August 17, 2018 - AsiaNet-Pakistan

Archive for August 17th, 2018

Board of directors meeting of Highnoon Laboratories Limited

August 17, 2018 |

Karachi, Highnoon Laboratories Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 2018 at Lahore. 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 18, 2018 to August 27, 2018. Highnoon Laboratories Limited was incorporated in March 1984 as a Private Limited Company in the historical and cultural city of Lahore, Pakistan. It became Public Limited Company in 1995 and the shares of the Company are listed on all the stock exchanges of Pakistan. Right from its inception, alliance with some of the best-known research houses of the global pharmaceutical industry were forged by Highnoon. These alliances coupled with aggressive yet ethical marketing activities enabled Highnoon to become the first pharmaceutical Company of Pakistan origin to be in the top twenty league of Pakistan pharmaceutical industry. Equally responsible for Highnoon’s success is the unshakeable consumer confidence that the Company has been able to build on the quality of its products manufactured in its ISO 9001:2008 approved facility. Highnoon is continuously re-aligning its portfolio to ensure that it is able to harness opportunities. At the same time, the Company is modernizing its plant, by investing in new equipment and technology to upgrade its manufacturing facilities to comply with ‘Current Good Manufacturing Practices (cGMP)’. Highnoon’s therapeutic focus in Cardiology, Gastroenterology, Respiratory and Diabetics has led to the development of franchises, which are now the most admired in the healthcare industry. Highnoon has since then, marched ahead introducing state of the art products and setting new trends. The symbol “HINOON” is being used by the stock exchange for the shares of Highnoon Laboratories Limited.

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Board of directors meeting of Bank Alfalah Limited

August 17, 2018 |

Karachi, Bank Alfalah Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 26, 2018 at Abu Dhabi. The agenda of the meeting will to consider the 2nd Quarterly Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 17, 2018 to August 27, 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 Sanofi – Aventis Pakistan Limited

August 17, 2018 |

Karachi, Sanofi – Aventis Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 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 20, 2018 to August 27, 2018. Sanofi – Aventis Pakistan Limited was incorporated in Pakistan in 1997as a Public Limited Corporation. The foundations of the company have been laid under the Companies Ordnance, 1984. The company is engaged in the manufacturing and sale of pharmaceutical and consumer products. 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 site of the company is organized in four specialized and autonomous business units which aid the company with the manufacturing process. The manufacturing products of the company range from oral solids and liquid dosage forms to highly technical and sophisticated sterile products. The symbol “SAPL” is being used by the stock exchanges for the shares of Sanofi – Aventis Pakistan Limited.

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Board of directors meeting of National Bank of Pakistan

August 17, 2018 |

Karachi, National Bank of Pakistan informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 29, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 3…

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Board of directors meeting of Soneri Bank Limited

August 17, 2018 |

Karachi, Soneri Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 28, 2018 at Lahore. 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 20, 2018 to August 28, 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 Sindh Modaraba Management Limited

August 17, 2018 |

Karachi, Sindh Modaraba Management Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 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 17, 2018 to August 27, 2018. Sindh Modaraba is a perpetual, multi-dimensional non-trading modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Sindh Modaraba is managed by Sindh Modaraba Management Ltd., a company 100% owned by Government of Sindh. The registered office of the Sindh Modaraba Management Ltd. is 1st floor, Imperial Court, Dr. Ziauddin Ahmed Road, Karachi. The Modaraba is primarily engaged in the business of Ijarah, Musharakah and Murabahah financing, Investment in marketable securities and other related businesses. The symbol “SINDM” is being used by the stock exchange for Sindh Modaraba Managment Limited.

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Board of directors meeting of Cherat Cement Company Limited

August 17, 2018 |

Karachi, Cherat Cement Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 29, 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 20, 2018 to August 29, 2018. Cherat Cement Company Limited is a company incorporated in Pakistan in 1981 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, marketing and sale of cement. It also manufactures high quality grey Portland cement. It is equipped with updated and approved production and quality control systems. It is one of the largest producers and suppliers of cement in the province of NWFP. The production capacity of the company is 2500 tons/ day. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The plant is located near Nowshera and the factory is located near the Cherat Hills. The registered office of the Company is located at in District Nowshera of Khyber Pakhtunkhwa province. The symbol “CHCC” is being used by the stock exchanges for the shares of Cherat Cement Company Limited.

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Board of directors meeting of IGI Life Insurance Company Limited

August 17, 2018 |

Karachi, IGI Life Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 28, 2018 at Lahore. The agenda of the meeting will to consider the Financial Accounts for the period ended June 30, 2018. Further, the company has declared the closed period from August 20, 2018 to August 28, 2018. IGI Life Insurance Limited (IGI Life) has marked the entry of IGI Financial Services into the Life Insurance arena through acquisition of controlling shares in American Life Insurance Company (Pakistan) Limited in April 2014. IGI Life is a leading provider of Life Insurance, Accident & Health Insurance and Employee Benefit Solutions. IGI Life is also amongst the first few companies who commenced Family Takaful business in 2015 under Window Takaful Operations enabling the Company to offer Shari’ah compliant products. The symbol “IGIL” is being used by the stock exchanges for the shares IGI life Insurance.

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Indian troops resorted to unprovoked firing along LoC in Danna sector and targeted civil population

Rawalpindi, August 18, 2018 (PPI-OT): Indian troops resorted to unprovoked firing along LoC in Danna sector and targeted civil population. Zulfiqar, a 65 years old civilian in Mouji village embraced shahadat. Indian post undertaking fire targeted in response by Pakistan…

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Chief Justice of Pakistan takes notice on media reports regarding assault on a citizen by Mr. Imran Ali Shah, MPA, Pakistan Tehreek-e-Insaf at Karachi

August 17, 2018 | General, Official News

Islamabad, August 18, 2018 (PPI-OT): The Hon’ble Chief Justice of Pakistan Mr. Justice Mian Saqib Nisar has taken notice of video viral on social media showing physical assault by Mr. Imran Ali Shah, MPA, Pakistan Tehreek-e-Insaf on a citizen Mr….

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Police tell HR body troops killed innocent youth in 1998

August 17, 2018 | General, Official News

Srinagar, August 18, 2018 (PPI-OT): In occupied Kashmir, police admitted before the Human Rights Commission that a youth who was killed by the Indian troops in Phalilohar Pati Devar area in 1998 was not a militant. Mohammad Iqbal Shah, 22,…

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Stakeholder departments express satisfaction at speedy a consistent pace of Doing Business Reforms in Sindh

August 17, 2018 | Ministries, Official News

Karachi, August 17, 2018 (PPI-OT): The Government of Sindh is implementing historic Doing Business (DB) Reforms across different departments, said the Chairperson, Sindh Board of Investment (SBI), Ms. Naheed Memon, while chairing a Progress Meeting on implementation of Sprint-2 of…

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