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United States Consul General calls on Chairperson Sindh Board of Investment

Karachi, October 06, 2016 (PPI-OT):United States Counsel General, Grace Shelton and Executive Director US Trade department for Asia, International Trade Administration, James Golsen with a delegation, called on Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon at her office here on Thursday. They discussed the matters of mutual interests and increasing trade volume between ...

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Financial results of Baluchistan Glass Limited for period ended June 30, 2016

Karachi, Baluchistan Glass Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 05, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 524,329 with loss per share 3.06 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 24, 2016 to October 31, 2016 (both days inclusive). Baluchistan Glass Limited is a company incorporated in Pakistan. It commenced operations as a public limited company in May 1983. It was acquired by the Gharibwal Group in 1999. The BGL Unit I manufacturing facility is located at Hub in Baluchistan. BGL-II (Ex-Ravi) & BGL-III (Ex- Rachna) are both located on the Lahore. The total capabilities of the units are 36,000 tons, 75,000 tons and 22000 tons per annum respectively. It produces various types of narrow and wide neck glass containers for soft drinks, juices, food, pharmaceuticals and breweries in flint, green & amber. The food and beverage products are sold locally and internationally. The company is ISO 9001:2000 certified. The product lines of the company are Beverages, Food, Pharmaceuticals, Tableware and Plastic Shells. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Baluchistan. The symbol “BGL” is being used by the stock exchanges for the shares of Baluchistan Glass Limited.

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Annual general meeting of Pakistan National Shipping Corporation Limited to be held on October 28, 2016

Karachi, Pakistan National Shipping Corporation Limited informed Pakistan Stock Exchange that 38th annual general meeting of the company is scheduled to be held on October 28, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of 37th annual general meeting held on October 28, 2015, to consider and adopt the audited accounts of the corporation and the consolidated accounts of the company group together with the reports of auditors and directors for the year ended June 30, 2016 and to transact any other business that may be placed before the meeting with the permission of the Chair. Further, the closed period of the company is from October 21, 2016 to October 28, 2016 (both days inclusive). Pakistan National Shipping Corporation is a company established in Pakistan. It was established under the provisions of the Pakistan National Shipping Corporation Ordinance, 1979 and is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services and providing commercial, technical, administrative, financial and other services to third parties in relation to the business of shipping. It is also engaged in renting out its properties to tenants under lease arrangements. The stocks of the corporation are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the corporation is situated at Karachi. The symbol “PNSC” is being used by the stock exchange for the shares of Pakistan National Shipping Corporation.

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Annual general meeting of Security Leasing Corporation Limited to be held on October 27, 2016

Karachi, Security Leasing Corporation Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 27, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of the annual general meeting held on November 26, 2015, to receive, consider and adopt the audited accounts for the year ended June 30, 2016, to appoint auditors and chartered accountants and fix their remuneration for the year ending June 30, 2017 and to transact any other business with the permission of the Chair. Further, the closed period of the company is from October 20, 2016 to October 27, 2016 (both days inclusive). Security Leasing Corporation Limited is a company incorporated in Pakistan on December 6, 1993. The foundations of the company are laid uner the Companies Ordinance, 1984. The commercial operations of the company commenced on May 21, 1995 after receiving the license to carry on leasing business and the Certificate to Commence Business. The principle activity of the company is providing leasing to both individual and corporate entities for timely repayments, good profitablity and strong cashflows from their operations. The stocks of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The symbol “SLCL” is being used by the stock exchanges for the shares of Security Leasing Corporation Limited.

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