2018 June 22 : AsiaNet-Pakistan

Archive for June 22nd, 2018

Board of Directors meeting of Ghandhara Nissan Limited

June 22, 2018 |

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on June 29, 2018 at Karachi. The agenda of the meeting will to consider and approve the Budget of the Company for the Financial Year 2019, and to transact any other business with the permission of the Chair. “The Ghandhara Nissan Limited (GNL), was incorporated in 1981 as a Private Limited Company having the sale licensee for the distribution of Nissan vehicles in CBU condition in Pakistan, later in 1992 it was converted into a Public Company listed in Karachi Stock Exchange. Ghandhara Nissan has Technical Assistance Agreement with Nissan, Japan and joint Venture Agreement with Nissan Diesel Company, Japan for the progressive Assembly of Passenger Cars, Light Commercial Vehicles and Heavy Duty Vehicles. Ghadhara Nissan’s Car and Truck Plants are located at Port Qasim, Karachi, adjacent to each other. Ghandhara Nissan is a group Company of Bibojee Services (Private) Limited. GHNL’s stock is one such gem that has shot through the roof in roughly the last fourteen months. In just the calendar year 2015 to date, the stock has jumped by 17 percent against a 3 percent rise in benchmark KSE index. In the last 12 months, GHNL’s stock has risen 198 percent as against 29 percent in the benchmark KSE. Ghandhara Nissan is a group company of Bibojee Services (Pvt) Limited, which had about 62 percent stake in GHNL. Incorporated in 1981 as a private limited firm with a licence to distribute Nissan vehicles in CBU condition in Pakistan, the firm went public in 1992. The symbol “GHNL” is being used by the stock exchange for the shares of Ghandhara Nissan Limited.”

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Board of Directors meeting of Ghandhara Nissan Limited

June 22, 2018 |

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on June 29, 2018 at Karachi. The agenda of the meeting will to consider and approve the Budget of the Company for the Financial Year 2019, and to transact any other business with the permission of the Chair. “The Ghandhara Nissan Limited (GNL), was incorporated in 1981 as a Private Limited Company having the sale licensee for the distribution of Nissan vehicles in CBU condition in Pakistan, later in 1992 it was converted into a Public Company listed in Karachi Stock Exchange. Ghandhara Nissan has Technical Assistance Agreement with Nissan, Japan and joint Venture Agreement with Nissan Diesel Company, Japan for the progressive Assembly of Passenger Cars, Light Commercial Vehicles and Heavy Duty Vehicles. Ghadhara Nissan’s Car and Truck Plants are located at Port Qasim, Karachi, adjacent to each other. Ghandhara Nissan is a group Company of Bibojee Services (Private) Limited. GHNL’s stock is one such gem that has shot through the roof in roughly the last fourteen months. In just the calendar year 2015 to date, the stock has jumped by 17 percent against a 3 percent rise in benchmark KSE index. In the last 12 months, GHNL’s stock has risen 198 percent as against 29 percent in the benchmark KSE. Ghandhara Nissan is a group company of Bibojee Services (Pvt) Limited, which had about 62 percent stake in GHNL. Incorporated in 1981 as a private limited firm with a licence to distribute Nissan vehicles in CBU condition in Pakistan, the firm went public in 1992. The symbol “GHNL” is being used by the stock exchange for the shares of Ghandhara Nissan Limited.”

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Deposit Protection Mechanism for Banking Companies

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Deposit Protection Corporation (DPC), a wholly owned subsidiary of State Bank of Pakistan (SBP) has…

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Fresh Note Issuance on Eid-ul-Fitr 2018

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): The State Bank of Pakistan (SBP) through its 16 field offices of its subsidiary SBP…

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Xiaomi achieves partnership with its second distributor in Pakistan, strengthening its footprint in the market

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT): Global technology leader Xiaomi welcomes Airlink Communications as its second distributor in Pakistan. Well-known for…

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Briefing on Tax Amnesty arranged by Pakistan Stock Exchange Limited

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Pakistan Stock Exchange Limited on June 22, 2018 arranged a Briefing on Tax Amnesty for…

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Zong 4G and Careem partner to give exciting offers to customers

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Pakistan’s No.1 Data network Zong 4G has entered into a partnership with region’s top ride…

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Huawei offers major discounts for Mate 10 and Mate 10 Pro

June 22, 2018 | General Business News

Islamabad, June 22, 2018 (PPI-OT): Huawei Consumer Business Group (CBG) has rolled-out a new update for the Huawei Mate 10…

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PACRA Maintains Entity Ratings of State Life Insurance Corporation of Pakistan

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT):The rating reflects State Life Insurance Corporation’s utmost risk absorption capacity on the back of Government…

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PACRA Assigns Initial Entity Ratings to Azhar Corporation (Private) Limited

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT):The rating reflects ACPL’s association with an established brand name Gai Soap with the long history…

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PACRA Maintains Entity Ratings of Maple Leaf Cement Factory Limited

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT): The ratings reflect Maple Leaf’s strong business profile supplemented by (i) sizable market share, (ii)…

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JCR-VIS Reaffirms Entity Ratings of Samba Bank Limited

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited has reaffirmed entity ratings of Samba Bank Limited (SBL) at ‘AA/A-1’…

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