2018 April 12 : AsiaNet-Pakistan

Archive for April 12th, 2018

Board of directors meeting of Sitara Chemical Industries Limited

April 12, 2018 |

Karachi, Sitara Chemical Industries Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 20, 2018 at Faisalabad. 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 April 13, 2018 to April 20, 2018. Sitara Chemical Industries Limited is a company incorporated in Pakistan on September 8, 1981. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the Company are operation of Chlor Alkali plant and yarn spinning unit. The Company is currently organized into two operating divisions and these divisions are the basis on which the Company reports its primary segment information. Principal business activities are Chemical Division Manufacturing of caustic soda and allied products and Textile Division Manufacturing of yarn and fabric. The manufacturing facilities are located at Faisalabad in the province of Punjab. 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 Karachi. The symbol “SITC” is being used by the stock exchange for the shares of Sitara Chemical Industries Limited.

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Board of directors meeting of Lotte Chemical Pakistan Limited

April 12, 2018 |

Karachi, Lotte Chemical Pakistan Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 20, 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 April 13, 2018 to April 20, 2018. Lotte Chemical Pakistan Limited formerly Lotte Pakistan PTA Limited is incorporated in Pakistan. The company is engaged in the manufacture and sale of Pure Terephthalic Acid an essential raw material used in the polyester industry. The company is also engaged in manufacturing Polyester Staple Fibre, Filament Yarn and PET resin. The production capacity of the plant is around 500,000 tons per annum. It is a subsidiary of Lotte Chemical Corporation and the ultimate parent company is South Korean conglomerate Lotte. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The symbol “LOTCHEM” is being used by the stock exchanges for the shares of Lotte Chemicals Pakistan Limited.

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Board of directors meeting of Soneri Bank Limited

April 12, 2018 |

Karachi, Soneri Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 20, 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 April 13, 2018 to April 20, 2018. Soneri Bank Limited was incorporated in Pakistan on September 28, 1991 as a public limited company under the Companies Ordinance, 1984. The bank operates in retail banking, Islamic banking and corporate and investment banking. It is engaged in banking services as described in the Banking Companies Ordinance, 1962. It has a branch network of 239 branches including nine Islamic banking branches in Pakistan. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges in Pakistan. The registered office of the company is situated at Lahore. The symbol “SNBL” is being used by the stock exchanges for the shares of Soneri Bank Limited.

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Board of directors meeting of Shell Pakistan Limited

April 12, 2018 |

Karachi, Shell Pakistan Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 24, 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 April 16, 2018 to April 25, 2018. Shell Pakistan Limited is a limited liability company incorporated in Pakistan for over a century. The legacy dates back to the year 1899. It is an internationally operating group of energy and petrochemical companies. Shell Pakistan is listed on the Karachi and Lahore Stock Exchanges of Pakistan. Its registered office is located in Karachi. The company markets petroleum products and compressed natural gas. It also blends and markets various kinds of lubricating oils. The symbol “SHEL” is being used by the stock exchange for the shares of Shell Pakistan Limited.

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Board of directors meeting of Dawood Hercules Corporation Limited

April 12, 2018 |

Karachi, Dawood Hercules Corporation Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 25, 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 April 13, 2018 to April 25, 2018. Dawood Hercules Corporation Limited formely known as Dawood Hercules Chemicals Limited was incorporated in Pakistan on April 17, 1968 as a public limited company. The foundations of the company have been laid using the Companies Ordinance, 1984.The principal activities of the business are to manage the investments in its subsidiary and associated companies. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the company is located in Karachi. Business interests of the company include DH Fertilizers Limited, DawoodLAwrencepur Limited, TenagaGenerasi Limited, Pebbles Private Limited, Inbox Business Technologies Private Limited, Elixir Securities Pakistan Private Limited and Cyan Limited. The symbol “DAWH” is being used by the stock exchanges for the shares of Dawood Hercules Corporation Limited.

