2018 August 01 : AsiaNet-Pakistan

Archive for August 1st, 2018

Board of directors meeting of Modaraba Al-Mali

August 1, 2018 |

Karachi, Modaraba Al-Maliinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 08, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 02, 2018 to August 08, 2018. Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980, and Modaraba Companies and Modaraba Rules, 1981 and is managed by BankIslamiModaraba Investments Limited, a company registered under the Companies Ordinance, 1984. It is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling / service station. It is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi. The symbol “MODAM” is being used by the stock exchange for the shares of Modaraba Al-Mali.

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Board of directors meeting of Attock Refinery Limited

August 1, 2018 |

Karachi, Attock Refinery Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 14, 2018 at Dubai. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 02, 2018 to August 15, 2018. Attock Refinery Limited was incorporated in Pakistan on November 8, 1978 as a private limited company and was converted into a public company on June 26, 1979. It is subsidiary of the Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. The company is principally engaged in business of refining the crude oil. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The company is also registered with Central Depository Company of Pakistan Limited. Its registered office is situated at Rawalpindi. The crude oil refining operations of the company date back to 1922 which amounts to more than 90 years of vast experience for the company. Several up gradation processes are in progress for the company which shall be completed by September 2015. The company is ISO 9001, ISO 14001, ISO/IEC 17025; OHSAS 18001 certified and is implementing ISO 50001 Energy Management System. The symbol “ATRL” is being used by the stock exchanges for the shares of Attock Refinery Limited.

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Board of directors meeting of Gulistan Spinning Mills Limited

August 1, 2018 |

Karachi, Gulistan Spinning Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 07, 2018 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2017. Further, the company has declared the closed period from August 01, 2018 to August 07, 2018. Gulistan Spinning Mills Limited was incorporated on February 26, 1987 in Pakistan. The registered office of the company is located in Karachi. The company is engaged in manufacture and sale of yarn, fabrics, apparel and home textile. The manufacturing unit is located at district Kasur, Punjab. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The symbol “GUSM” is being used by the stock exchange for the shares of Gulistan Spinning Mills Limited.

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Board of directors meeting of Askari General Insurance Company Limited

August 1, 2018 |

Karachi, Askari General Insurance Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2018 at Rawalpindi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 09, 2018 to August 16, 2018. Askari General Insurance Company Limited is a company incorporated in Pakistan on April 12, 1995 as a public limited company. The commercial operations of the company commenced from October 15, 1995. The foundations of the company are laid under the fundamentals of the Companies Ordinance, 1984. The company is engaged in the business of non-life insurance business comprising of fire, marine, motor, accident, health and miscellaneous. The insurance company has around 19 branches located across Pakistan. 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 at Rawalpindi. The company is sponsored by the Army Welfare Trust which is itself engaged in the business of finance, banking and production of consumer goods and service. The company apart from traditional coverage offers specialized coverage for various engineering risks. The symbol “AGIC” is being used by the stock exchanges for the shares of Askari General Insurance Company Limited.

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Board of directors meeting of Askari General Insurance Company Limited

August 1, 2018 |

Karachi, Askari General Insurance Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2018 at Rawalpindi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 09, 2018 to August 16, 2018. Askari General Insurance Company Limited is a company incorporated in Pakistan on April 12, 1995 as a public limited company. The commercial operations of the company commenced from October 15, 1995. The foundations of the company are laid under the fundamentals of the Companies Ordinance, 1984. The company is engaged in the business of non-life insurance business comprising of fire, marine, motor, accident, health and miscellaneous. The insurance company has around 19 branches located across Pakistan. 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 at Rawalpindi. The company is sponsored by the Army Welfare Trust which is itself engaged in the business of finance, banking and production of consumer goods and service. The company apart from traditional coverage offers specialized coverage for various engineering risks. The symbol “AGIC” is being used by the stock exchanges for the shares of Askari General Insurance Company Limited.

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Board of directors meeting of Attock Petroleum Limited

August 1, 2018 |

Karachi, Attock Petroleum Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 14, 2018 at Dubai. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 02, 2018 to August 14, 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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Board of directors meeting of Attock Petroleum Limited

August 1, 2018 |

Karachi, Attock Petroleum Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 14, 2018 at Dubai. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 02, 2018 to August 14, 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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Lucky Cement records consolidated earnings of PKR 14.82 billion for fiscal year ended June 30, 2018

August 1, 2018 | General Business News

Karachi, August 01, 2018 (PPI-OT): On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 14.82…

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UNISAME urges Banks to develop products for SMEs

August 1, 2018 | General Business News

Karachi, August 01, 2018 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) thanked Syed Samar Hasnain executive director State…

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UNISAME urges Banks to develop products for SMEs

August 1, 2018 | General, Official News

Karachi, August 01, 2018 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) thanked Syed Samar Hasnain executive director State Bank of Pakistan (SBP) and his team for the SME friendly policies and strategic uplift plan for the sector under…

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Pakistan Navy Ship ASLAT visits Saint Petersburg, Russia; participated in Russian Navy Day Parade

August 1, 2018 | General, Official News

Islamabad, August 01, 2018 (PPI-OT): Pakistan Navy Guided Missile Frigate ASLAT along with embarked Z9EC Helicopter visited Saint Petersburg, Russia as part of overseas deployment to Mediterranean and European regions. Earlier Ship had visited Port Aqaba (Jordan), Algiers (Algeria) and…

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Supreme Court of Pakistan announces 12 vacancies of Law Clerks

August 1, 2018 | General, Official News

Islamabad, August 01, 2018 (PPI-OT): The Supreme Court of Pakistan has announced vacancies of Law Clerks for a period of 01 year commencing in September, 2018 as part of the Supreme Court’s Law Clerkship Programme. The required qualifications / terms…

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