding the meeting and must be duly stamped, signed and witnessed.

4. Members whose shares are deposited with (CDS) are requested to bring their original National Identity Cards or original Passport alongwith their Account Numbers in CDS for attending the meeting.

5. Members are requested to notify the Company Registrar of any change in their addresses, if any.

For more information, Contact:
Saritow Spinning Mills Limited
17 – Aziz Avenue,
Canal Bank, Gulberg – V,
Lahore- 54660, Pakistan.
Ph: 042-35715029-31
Fax: 042-35715015
E-mail: azamsaritow@saigols.com

Nestle Pakistan Limited’s notice of general meeting

Karachi: Please find enclosed a copy of Notice of Annual General Meeting scheduled to be held on Tuesday, March 27, 2012 for circulation amongst your members.

Notice is hereby given that the 34th Annual General Meeting of Nestle Pakistan Limited will be held at 11:00 a.m. on Tuesday, March 27, 2012 at 309 – Upper Mall, Lahore, to transact the following business:

Ordinary Business

1. To receive, consider and adopt the Audited Accounts of the company for the year ended December 31, 2011 together with the Directors’ and Auditors’ reports thereon.

2. To appoint Auditors and fix their remuneration for the year ending December 31, 2012. The present Auditors M/s, KPMG Taseer Hadi and Co., Chartered Accountants, retire and being eligible have offered themselves for reappointment.

3. To declare final dividend. The Directors have recommended the final dividend of 400% i.e. Rs.40 per share for the year ended December 31, 2011. This is in addition to 250% already paid during the year 2011.

4. To transact any other business with the permission of the Chair.

For more information, Contact:
Nestle Pakistan Limited
308-Upper Mall, P. O. Box: 874
Lahore-Pakistan, 74200 Pakistan
Tel: (92-42) 111-637-637
Fax: (92-21)35789303

Nishat (Chunian) Limited’s notice of extra ordinary general meeting

Karachi: Enclosed please find a copy of the Notice of Extra Ordinary General Meeting which will be published in Urdu and English newspapers on March 3, 2012 for circulation amongst your members.

Notice of Extra Ordinary General Meeting

Notice is hereby given that an Extra Ordinary General Meeting of members Nishat (Chunian) Limited will be held at 31-Q, Gulberg II Lahore at 10:00 a.m. Saturday 31 March 2012 to transact the following business.

1. To confirm the minutes of last general meeting.

2. To elect seven Directors of the Company for a period of three years in accordance with the provisions of the Companies Ordinance, 1984 in place of following retiring Directors.

1. Mr. Muhammad Saleem
2. Mrs. Farhat Saleem
3. Mr. Shahzad Saleem
4. Mr. Aftab Ahmad Khan
5. Mr. Mushtaq Ahmad
6. Mr. Manzar Mushtaq
Mr. Manzoor Ahmad

The Board of Directors has fixed the number of elected Directors as seven. All retiring directors being eligible offer themselves for re-election.

3. To transact the any other business with the permission of the Chair.

Note:

1. The member Registrar will remain closed from 25 March 2012 to 31 March 2012 (both days inclusive). Transfers received at the Registered Office of the Company by the close of business on 24th March 2012 will be entertained.

2. Nomination from the members for the Office of Directors must be received atleast 14 clear days before the time of the Extra Ordinary General Meeting at the registered office during working hours.

3. A member eligible to attend and vote at this meeting may appoint another member as proxy to attend and vote in the meeting. Proxies in order to be effective must be received by the Company at the Registered Office not later than 4 hours before the time for holding the meeting.

4. Shareholders are requested to immediately notify the changes in address, if any.

5. CDC account holders will further have to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.

a. For attending the meeting

i. In case of Individuals, the account holder or sub-account holder and/ or the person whose securities are in group account and their authenticate his/ her identity by showing his original Computerized National Identity Card (CNIC) or Original Passport at the time of attending the meeting.

ii. In case of Corporate entity, the Board of Directors resolution/ power of attorney with specimen signatures of the nominee shall be produced (unless it has been provided earlier) at the time of the meeting.

b. for appointing proxies.

i. In case of Individuals, the account holder or sub-account holder and/ or the person whose securities are in group account and their registration details are uploaded as per the Regulations, shall submitted proxy form as per the above requirement.

ii. The proxy shall be witnessed by two persons whose names addresses and CNIC numbers shall be mentioned on the form.

iii. Attested copies of CNIC or the passport of the beneficial owners and the proxy shall be furnished with the form.

iv. The proxy shall produce his original CNIC or original passport at the time of the meeting.

v. In case of Corporate entity, the Board of Directors’ resolution/ power of attorney with specimen signatures shall be submitted (Unless it has been provided earlier) along with proxy form to the Company.

For more information, Contact:
Nishat (Chunian) Limited
31-Q, Gulberg II,
Lahore- 54660, Pakistan
Tel: 92-42-35761730
Fax: 92-4235878696
E-mail: info@nishat.net

Al-Abbas Sugar Mills Limited’s urgent board meeting

Karachi: This is to inform you that an urgent meeting of the of the Board of Directors of the Company will be held at 04:00 PM on Monday, March 05, 2012, at Head office of the Company, to consider the construction of two molasses tanks having capacity of 12,000 M.T each and to discuss and approve the lease agreement of small furnaces located at Dhabeji unit for production of ferroalloys product.

For more information, Contact:
Al-Abbas Sugar Mills Limited
Pardesi House, Survey No. 2/1, R.Y. 16
Old Queens Road Karachi-74000
UAN: (92-21) 111-111-224
Fax: (92-21) 2470090
E-mail: sugar@cyber.net.pk
Web: www.aasml.com

Faysal Bank Limited’s change in date and time of the annual general meeting and book closure

Karachi: Further to our letter dated February 29, 2012, we wish to inform you that the Annual General Meeting of Faysal Bank Limited (FABL) is rescheduled and now will be held on Wednesday March 28 2012 at 10:00 am- instead of Thursday, March 29, 2012 at 9:00 a.m. Karachi.

The Book closure of the Bank has been revised from March 21, 2012 to March 28, 2012 (both days inclusive) Transfers received at the office of our Shares Registrar, M/s. Noble computer Services (Pvt.) Ltd., First Floor, House of Habib Building (Siddiqsons Tower), 3-Jinnah Co-operative Housing Society, Main Shahrah-e-Faisal. Karachi at the dose of business on March 20, 2012 will be treated in time for the purpose of entitlement to attend the said AGM.

For more information, Contact:
Faysal Bank Limited
Faysal House, ST.02, Shahrah-e-Faisal,
Karachi, Pakistan.
UAN: 021 111 747 747
Tel: 021 3279 5200
Fax: 021 3279 5228