2018 April 03 : AsiaNet-Pakistan

Archive for April 3rd, 2018

Board of Directors meeting of Mandviwala Mauser Plastic Industries Limited

April 3, 2018 |

Karachi, Mandviwala Mauser Plastic Industries Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on April 10, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2016. Further, the company has declared the closed period from April 04, 2018 to April 11, 2018. “MandviwallaMauser Plastic Industries Limited was incorporated as Public Limited Company on June 13, 1988 and obtained certificate for commencement of business on February 13, 1989. The product range of the company includes plastic chairs, poultry equipment, general household products, components of domestic appliances, automotive battery containers, textile bobbins, textile crates, TV cabinets, rubber made products and automobile products. The company is also engaged in the manufacture of plastic components as vendors to automotive and domestic appliances industries. The company is listed on the Karachi and Lahore Stock Exchanges. The registered office of the company is located in Karachi. The symbol “MWMP” is being used by the stock exchange for the shares of MandviwallaMauser Plastic Industries Limited.”

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FBR urged to reactivate Alternative Dispute Resolution Committee

April 3, 2018 | General Business News

Karachi, April 03, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its Pre-Budget Proposals has…

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FBR urged to reactivate Alternative Dispute Resolution Committee

April 3, 2018 | General Business News

Karachi, April 03, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its Pre-Budget Proposals has…

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Delegation from Thailand call on Chairman, Council of Islamic Ideology

April 3, 2018 | General, Official News

Islamabad, April 03, 2018 (PPI-OT): A delegation from Thailand headed by Mrs. Siriwan Sukorndhaman, Acting Senior Advisor on Security Coordination, National Security Council, Thailand called on the Chairman, Council of Islamic Ideology Prof. Dr. Qibla Ayaz today 3rd April, 2018…

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Senior United States Official from the Bureau of South and Central Asian Affairs Ambassador Alice Wells visits Pakistan

April 3, 2018 | Embassies, Official News

Islamabad, April 03, 2018 (PPI-OT): The U.S. Department of State’s Senior Bureau Official for the Bureau of South and Central Asian Affairs Ambassador Alice Wells visited Islamabad and Karachi March 28 – April 3. In Islamabad, Ambassador Wells met with…

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Karakoram Highway is the foundation and its architects are founders of China-Pakistan Economic Corridor: President

Islamabad, April 03, 2018 (PPI-OT): President Mamnoon Hussain has said that Karakoram Highway is the foundation and its architects are the founders of China-Pakistan Economic Corridor (CPEC). Pakistani nation has immense love and respect for them, he added. The President…

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Turkish Naval Chief meets National Security Adviser

Islamabad, April 03, 2018 (PPI-OT): Vice Admiral Adnan OZBAL, Turkish Naval Chief, along with his delegation, met National Security Adviser Lt. General (R) Nasser Khan Janjua this morning. Besides different aspects of improving bilateral relations and defense cooperation, matters pertaining…

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FBR urged to reactivate Alternative Dispute Resolution Committee

Karachi, April 03, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its Pre-Budget Proposals has urged the government to reactivate the Alternate Dispute Resolution Committee (ADRC) and provide the taxpayers an easy and efficient mechanism…

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Board of directors meeting of International Steels Limited

April 3, 2018 | Board Meetings

Karachi, International Steels Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 17, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2018. Further, the company has declared the closed period from March 04, 2018 to April 17, 2018. International Steels Limited was incorporated on 3 September 2007 as a public unlisted company limited by the International Industries Limited. The foundations of the company are developed under the Companies Ordinance, 1984. The primary activities of the Company are business of manufacturing of cold rolled steel coils and galvanized sheets. The production capacity of the company is 250,000 tons per annum of cold rolled coils from which 150,000 tons is Hot Dipped Galvanized Steel. The commercial operations of the project initiated in January 1, 2011. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The equity contributions of the company come from Sumitomo Corporation and International Finance Corporation which has develop the country’s engineering and hi-tech manufacturing industries. The group organizations of the company include International Steel Limited, Pakistan Cables Limited and International Industries Limited. The company has an Effluent Treatment Plant and an 18MW gas fired power plant. The power plant has started production and supplying to the KESC. The symbol “ISL” is being used by the stock exchange for the shares of International Steel Limited.

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Annual general meeting of DawoodLawrencepur Limited to be held on April 25, 2018

April 3, 2018 | Board Meetings

Karachi, DawoodLawrencepur Limitedinformed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 25, 2018 at Karachi. The agenda of the meeting will to receive, consider and adopt the Audited Financial Statements of the Company for the year ended December 31, 2017 together with the Auditor’s with the Auditors and Directors reports thereon and the Review Report of the chairman, to approve the payment of final cash dividend at the rate of Rupee 1/- per share i.e. 10% for the year ended December 31, 2017 as recommended by the board of Directors and to appoint Auditors and to fix their remuneration. Further, the closed period of the company is from April 10, 2018 to April 10, 2018 (both days inclusive). DawoodLawrencepur Limited was incorporated in Pakistan in 2004 as a public listed company formed as a result of a Scheme of Arrangement for Amalgamation in terms of the provisions of the Companies Ordinance, 1984 between Dawood Cotton Mills Limited, Dilon Limited, Burewala Textile Mills Limited and Lawrencepur Woolen and Textile Mills Limited. In the year 2008 the company suspended its manufacturing operations located at Burewala, District Vehari and closed down the mill in 2009. All assets relating to the closed down unit have been classified as discontinued operations. The registered office of the company is located In Karachi. The shares of the company are listed on the Karachi and Lahore Stock Exchanges. The company is engaged in the business of manufacturing fabrics using natural and man made fibers and blends thereof. It is also engaged in the business of trading and marketing renewable energy solutions, mainly solar, to domestic and industrial consumers. The company possesses investments in associates such as Dawood Hercules Corporation Limited. It is also a member of Karachi Chamber of Commerce and Industry. The symbol “DLL” is being used by the stock exchanges for the shares of DawoodLawrencepur Limited.

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Efficient complaint handling of overseas Pakistanis and Reintegration of Returnee Migrants, OPF’s main point of focus

April 3, 2018 | General, Official News

Islamabad, April 03, 2018 (PPI-OT): During the 142nd meeting of the OPF Board of Governors convened on April 3, 2018 one of the most important discussion points were the launch of Online Complaint Management System and signing of letter of…

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FPCCI should be on board while negotiating FTAs

Karachi, April 03, 2018 (PPI-OT): General Body of Federation of Pakistan Chambers of Commerce and Industry on 3rd April 2018, passed a resolution on Free Trade Agreements by Pakistan and demanded that FPCCI should be taken on board while negotiating…

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