January 3, 2018 - AsiaNet-Pakistan

Archive for January 3rd, 2018

Board of directors meeting of Gulistan Textile Mills Limited

January 3, 2018 |

Karachi, Gulistan Textile Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 09, 2018 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June …

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Board of directors meeting of Gulshan Spinning Mills Limited

January 3, 2018 |

Karachi, Gulshan Spinning Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 09, 2018 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2015. Further, the company has declared the closed period from January 03, 2018 to January 09, 2018. Gulshan Spinning Mills Limited was incorporated as a Public Limited Company in Pakistan under the Companies Ordinance, 1984. The company is engaged in the manufacturing and selling of yarn. The registered office of the company is located in Karachi. The stocks of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The symbol “GSPM” is being used by the stock exchange for the shares of Gulshan Spinning Mills Limited.

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Board of Directors Meeting of Gatron Industries Limited

January 3, 2018 |

Karachi, Gatron Industries Limitedinformed Pakistan Stock Exchange that the Board of Directors in their meeting held on January 02, 2018. Gatron Industries Limited is a company incorporated in Pakistan in 1980 as a private limited company. It was converted to a public limited company in the year 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company are manufacturing of Polyester Filament Yarn along with its raw material viz. Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips viz. Bottle Grade as well as PET Performs. The company owns wholly owned subsidiaries i.e. Messrs. Gatro Powers Private Limited which is engaged in Power generation. The shares of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is situated at Quetta. The symbol “GATI” is being used by the stock exchange for the shares of Gatron Industries Limited

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New team of FPCCI expressed their gratitude over felicitations

January 3, 2018 | General Business News

Karachi, January 03, 2018 (PPI-OT):The newly elected President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Ghazanfar Bilour, and Senior Vice President Mazhar Ali Nasir, along with all Vice Presidents of FPCCI has expressed their gratitude for greetings extended to them by Hon’able Governors of Sindh Muhammad Zubair, Governor of Punjab Malik …

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Recent petrol price hike to damage masses, economy

January 3, 2018 | General Business News

Islamabad, January 03, 2018 (PPI-OT):Islamabad Chamber of Small Traders on Wednesday called the recent hike in petroleum prices ‘a petrol bomb’ which is to damage the economy and hurt the poor. It strongly rejected the government’s move terming it a blunder and threatened to take to streets if the decision was not reversed immediately. The …

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SNGL to establish facilitation desk at LCCI

January 3, 2018 | General Business News

Lahore, January 03, 2018 (PPI-OT):Sui Northern Gas Pipelines Limited (SNGPL) will establish a facilitation desk at the Lahore Chamber of Commerce and Industry that will be headed by the LCCI Vice President Zeeshan Khalil. It was decided at a meeting between the LCCI President Malik Tahir Javaid and Managing Director SNGPL Amjad Latif at the …

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ICCI for reducing heavy taxes on real estate sector in coming budget

January 3, 2018 | General Business News

Islamabad, January 03, 2018 (PPI-OT):Muhammad Naveed, Senior Vice President, Islamabad Chamber of Commerce and Industry has said that facilitating the growth of real estate sector was crucial for promoting commerce, industry, growth, employment and poverty reduction and called upon the government to reduce heavy taxes imposed on this sector in the coming budget in order …

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Pakistan Stock Exchange Limited Market Position on 03-01-2018

January 3, 2018 | General Business News

Karachi, January 03, 2018 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On Jan-03-2018 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 167 Current 20915.71 41544.27 30242.36 70668.05 16053.23 20725.79 20708.66 Minus 185 Previous 20804.48 41486.87 30272.79 70177.30 16071.07 20437.92 20726.27 Unchanged 20 High …

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Energy situation improving despite chronic circular debt: Mian Zahid Hussain

January 3, 2018 | General Business News

Islamabad, January 03, 2018 (PPI-OT):President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said energy situation is improving in the country despite prolonged circular debt. The government settled the infamous circular debt soon after assuming power with …

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SECP tells CFOs of listed companies to authenticate financial statements

January 3, 2018 | General Business News

Islamabad, January 03, 2018 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has reminded the chief financial officers (CFOs) of listed companies to authenticate financial statements of their companies. This authentication is compulsory under section 232 of the Companies Act, 2017, for the ensuing periods to avoid any punitive action in the future. During regulatory …

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Smart Air Solution Products from LG Employ Voice and Intelligent Dust Sensor for Better Air

January 3, 2018 | General Business News

Karachi, January 03, 2018 (PPI-OT):LG Electronics will impress participants at CES 2018 with its newest, smart air solutions for the home. LG PuriCare air purifier featuring fine dust sensor and DUALCOOL ThinQ™ Stand Inverter air conditioner with voice recognition and DeepThinQ technology make experiencing purer, cleaner air indoors more convenient than ever. High-Tech Smart Removal …

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China to further extend assistance to Pakistan in power sector: Power Division to meet CPEC Investors Individually

January 3, 2018 | General Business News

Islamabad, January 03, 2018 (PPI-OT):The Power Division has decided to engage and meet all the investors under the CPEC energy projects individually to further fast tract these projects and also remove any difficulty faced by them. All the power sector stake holders like PPIB, AEDB and NTDC will be part of these meetings in this …

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