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Karachi: With reference to our earlier letter No FDIBL/MG/2399/201 1 dated September 15, 2011 for the announcement of Board of Directors Meeting and would like to inform you that the agenda of the Board of Directors meeting to he held on Thursday, September 22, 2011 at 10:30 a.m. has been …
Read More »Mari Gas Company Limited’s change of directors
Karachi: We have to clarify that only one nominee director of the Fauji Foundation on the Board of Directors of Mari Gas Company Limited (MARI) has been changed as follows: “Brig Dr. Gulfam Alam (Retd) has been appointed as Director of the Company with effect from August 16, 2011 in …
Read More »National Foods Limited’s financial results for the year ended 30th June 2011
Karachi: We have to inform you that the Board of Directors of our Company iii their meeting held on Friday the 16th September, 2011 at 12/CL-6, Claremont Road, Civil Lines, Karachi has recommended the following:- Cash Dividend: It has been recommended by the Board of Directors a final Cash Dividend …
Read More »Net Asset Value in Pakistani Rupees
Fund Name Date Offer Price Redemption Price NAFA Government Securities Liquid Fund Sep 19, 2011 10.1547 10.1547 NAFA Savings Plus Fund Sep 19, 2011 10.0910 10.0910 NAFA Income Opportunity Fund Sep 19, 2011 9.4556 9.4556 NAFA Riba Free Savings Fund Sep 19, 2011 10.1617 10.1617 NAFA …
Read More »Foreign Minister’s meeting with United States Secretary of State Hillary Clinton
Islamabad: Foreign Minister Hina Rabbani Khar met US Secretary of State Hillary Clinton last night for three and half hours. The two Ministers held in-depth exchange of views on all aspects of bilateral relations, regional and international issues. The talks were marked by the desire to deepen understanding and by …
Read More »National Price Monitoring Committee Meeting Held Today
Islamabad: A meeting of the National Price Monitoring Committee was held on 19th September, 2011 in Finance Division under the chairmanship of Secretary Finance which was attended by the representatives from the provinces of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, and Ministries of Planning and Development, Industries, Federal Bureau of Statistics …
Read More »Pakistan Credit Rating Agency downgrades Ratings of Maple Leaf Cement Factory Limited
Lahore: Maple Leaf Cement Factory Limited (MLCFL), since the past few years, has been facing severe business and financial constraints. The company has been incurring losses since FY08. This has resulted in significant erosion in equity (net of revaluation surplus), thereby leading to additional stress on the company’s capital structure. …
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