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Board of directors meeting of Askari Bank Limited

April 12, 2018 |

Karachi, Askari Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 19, 2018 at Rawalpindi. 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 April 12, 2018 to April 19, 2018. Askari Bank Limited was incorporated in Pakistan on October 9, 1991, as a public limited company and commenced its operation on April 1, 1992. The company is engaged in the business of banking defined in the Banking Companies Ordinance, 1962. The branch networks of the bank also include Islamic and agricultural banking. The registered office of the bank is located in Rawalpindi. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The bank has more than 240 branches located all over Pakistan. The products and services which the bank provides to its customers include agricultural banking, branch banking, consumer banking, corporate banking and Islamic banking services. The symbol “AKBL” is being used by the stock exchange for the shares of Askari Bank Limited.

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Board of directors meeting of Rafhan Maize Products Company Limited

April 12, 2018 |

Karachi, Rafhan Maize Products Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 19, 2018 at Faisalabad. 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 April 12, 2018 to April 19, 2018. Rafhan Maize Products Company Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. Ingredion Incorporated (Formerly Corn Products International, Inc.) Chicago, U.S.A., holds the majority shares of the company. The Company uses maize as the basic raw material to manufacture and sell a number of industrial products, principal ones being industrial starches, liquid glucose, dextrose, dextrin and gluten meals. It is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The symbol “FDIBL” is being used by the stock exchange for the shares of First Dawood Investment Bank Limited.

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Board of directors meeting of Security Papers Limited

April 12, 2018 |

Karachi, Security Papers Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 20, 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 April 13, 2018 to April 20, 2018. Security Papers Limited is a company incorporated in Pakistan in 1965. It became a public limited company in 1967. The foundations of the company are laid under the Companies Ordinance, 1984. It is engaged in the manufacturing of paper for banknote, financial instrument, university degree certificate and other type of security papers. The company is successfully been meeting the paper requirements of the Pakistan Security Printing Corporation for printing banknotes, prize bonds, non-judicial stamp paper, share certificates, etc. and watermarked certificate/ degree papers for various educational institutions of Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office and factory of the company is located in Karachi. The symbol “SEPL” is being used by the stock exchanges for the shares of Security Paper Limited.

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Board of directors meeting of Bank Alfalah Limited

April 12, 2018 |

Karachi, Bank Alfalah Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 19, 2018 at Abu Dhabi. 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 April 12, 2018 to April 20, 2018. Bank Alfalah Limited was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan. The bank has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing. The symbol “BAFL” is being used by the stock exchanges for the shares of Bank Al-Falah Limited.

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Board of directors meeting of Pakistan International Container Terminal Limited

April 12, 2018 |

Karachi, Pakistan International Container Terminal Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 26, 2018 at Singapore. 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 April 12, 2018 to April 26, 2018. Pakistan International Container Terminal Limited was incorporated in Pakistan as a private limited company in June, 2002 and was later converted to an unquoted public limited company listed on the Karachi Stock Exchange on October 15, 2003. The foundations of the company are formed under the Companies Ordinance, 1984. The company has a Build Operate Transfer contract with Karachi Port Trust for the exclusive construction, development, operations and management of a common user container terminal at Karachi Port for a period of twenty-one years commencing June 18, 2002. The registered office of the company is located in Karachi. The International Container Terminal Services Incorporation a company situated in Manila, Philippines, holds directly and indirectly 64.53 percent shareholding of the company and acts as the ultimate parent company. The services of the company include online tracking, online billing and vessel schedule etc. The symbol “PICT” is being used by the stock exchanges for the shares of Pakistan International Container Terminal.

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LCCI Standing Committee on Pak-UK Business Relations organizes seminar on ‘Pak UK Business Ideas’

April 12, 2018 | General Business News

Lahore, April 12, 2018 (PPI-OT):Further strengthening of trade and economic relations with United Kingdom should be the cornerstone of Pakistan’s…

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LCCI Standing Committee on Pak-UK Business Relations organizes seminar on ‘Pak UK Business Ideas’

Lahore, April 12, 2018 (PPI-OT): Further strengthening of trade and economic relations with United Kingdom should be the cornerstone of Pakistan’s foreign policy as this lucrative destination can help us boost national exports to the required level.This was upshot of…

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