Tag Archives: Packages Limited

Karachi: Packages Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on April 16, 2015 at Karachi. The agenda of the meeting will be confirming the minutes of annual general meeting held on April 3, 2014, consideration of the audited financial statement of the company for the year ended December 31, 2014, considering the payment of cash dividend of 10% to preference shareholders and 90% to ordinary shareholders, appointing and fixing remuneration of the auditors. Packages Limited is a public limited company incorporated in Pakistan. The company is principally engaged in the manufacture and sale of paper, paperboard, packaging materials and tissue products. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. On September 17, 2012 the company has entered into a 50/50 joint venture with the ‘Stora Enso OYJ Group’ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging Private Limited. The Joint Venture will include Paper & Paperboard and Corrugated business operations at Kasur and Karachi and will involve initial equity participation of Stora Enso of 35% by way of subscription of right shares with a commitment to increase the shareholding to 50% at a later stage subject to certain conditions being met. The company also decided to close down its Paper and Paperboard operations in Lahore which has divided the business into continuing and discontinued operations. The symbol “PKGS” is being used by the stock exchanges for the shares of Packages Limited.

Karachi, Packages Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on October 16, 2014 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended September 30, 2014. Further, the closed period of the company shall be from October 09, 2014 to October 16, 2014 Packages Limited is a public limited company incorporated in Pakistan. The company is principally engaged in the manufacture and sale of paper, paperboard, packaging materials and tissue products. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. On September 17, 2012 the company has entered into a 50/50 joint venture with the ‘Stora Enso OYJ Group’ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging Private Limited. The Joint Venture will include Paper & Paperboard and Corrugated business operations at Kasur and Karachi and will involve initial equity participation of Stora Enso of 35% by way of subscription of right shares with a commitment to increase the shareholding to 50% at a later stage subject to certain conditions being met. The company also decided to close down its Paper and Paperboard operations in Lahore which has divided the business into continuing and discontinued operations. The symbol “PKGS” is being used by the stock exchanges for the shares of Packages Limited.

The post Board meeting of Packages Limited to be held on October 16, 2014 appeared first on Business News Pakistan.

Karachi, August 07, 2013 (PPI-OT): This is to inform you that the meeting of the Board of Directors of the Company will be held at 11.30 A.M. on Monday, 26 August 2013 at Lahore to consider Unaudited Condensed Interim Financial Information for the half year ended 30 June 2013. Closed …

Karachi, June 21, 2013 (PPI-OT): This is to inform you that Mr. Tariq Iqbal Khan, nominee of National investment Trust Limited (NIT) has been appointed a member of the Board of Directors of Packages Limited (PKGS) with effect from 7 June 2013 in place of Mr. Wazir Ali Khoja. Please …

Karachi, May 31, 2013 (PPI-OT): In continuation of our earlier communication dated 18 September 2012 on the captioned, Packages Limited (PKGS) hereby announces the start of a joint venture (“JV”) with Stora Enso OYJ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging (Private) Limited (formerly Bulleh Shah …

Karachi, May 27, 2013 (PPI-OT): We are pleased to inform you that we have dispatched today by Registered Post all Dividend Warrants for the year ended 31 December 2012 to the shareholders of the Company. For more information, contact: Adi J. Cawasji Company Secretary Packages Limited Shahrah-e-Roomi, P.O. Amer Sidhu, …

Karachi, March 26, 2013 (PPI-OT): We append herewith a Notice of Annual General Meeting of Packages Limited (PKGS) for your information. This Notice is being published in the press on Friday, 29 March 2013. Notice of Annual General Meeting Notice is hereby given that the 58th Annual General Meeting of …