Extraordinary general meeting of Pakcem Limited

Karachi: Pakcem Limited informed Karachi Stock Exchange that extraordinary general meeting of the company will be held on January 21, 2016 at Islamabad.

The agenda of the meeting will be confirming minutes of 23rdannual general meeting held on October 14, 2015 and election of seven directors as fixed by the Board for three years.

Further, the closed period of the company is from January 15, to January 21, 2016 (both days inclusive).

Transaction of 14,500 shares of NIB Bank Limited

Karachi: NIB Bank Limited informed Karachi Stock Exchange about transaction of shares of the company. 14,500 shares @ Rs 1.92 per share were purchased on December 07, 2015 through CDC.

NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad.

The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country.

The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.

Board meeting of Allied Rental Modaraba will be held on October 27, 2015

Karachi: Allied Rental Modaraba informed Karachi Stock Exchange that board of directors meeting of the company will be held on October 27, 2015 at Karachi. The agenda of the meeting is to consider Quarterly Accounts for period ended September, 2015 for declaration of any entitlement.

Further, the Company has declared the closed period from October 21, 2015 to October 27, 2015.

Board of directors meeting of Al- Noor Sugar Mills Limited to be held on July 27, 2015

Karachi: Al- Noor Sugar Mills Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on July 27, 2015 at Registered Office of the Company. The agenda of the meeting is to consider and approve un-audited Accounts for period ended June 30, 2015.

Further, Company has determined a closed period from July 16, 2015 to July 27, 2015.

“Al-Noor Sugar Mills Limited was incorporated in Pakistan on August 08, 1969 as a public limited company under the Companies Act, 1913 now referred to as the Companies Ordinance, 1984. The principal activity of the company is manufacturing sugar, medium density fiber board and power generation. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The manufacturing facilities are located at Shahpur Jahania, District Nawabshah in the province of Sindh.

Al-Noor Sugar Mills Limited is a subsidiary of the Al-Noor Group. The Al-Noor group is engaged in the business of manufacturing white refined sugar, MDF board under the Lasani brand and trading and insurance business. The associated undertakings of the group include Shahmurad Sugar Mills Limited, Shahmurad Distillery Unit, First Al-Noor Modaraba and Reliance Insurance Company Limited.

The symbol “ALNRS” is being used by the stock exchanges for the shares of Al-Noor Sugar Mills Limited.

Interim Distribution for the period ended June 25, 2015

Karachi: United Stock Advantage Fund Limited informed Karachi Stock Exchange that the Chief Executive officer under the authority granted by the Board of Directors UBL Manager Limited, on June 26.2015 has approved interim payout of 1.32% on opening NAV on July 1, 2014 i.e. Rs. 47.0900 which translates into Rs. 0.62 per unit.