General

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 27, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 929,904 with earnings per share 0.78 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Faysal Bank Limited was incorporated in Pakistan on October 3, 1994. The foundations of the company were laid as a public limited company under the Companies Ordinance, 1984. Ithmaar Bank B.S.C., a Bahrain based retail bank, is the parent company of the bank. The business activities of the bank include commercial banking, consumer banking, corporate banking and Islamic banking activities. The bank has a branch network comprising of over more than 265 branches in around 80 cities of Pakistan. The registered office of the bank is situated in Karachi. The stocks of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided. The symbol “FABL” is being used by the stock exchange for the shares of Faysal Bank Limited.

Karachi, Orix Leasing Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 27, 2016. The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 158,456,898 and Rs. 168,285,951 with earnings per share 1.93 and 2.05 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. ORIX Leasing Pakistan Limited is a company incorporated in Pakistan as a private limited company on July 1, 1986 and was converted into a public limited company on December 23, 1987. The foundations of the company are laid under the Companies Ordinance, 1984. The Company is licensed to carry out leasing business as a Non-Banking Finance Company under the Non-Banking Finance Companies (Establishment and Regulations) Rules, 2003 (NBFC Rules) issued by the Securities and Exchange Commission of Pakistan. 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 Karachi. The symbol “OLPL” is being used by the stock exchanges for the shares of Orix Leasing Pakistan Limited.

Karachi, Pakistan Oilfields Limited informed Pakistan Stock Exchange that the dividend warrants in respect of 200% final cash dividend i.e. @ Rs. 10.00 each for the year ended June 30, 2016 have been dispatched to all entitled shareholders. Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company acquired 25% shares within National Refinery Limited. This enabled the company in acquiring a refining complex which manufactures fuel products and lube base oils. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Rawalpindi. The operations of the company include exploration and production of oil and gas. It also manufactures LPG, solvent oil and sulphur. The existing brand of the company is named POLGAS and subsidiary brand CAPGAS private limited. The symbol “POL” is being used by the stock exchange for the shares of Pakistan Oilfields Limited.

سكوتسديل بولاية أريزونا، 20 أكتوبر 2016 (GLOBE NEWSWIRE) – قرر مارك فيليبس، مُبتكِر مسحوق الكحول Palcohol، عرض التركيبة السرية لمشروبات Palcohol الكحولية وإجراءات تصنيعها في مزاد علني وبيعها لأعلى مقدم عرض أسعار في كل من الدول الـ 130. وفي هذا الصدد يقول فيليبس “نرى أنه يمكن تحقيق الاستفادة المثلى من إمكانيات Palcohol من جانب شخص […]

Islamabad, October 27, 2016 (PPI-OT): Meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was held on October 27, 2016 at Bank’s Head Office in Karachi […]

Karachi, October 26, 2016 (PPI-OT): Consul General of Switzerland in Karachi, Philippe Crevoisier called on Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon at her office here on Wednesday. […]

Islamabad, October 26, 2016 (PPI-OT):The Chairman OPF Board of Governors, Barrister Amjad Malik has appreciated E-Learning Initiative of Overseas Pakistanis Foundation for its educational institutions. OPF becomes the first ever […]