January 12, 2018 - AsiaNet-Pakistan

Archive for January 12th, 2018

Xinhua-Changshan Camellia Oil Price Index Officially Launched

January 12, 2018 | General

BEIJING, China, Jan. 12, 2018 /Xinhua-AsiaNet/– The Xinhua-Changshan camellia oil price index, jointly compiled by China Economic Information Service (CEIS) under Xinhua News Agency and the government of Changshan County in Zhejiang Province, was launched on January 6. “The Xinhua-Changshan camellia oil price index reflects the changes of the factors affecting the whole camellia oil […]

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Tiens Group Chairman Li Jinyuan Attended the Fifth China Small and Medium Enterprise Global Development Forum

January 12, 2018 | General

HANGZHOU, China, Jan. 12, 2018 /Xinhua-AsiaNet/– On January 10, 2018, the Fifth China SME Global Development Forum and the Fifth China Brand Innovation and Development Forum were held at the Hangzhou Intercontinental Hotel. Tiens Group Chairman Li Jinyuan, as the Senior Vice President of the Global Alliance of SMEs of China Region, attended the event […]

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Board of directors meeting of TPL Direct Insurance Limited

January 12, 2018 | Board Meetings

Karachi, TPL Direct Insurance Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 19, 2018 at Karachi to consider and approve the Budget of the Company for the Year 2018. Further, the company has declared the closed period from January 12, 2018 to January 19, 2018. Trakker Private Limited Direct Insurance was incorporated in Pakistan in 1992. The company is a public limited company under the Companies Ordinance, 1984 in the category of the general insurance business. The company is a subsidiary of TPL Trakker Limited which holds 67.39% of its ordinary shares. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The company operates through risk profiling with claim processing and settlement options. The services of the company include auto direct, home direct and travel direct using which the actions can be appropriately managed. The associated companies of the group include TPL Trakker, TPL Properties, TPL Security Services, Trakker Energy and TPL Financial Consultancy. The symbol “TDIL” is being used by the stock exchange for the shares of Trakker Private Limited Direct Insurance.

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Board of directors meeting of Saif Power Limited

January 12, 2018 | Board Meetings

Karachi, Saif Power Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 16, 2018 at Islamabad to consider the investment proposal and other business. Further, the company has declared the closed period from January 11, 2018 to January 17, 2018. Saif Power Limited (SPL) was incorporated in Pakistan on November 11, 2004 as a Public Limited Company under the Companies Ordinance 1984 and commenced commercial operations on April 30, 2010. SPL was developed under Government of Pakistan Power Policy 2002 on a Build, Own and Operate basis in Sahiwal District of Punjab, Pakistan. Head office of the Company is located at Kulsum Plaza, Jinnah Avenue, Blue Area, Islamabad, Pakistan. SPL is a project of Saif Group, which is a diversified industrial and services conglomerate with portfolios in Textiles, power generation, oil & gas exploration, information technology & software development, real estate, fiber optic network, environmental management and healthcare services. The symbol “SPWL” is being used by the stock exchanges for the shares Saif Power Limited.

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DSM Sinochem Pharmaceuticals successfully launches Rosuvastatin finished dosage formulation in Western Europe

January 12, 2018 | General

Rijswijk, Netherlands, Jan. 12, 2018 (GLOBE NEWSWIRE) — Upon patent expiry at the end of December 2017, DSM Sinochem Pharmaceutical (DSP) has successfully launched its fully backward integrated, generic Rosuvastatin drug product in multiple Western European countries. The successful launch will be extended to additional countries prior to the end of January, among which is […]

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Board of directors meeting of Honda Atlas Cars Limited

January 12, 2018 | Board Meetings

Karachi, Honda Atlas Cars Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 23, 2018 at Karachi. The agenda of the meeting will to consider the 3rdQuarterly Accounts for the period ended December31, 2017. Further, the company has declared the closed period from January 17, 2018 to January 23, 2018. Honda Atlas Cars Pakistan Limited is a public limited company incorporated in Pakistan on November 4, 1992. The Company is a subsidiary of Honda Motor Company Limited, Japan. The principal activities of the company is assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July, 1994. 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 Lahore. The symbol “HCAR” is being used by the stock exchange for the shares of Honda Atlas Cars.

