AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The State Bank of Pakistan will start issuing Rs. 20 Commemorative Coin through the exchange counters of all the field offices of SBP Banking Services Corporation from 21st May, 2011. This is in line with the Federal Government’s decision to issue the coin to commemorate the 60th anniversary of establishment of diplomatic relations between Pakistan and China as well as to celebrate the “2011 Year of Pak China Friendship”. The metal composition, shape, dimension and design of Rs. 20 [...]

Karachi: As you are aware, the basic aim and objective of the Karachi Electric Supply Company are to bring an improvement in the life of Karachi citizens in respect of power supply. The electricity, one of the basic needs of our life, is undoubtedly very important for the economy of the country in general and for Karachi in particular. If we have been supplying uninterrupted power to around 45,000 industrial units of Karachi under an unambiguous policy, this brings a [...]

Islamabad: Staff Welfare organizations of Establishment Division has issued amount of Rs. 77.6 million for scholarship funds for the year 2010-2011 for 72284 male and female children of the Federal Government Employees. According to a press release issued here on Tuesday by the Staff Welfare of Establishment Division, 277 Hafiz Quran male and female students were also given scholarship and further 1398 students were given additional merit award. All Ministries, Divisions and DDO’s have been advised to collect scholarship cheque [...]

Islamabad: German Scholarships for Pakistani Students have been increased to 40 and efforts are being made for further increase up to 100. With opening up of Office of German Academic Exchange Service (DAAD) in Islamabad last year, cooperation between Pakistan and Germany in the field of education has been enhanced, says a press release received here today from Berlin. This was stated by Pakistan’s Ambassador to Germany Mr. Shahid Kamal while addressing participants of “Pakistan Evening” organized by the Pakistani [...]

Karachi: In accordance with the Listed Companies (Substantial Acquisition of Voting Shares and Take overs) Ordinance 2002, we would like to disclose that our client M/s. Habib Bank AG Zrich Zurich Switzerland has acquired 3865471 number of shares of M/...

Karachi: Members of the Exchange are hereby informed that M/s. HH Misbah Securities (Private) Limited, Corporate Member - KSE, has intimated about change of authorized person of their Branch Office situated at Room No. 35, Old Stock Exchange Building, Stock Exchange Road, Karachi. Mr. Gul Muhammad Usmani s/o Noor Muhammad holding CNIC No. 42401-2104896-9, 3 duly registered Agent with SECP under Brokers and Agents Registration Rules, 2001" has been appointed as the authorized person to manage and supervise the said Branch Office in place of Mr. Abdul Qadir s/o. Abdul Aziz. For more information, contact: Abbas Mirza DGM – Operations and CSIR Karachi Stock Exchange Tel: +9221 111-001122 Fax: +9221 3241 0825, +9221 3241 5136 Email: info@kse.com.pk Web: www.kse.com.pk

Karachi: We are pleased to inform you that the final dividend of Rs.28.00 for each ordinary share of the face value of Rs. 10.00 for the year ended December 31, 2010 has been dispatched to the shareholders of the Company on May 19, 2011. This informati...