Mustehkam Cement Limited’s material information

Karachi, May 06, 2013 (PPI-OT): This is to inform you that the Extraordinary General Meeting of the Company held at 10.30 A.M on Monday May 06, 2013, at Bestway Building 19-A, College, Road, F-7 Markaz Islamabad have by majority resolved for merger of Mustehkam Cement Limited (MUCL) with and into Bestway Cement Limited and passed the resolution placed before it as special resolution without any modification.

Minutes of the EOGM will be sent to the Exchange for circulation amongst its member in due course.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Kaleem Ashraf, ACA
Company Secretary
Mustehkam Cement Limited
College Road, F-7, Markaz,
Islamabad, 44000 Pakistan
Tel: +92-51-2654856
Fax: +92-51-2654865
Web: www.bestway.com.pk

Mustehkam Cement Limited’s board meeting in progress

Karachi, April 29, 2013 (PPI-OT): This is in continuation of our letter No. MCL/233 dated April 26, 2013 intimating thereby that the meeting of the Board of Directors of Company, convened to consider the Quarterly Accounts for the period ended March 31, 2013, is in progress. The subject meeting is still in progress and we shall communicate the results of the meeting as soon as it is finalized.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Kaleem Ashraf
Company Secretary
Mustehkam Cement Limited
Bestway Building, 19-A,
College Road, F-7 Markaz,
Islamabad Pakistan,
Tel: 051 2654856
Fax: 051 26548992

Mustehkam Cement Limited’s board meeting

Karachi, April 26, 2013 (PPI-OT): This is to inform you that meeting of the Board of Directors of the Company, convened to consider the Quarterly Accounts for the period ended March 31, 2013, as notified to the Exchange vide our letter No MCL/229 dated April 19, 2013 is in progress.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Kaleem Ashraf
Company Secretary
Mustehkam Cement Limited
Bestway Building, 19-A,
College Road, F-7 Markaz,
Islamabad Pakistan,
Tel: 051 2654856
Fax: 051 26548992

Mustehkam Cement Limited’s free float

Karachi, January 24, 2013 (PPI-OT): In accordance with the Regulation No. 21(3) of the listing regulations of the Karachi Stock Exchange, we are enclosing herewith the Free-Float of Shares of our Company as on 31 December 2012 hereunder:

Total Outstanding Shares 129,260,908
Less Shares held by Directors / Sponsors (as trustees of BCL) 35,000
Government Holdings as promoter/ acquirer/ controller
Shares held by Associated Companies (Cross holdings
excluding share held by Directors as Trustees of Holding Co.) 127,374,527
Shares held with general public in Physical Form 409,856 127,819,383
Free-Float: 1,441,525
Total number of shares available in CDS 30,736,191
Total number of shares in physical form 98,524,717

For more information, contact:
Mustehkam Cement Limited
Bestway Building, 19-A,
College Road, F-7 Markaz,
Islamabad Pakistan,
Tel: 051 2654856
Fax: 051 26548992

Mustehkam Cement Limited’s free float shares

Karachi, July 19, 2012 (PPI-OT): As required under the Regulation No. 21(3) of the Listing regulations, we provide the Free-Float of shares of our Company as on 30-06-2012 as detailed hereunder.

Total Outstanding Shares

129,260,908

Less:
Shares held by Directors/ Sponsors (as trustees of BCL)

35,000

Government Holding as promoter/acquirer/controller

Nil

Shares held by Associated Companies (Cross Holding
Excluding shares held by Directors as Trustee of Holdings Co)

127,141,457

Shares held with general public in physical form

409,985

127,586,442

Free-F1oat:

1,674,466

Total number of shares available in CDC

30,736,062

Total Number of shares in Physical Form

98,524,846

For more information, Contact:
Saleem Ashraf, ACA
Company Secretary
Mustehkam Cement Limited
Bestway Building, 19-A,
College Road, F-7 Markaz,
Islamabad Pakistan,
Tel: 051 2654856
Fax: 051 26548992

Mustehkam Cement Limited’s appointment of share registrar

Karachi: We are pleased to inform you that we have appointed M/s Technology Trade (Private) Limited as the Share Registrar for the Company with effect from Mar 01, 2012.

The address, contact numbers and timings of M/s Technology Trade (Private) limited are given below:

Address: M/s Technology Trade (Private) Limited,
Dagia House, 241-C, Block-2, P.E.C.H.S., Off: Shahrah-e-Qaideen, Karachi
Tel: (92-21) 4391316-7, 19 and 4387960-1
Fax: (92-21) 4391318
For open End
Mutual Funds: (92-21) 4313207
Public dealing 9:30 am, 12:30 p.m.
Timings: 3:30 p.m., to 4.30 p.m. (from Monday to Thursday)
Friday: 9:30 a.m. to 12:30 p.m.

You are requested to circulate the notice in your daily notice of the Stock Exchange.

For more information, Contact:
Mustehkam Cement Limited
Bestway Building, 19-A,
College Road, F-7 Markaz,
Islamabad Pakistan,
Tel: 051 2654856
Fax: 051 26548992

Mustehkam Cement Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 10:30 A.M. on Monday, October 30, 2011, at Bestway Building, 19-A, College Road, F-7 Markaz, Islamabad, approved the Accounts for the above period. Copy of the financial results of the Company is enclosed.

Condensed Interim Profit and Loss Accounts – Unaudited For the Quarter Ended 30 September 2011

 

Quarter ended

30 September

2011

2010

Rupees

Rupees

Turnover – net 1,006,476,659 796,114,968
Cost of Sales 819,962,528 667,903,126
————-  ————-
Gross profit 187,414,131 128,811,842
Administrative expenses  3,173,381 2,579,293
Distribution cost  3,158,582 3,300,839
Finance cost 180,690,700 190,985,723
Other operating income (5,447,117) (2,237,396)
————- ————-
181,575,546 194,628,459
————- ————-
Profit, (loss) before taxation 5,838,585 (65,816,617)
Taxation – Current  (10,867,530) (7,967,150)
– Deferred  (14,246,969) 20,539,408
 ————- ————-
Loss for the period (19,275,914) (53,244,360)
————- ————-
LOSS PER SHARE (basic and diluted)  (0.15) (1.28)

 

The annexed notes 1 to 8 form an integral part of these condensed interim financial information.

For more information, contact:
Mustehkam Cement Limited
Bestway Building, 19-A,
F-7 Markaz, Islamabad
Tel: 051 265 4856-63
Fax: 051 265 4865