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Board of directors meeting of Khairpur Sugar Mills Limited

January 12, 2018 | Board Meetings

Karachi, Khairpur Sugar Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 18, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2017. Further, the company has declared the closed period from January 11, 2018 to January 18, 2018. Khairpur Sugar Mills Limited was incorporated on August 23, 1989 as a public limited company under Companies Ordinance and the plant is located in KotDiji area of Khairpur District, Sindh, Pakistan Khairpur Sugar Mills Limited has been manufactured under licience by Fives Call Babcock (FCB) of France. Trial production began on 17 January, 1994 and commercial operation started on 01 March, 1995. The Management decided to upgrade the plant in 2008 to a proposed capacity of 7,000 metric tons daily. The up gradation was completed in 201. Khairpur Sugar Mills Limited also facilitates the local area Cane Growers in the form of seeds and fertilizer subsidy. Khairpur Sugar Mills Limited is also a listed company with Pakistan Stock Exchange Limited (Formerly Karachi Stock Exchange Limited). The symbol “KPUS” is being used by the stock exchanges for the shares of Khairpur Sugar Mills Limited.

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Board of directors meeting of Hinopak Motors Limited

January 12, 2018 | Board Meetings

Karachi, Hinopak Motors Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 19, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December31, 2017. Further, the company has declared the closed period from January 12, 2018 to January 19, 2018. Hinopak Motors Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is assembly, manufacture and sale of Hino buses and trucks. The company also sells buses and trucks in the international market. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The company is a subsidiary of Hino Motors Limited Japan and the ultimate parent of the company is Toyota Motors Corporation Japan. In 1998, Hino Motors Limited and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding sponsors. It has over 50% share in the Pakistani Truck and Bus industry. The symbol “HINO” is being used by the stock exchanges for the shares of Hinopak Motors Limited.

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Board of directors meeting of Attock Petroleum Limited

January 12, 2018 | Board Meetings

Karachi, Attock Petroleum Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 24, 2018 at Rawalpindi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December31, 2017. Further, the company has declared the closed period from January 15, 2018 to January 24, 2018. Attock Petroleum Limited was incorporated in Pakistan as a public limited company on December 3, 1995. The company commenced its operations in 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is procurement, storage and marketing of petroleum and related products. Pharon Investment Group Limited is the holding company and it holds 34.38% of the company. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Rawalpindi. The symbol “APL” is being used by the stock Exchange for the shares of Attock Petroleum Limited.

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Lahore Chamber of Commerce and Industry for effective forest management system

January 12, 2018 | General Business News

Lahore, January 12, 2018 (PPI-OT):Pakistan’s poor international ranking in under forest area is causing massive economic and environmental damage to the country therefore this should be taken very seriously. Government would have to make forest management system effective as importance of forests cannot be underestimated. In a statement, the LCCI President Malik Tahir Javaid and …

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ICCI felicitates newly elected office bears of TWA Super Market

January 12, 2018 | General Business News

Islamabad, January 12, 2018 (PPI-OT):A delegation of Islamabad Chamber of Commerce and Industry led by its President Sheikh Amir Waheed visited F-6, Islamabad and congratulated the newly elected President Shehzad Shabbir Abbasi, Muhammad Hussain General Secretary, Ahmed Mughal and other office bearers of Traders Welfare Association of Super Market. Speaking at the occasion, Sheikh Amir …

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Pakistan Stock Exchange Limited Market Position on 12-01-2018

January 12, 2018 | General Business News

Karachi, January 12, 2018 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On Jan-12-2018 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 80 Current 21671.01 42933.72 30932.07 72169.84 16977.88 20452.06 21007.10 Minus 276 Previous 21900.20 43395.28 31291.75 73139.53 17016.60 20599.57 21347.56 Unchanged 12 High …

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