General

Karachi: Pakistan Oilfields Limited informed Pakistan Stock Exchange that interim dividend warrants @ Rs. 15 per share, i.e. 150% for year ending June 30, 2016 have been dispatched to the shareholders by registered post or through courier service on March 24, 2016. 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.

Karachi: Bestway Cement Limited informed Pakistan Stock Exchange that interim dividend warrants @ Rs. 2.50 per share, i.e. 25% for year ended December 31, 2015 have been dispatched to shareholders by registered post or through courier service on March 25, 2016. Bestway Cement Limited is a public limited company incorporated in Pakistan on December 22, 1993. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is production and sale of cement. The products in which the company deals are Ordinary Portland Cement, Sulphate Resistant Cement, Quick Setting Cement, Low Alkali Ordinary Portland Cement and Clinker. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Islamabad. The symbol “BWCL” is being used by the stock exchanges for the shares of Bestway Cement Limited.

Karachi: JS Bank Limited informed Pakistan Stock Exchange about appointment of Mr. Ali Jehangir Siddiqui with effect from March 28, 2016 in place of Mr. Jahangir Siddiqui. JS Bank Limited is incorporated in Pakistan as a scheduled bank engaged in commercial banking and related services. It is a subsidiary of Jahangir Siddiqui and Company Limited. The bank has a branch network of 211 branches in Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange in Pakistan. The registered office of the company is located in Karachi. JS Bank Limited has been formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan. The bank commenced operations in Pakistan as a fully scheduled bank on December 30, 2006. It has a Primary Dealer license for government securities from the State Bank of Pakistan. The core activities of the bank are in the segment of retail and consumer banking, treasury, corporate and commercial banking and investment banking. The symbol “JSBL” is being used by the stock exchanges for the shares of JS Bank Limited.

Karachi: United Insurance Company of Pakistan Limited informed Pakistan Stock Exchange about board meeting of the company scheduled to be held on April 04, 2016 at Lahore. The agenda of the meeting shall be consideration of annual accounts for period ended December 31, 2015. Further, the closed period of the company shall be from March 29, 2016 to April 04, 2016. United Insurance Company of Pakistan Limited was incorporated in Pakistan on October 20, 1959. It is a public limited company. The rules and regulations of the company are based on the Companies Ordinance 1984, Insurance Ordinance 2000 and Fire, Marine & Motor Tariff (IAP). The operations of the business are related to group health insurance, travel insurance, travel bonds & guarantees, livestock and crop insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The products of the company includes fire insurance, marine insurance, motor insurance, health guard, travel guard, live stock, crop insurance, engineering, travel and cargo agents guarantees, personal accidents policy for the students, shop secure plan, self secure plan, education secure plan and home secure plan. The symbol “UNIC” is being used by the stock exchanges for the shares of United Insurance Company of Pakistan Limited.

Karachi: Punjab Oil Mils Limited informed Pakistan Stock Exchange that interim dividend warrants @ Rs. 6.0 per share, i.e. 60% for year ended June, 2016 have been dispatched to shareholders by registered post or through courier service on March 25, 2016. Punjab Oil Mills Limited is incorporated in Pakistan as a Public Limited Company on February 5, 1981. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacturing and sale of ghee, cooking oil, specialty fats and laundry soap. 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 Islamabad. The quality standards of the company are ISO 9001:2008 & HACCP certified. As a result the Zaiqa and CanOlive brands enjoy a valuable brand franchise. The company is also engaged in making a line of laundry soap products marketed under the brand name of Raja. The symbol “POML” is being used by the stock exchanges for the shares of Punjab Oil Mills Limited.

Karachi, Reliance Insurance Company Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on March 26, 2016. The agenda of the meeting was discussion of profit and loss account for year ended Dec 31, 2015 which portrayed a profit of Rs. 80,988,637 and earnings per share 1.75 basic and diluted. Further, final payment of cash dividend @ Rs. 0.50 per share i.e. 5%, issue bonus shares in the proportion of 10 shares for every 100 shares held i.e. 10% and nil right shares was agreed. The annual general meeting of the company is scheduled to be held on March 30, 2016 at the registered office of the company in Karachi. Furthermore, the share transfer books of the company will remain closed from April 19, 2016 to April 30, 2016 (both days inclusive). Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The company is engaged in general insurance business. Its registered office is located in Karachi. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan and it is registered with Central Depository Company of Pakistan Limited. The company is jointly owned by two industrial groups the Al-Noor Group and the Bawany Group. The company has a nationwide branch network with 25 operating stations spread in all the major cities of Pakistan. The products of the company are fire, marine, marine hull, motor, engineering, bond/ guarantee, terrorism, aviation and miscellaneous insurances. The symbol “RICL” is being used by the stock exchanges for the shares of Reliance Insurance Company Limited.

Karachi, Shifa International Hospitals Limited informed Pakistan Stock Exchange about subscription of 338,600 shares to Miss Komal Ahmed and the amount of Rs. 88,035,958 being the subscription amount for 338,600 shares (including premium of Rs. 250/- per share). The relevant documents including auditors’ certificate shall be sent to you by Monday, March 28, 2016. Shifa International Hospitals Limited is incorporated in Pakistan on September 29, 1987 as a private limited company and converted into a public limited company on October 12, 1989. The principal activity of the Company is to establish and run medical centres and hospitals in Pakistan. The Company has established its first hospital in 1993 in Islamabad, second hospital in 2011 in Faisalabad and another in 2014 in G-10/4, Islamabad. Besides this, the Company is running medical centres, pharmacies and lab collection points in different cities of Pakistan. The shares of the company are quoted on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Islamabad. The symbol “SHFA” is being used by the stock exchange for the shares of Shifa International Hospitals Limited.