2018 August 07 : AsiaNet-Pakistan

Archive for August 7th, 2018

Board of directors meeting of Samba Bank Limited

August 7, 2018 |

Karachi, Samba Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 15, 2018 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 08, 2018 to August 15, 2018. Samba Bank Limited is a banking company incorporated in Pakistan. It is engaged in the business of commercial banking and other related services. The Bank is a subsidiary of SAMBA Financial Group of Saudi Arabia, which holds 80.68% shares of the Bank as at December 31, 2012. The registered office of the company is located in Karachi. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The businesses of the bank include providing corporate banking, investment banking, treasury and transactional services to its customers. The symbol “SBL” is being used by the stock exchanges for the shares of Samba Bank Limited.

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Board of directors meeting of Agriauto Industries Limited

August 7, 2018 |

Karachi, Agriauto Industries Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 17, 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 03, 2018 to August 17, 2018. Agriauto Industries Limited is a company incorporated in Pakistan on June 25, 1981 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture and sale of components for automotive vehicles, motor cycles and agricultural tractors. The stocks of the company are listed on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is located at Karachi. Quality control is maintained at all stages of manufacturing. The company follows international standards i.e. B.S.S., S.A.E, ASTM, JIS, ISO & TS-16949, as the basis of quality control program. Agriauto is a part of the prestigious House of Habib Group. The symbol “AGIL” is being used by the stock exchanges for the shares of Agriauto Industries Limited.

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Board of directors meeting of Shell Pakistan Limited

August 7, 2018 |

Karachi, Shell Pakistan Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2018. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 08, 2018 to August 17, 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 Fauji Cement Company Limited

August 7, 2018 |

Karachi, Fauji Cement Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 2018 at Rawalpindi. 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 21, 2018 to August 27, 2018. Fauji Cement Company Limited is a public limited company incorporated in Pakistan on November 23, 1992. The foundations of the company are laid under the Companies Ordinance, 1984. The business commenced from May 22, 1993. The principal activity of the company is manufacturing and sale of ordinary Portland cement. The shares of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges in Pakistan. The company’s registered office is situated at Rawalpindi. The cement plant of the company is located in Punjab. The annual production capacity of the plant is 1.165 million tons of Cement. The company has a Refuse Derived Fuel (RDF) Processing Plant which solves problem of Municipal Garbage Disposal. Minimum 300-400 tons of garbage is being lifted from each garbage dump located at Rawalpindi and Islamabad. In addition, the other important advantages include reduced use of fossil fuel, lowering of green house gases in the atmosphere and availability of compost fertilizer as a byproduct. The symbol “FCCL” is being used by the stock exchanges for the shares of Fauji Cement Company Limited.

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Board of directors meeting of Jubilee General Insurance Company Limited

August 7, 2018 |

Karachi, Jubilee General Insurance Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2018 at Karachi. 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. Jubilee General Insurance Company Limited was incorporated in 1953. The branch network of the company is located in all the major cities and towns of Pakistan. The relationship of the company is renowned internationally with reinsurers such as Swiss Re, Munich Re, Lloyds, Hannover Re and Mitsui Sumitomo Re. The company is also supported by internationally acclaimed reinsurance brokers including AON Group, Willis, Marsh and UIB. In 2003 the company took control over a foreign country within Pakistan operations of Commercial General Union. It later acquired majority control of CU Life Assurance Company of Pakistan Ltd. The company is listed on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The head office of the company is located in Karachi. The product range of the company in general insurance includes fire, marine, motor, engineering, health and general accidents. The company is also associated with providing risk coverage and risk management related services. Auto financing, personal loans, mortgages, plastic cards and trade finance, capital investment finance are customized solutions for securing entire operations of the company. Jubilee group health insurance includes services for national and multinational corporations including pharmaceuticals, chemical, textile, cement, hotels, oil and energy, manufacturing, fast moving consumer goods, banking and financial sectors. The symbol “JCICL” is being used by the stock exchange for the shares of Jubilee General Insurance Company Limited.

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Sher Shah blast not due to SSGC line

August 7, 2018 | General, Official News

Karachi, August 07, 2018 (PPI-OT): An erroneous impression is being created in various sections of the press with regards to the blast that took precious lives and injured a few residents in Karachi’s Sher Shah Colony. In order to put…

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Fake Calls to General Public Impersonating as Officials of State Bank of Pakistan

August 7, 2018 | General, Official News

Karachi, August 07, 2018 (PPI-OT): There are reports that fake telephone calls are being made to public by individuals impersonating as officials of State Bank of Pakistan and seeking personal information like CNIC number, bank account number, passwords, etc. on…

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C.S. Emphasizes on law making on Kite-flying/String making, an security measures on Independence Day and Eid-ul-Azha

August 7, 2018 | Ministries, Official News

Karachi, August 07, 2018 (PPI-OT): No Fire Work or Ariel Firing on the eve of Independence Day specifically in the midnight of August 13-14 should be allowed the strict legal action shall be taken against the offenders, the Chief Secretary…

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Wapda Chairman briefs Honourable Bench about the progress of Implementation Committee of Diamer Basha and Mohmand Dams)

August 7, 2018 | General, Official News

Islamabad, August 07, 2018 (PPI-OT): Implementation Committee of Diamer Basha and Mohmand Dams (ICBMD) / Pakistan Water and Power Development Authority (WAPDA) Chairman Lt. Gen. Muzammil Hussain (Retd.) briefed a four member Bench of the Honourable Supreme Court headed by…

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Deputy Minister of Defence of the Russian Federation called on Chief of the Naval Staff at Naval Headquarters

August 7, 2018 | General, Official News

Islamabad, August 07, 2018 (PPI-OT): Deputy Minister of Defence of the Russian Federation, Colonel General Alexander V. Fomin, called on Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi at Naval Headquarters, Islamabad. Upon arrival at Naval Headquarters, Deputy Minister…

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Pakistan Navy hosts Initial Planning Conference of Exercise Aman-19 at Islamabad

August 7, 2018 | General, Official News

Islamabad, August 07, 2018 (PPI-OT): Pakistan Navy hosted Initial Planning Conference (IPC) of Exercise AMAN-19 at Islamabad. The Initial Planning Conference provided a forum to discuss the broad contours and various modalities involved in conduct of Exercise AMAN-19 which is…

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Sindh excise department achieves 109 % tax target: Mushtaq Shah

August 7, 2018 | Ministries, Official News

Karachi, August 07, 2018 (PPI-OT): Provincial Caretaker Minister for Irrigation, Inter Provincial Coordination, Public Health Engineering, Rural Development, Excise and Taxation Mushtaq Ahmed Shah has said that Sindh Excise and Taxation Department has achieved 109 percent tax collection target during…

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