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Elections / Appointments

This category covers all news related Elections / Appointments

Appointment of directors of Engro Corporation Limited

Karachi: Engro Corporation Limited informed Karachi Stock Exchange about co-opted of Mr. Mansur Khan as Director in place of Mr. Hasan Reza with effect from June 05, 2015. The announcement is available at http://www.kse.com.pk/notices-updates/detail2.php?0.030695054680109024&id=4&nid=066730 Engro Corporation Limited is a publically listed company incorporated in Pakistan under the Companies Ordinance, 1984. The company is engaged in the business of managing investments in subsidiary companies and joint venture, engaged in chemical fertilizers, PVC resin manufacturing, food, energy, exploration, LNG and liquid chemical terminal and storage businesses. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The business ventures of the company started in 1957 from the search for oil by Pak Stanvac an Esso/Mobil joint venture which led to the discovery of the Mari Gas field near Daharki. Later, Esso proposed the establishment of a urea plant in that area which led to a fertilizer plant agreement signed in 1964. In the subsequent year, Esso Pakistan Fertilizer Company Limited was incorporated, with 75% of the shares owned by Esso and 25% by the general public. The subsidiary companies of the group are Engro Fertilizers Limited, Engro Foods Limited, Engro Polymers And Chemicals Limited, Engro Powergen Limited, Engro EXIMP Private Limited, Engro Vopak Terminal Limited and Elengy Terminal Pakistan Limited. The symbol “ENGRO” is being used by the stock exchange for the shares of Engro Corporation Limited.

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Pakistan Engineering Company Limited appoints new Director

Karachi: Pakistan Engineering Company Limited informed Karachi Stock Exchange about appointment of Mr. Naveed Nazir as director on the board in place of Mr. Muhammad Arif Azim. “Pakistan Engineering Company Limited is a company incorporated in Pakistan on February 15, 1950. The foundations of the company are laid under Companies Ordinance, 1984 as a public limited company. The company is principally engaged in the manufacturing and sale of engineering products. The major products of the company are electricity transmission and communication towers, electric motors, pumps and steel rolled products etc. The main operations of the company comprise of structure, pumps, electric motor, foundry and rolling mills division of the company which form its main operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is located at Lahore. The symbol “PECO” is being used by the stock exchanges for the shares of Pakistan Engineering Company Limited. ”

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Appointment of Company Secretary of Baluchistan Wheels Limited

Karachi: Baluchistan Wheels Limited informed Karachi Stock Exchange about appointment of Mr. Muhammad Yasin Ladha as Company Secretary with effect from May 15, 2015 in place of Mr. Irfan Ahmed Qureshi due to his retirement. Baluchistan Wheels Limited was incorporated in Pakistan on June 16, 1980. The company manufactures automotive wheel rims for trucks, buses, tractors, cars and mini commercial vehicles. The registered office of the company is located in Karachi. The factory of the company is located in Baluchistan. The stocks of the company are quoted on the Karachi Stock Exchange. The symbol “BWHL” is being used by the stock exchanges for the shares of Baluchistan Wheels Limited.

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Appointment of Directors of Honda Atlas Cars Pakistan Limited

Karachi: Honda Atlas Cars Pakistan Limited informed Karachi Stock Exchange about appointment of Directors for a period of three years after election of directors on April 29, 2015. Honda Atlas Cars Pakistan Limited is a public limited company incorporated in Pakistan on November 4, 1992. The Company is a subsidiary of Honda Motor Company Limited, Japan. The principal activities of the company is assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July, 1994. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The symbol “HCAR” is being used by the stock exchange for the shares of Honda Atlas Cars.

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Appointment of Chief Executive Officer of Engro Corporation Limited

Karachi: Engro Corporation Limited informed Karachi Stock Exchange about appointment of Mr. Khalid Siraj Subhani as Chief Executive Officer of the company with effect from May 12, 2015 in place of Mr. Aliuddin Ansari. Engro Corporation Limited is a publically listed company incorporated in Pakistan under the Companies Ordinance, 1984. The company is engaged in the business of managing investments in subsidiary companies and joint venture, engaged in chemical fertilizers, PVC resin manufacturing, food, energy, exploration, LNG and liquid chemical terminal and storage businesses. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The business ventures of the company started in 1957 from the search for oil by Pak Stanvac an Esso/Mobil joint venture which led to the discovery of the Mari Gas field near Daharki. Later, Esso proposed the establishment of a urea plant in that area which led to a fertilizer plant agreement signed in 1964. In the subsequent year, Esso Pakistan Fertilizer Company Limited was incorporated, with 75% of the shares owned by Esso and 25% by the general public. The subsidiary companies of the group are Engro Fertilizers Limited, Engro Foods Limited, Engro Polymers And Chemicals Limited, Engro Powergen Limited, Engro EXIMP Private Limited, Engro Vopak Terminal Limited and Elengy Terminal Pakistan Limited. The symbol “ENGRO” is being used by the stock exchange for the shares of Engro Corporation Limited.

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Appointment of Company Secretary of Ali Asghar Textile Mills Limited

Karachi: Ali Asghar Textile Mills Limited informed Karachi Stock Exchange about appointment of Mr. Muhammad Suleman as Company Secretary with effect from May 9, 2015. Ali Asghar Textile Mills Limited is a company incorporated in Pakistan. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The products manufactured by the company include compact yarn, polyester yarn and viscose yarn. The symbol “AATM” is being used by the stock exchange for the shares of Ali Asghar Textile Mills Limited.

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