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Miscellaneous

This category covers all Miscellaneous news from Asianet Pakistan

PICIC Asset Management Company Limited’s PICIC Energy Fund-conversion from closed end to an open end scheme

Karachi, August 15, 2013 (PPI-OT): Reference to your 1etter no: KSE/C-7-B-3380 dated June 18, 2013 and KSE/N-3479 dated June 10, 2013 please find attached the requisite auditors’ certificate with regards to the conversion of certificates of PICIC Energy Fund into ‘initial’ units of the open-end fund in the swap ratio …

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Cherat Packaging Limited’s commencement of operations of second line of polypropylene plant

Karachi, August 12, 2013 (PPI-OT): We are pleased to inform that Cherat Packaging Limited (CPPL) has successfully installed and commissioned the second line of Polypropylene Plant for producing cement bags. The second line of polypropylene cement bag manufacturing plant has also been acquired from leading European supplier namely M/s. BSW-Windmoller …

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