Packages Limited : AsiaNet-Pakistan

Tag: Packages Limited

Annual general meeting of Packages Limited to be held on April 16, 2015

March 6, 2015 | Board Meetings

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.

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Board meeting of Packages Limited to be held on October 16, 2014

September 30, 2014 | Board Meetings

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.

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Packages Limited’s board meeting

August 7, 2013 | Board Meetings

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 Period In terms of the […]

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Packages Limited’s change of director

June 21, 2013 | Elections / Appointments

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 inform the members of your […]

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Packages Limited’s announces start of joint venture with stora enso

May 31, 2013 | Miscellaneous

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 Paper Mills (Private) Limited) (“Company”). […]

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Packages Limited’s dispatch of dividend warrants

May 27, 2013 | Dividend Distribution

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, Lahore- 54760, Pakistan Ph: 35811541-46 […]

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Packages Limited’s notice of annual general meeting

March 26, 2013 | Board Meetings

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 Packages Limited will be held […]

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Packages Limited’s accounting year ended 31 December 2012

March 18, 2013 | Miscellaneous

Karachi, March 18, 2013 (PPI-OT): We are pleased to inform you that the Board of Directors of the Company in their meeting held today at Karachi recommended a cash dividend to the shareholders for approval at the Annual General Meeting as follows. i) To the preference shareholder (international Finance Corporation) at the rate of Rs. […]

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Packages Limited’s notice of disposal of shares

December 13, 2012 | Miscellaneous

Karachi, December 13, 2012 (PPI-OT): This is to inform you that Syed Shahid Ali, Director of Packages Limited (PKGS) has disposed off the shares of Packages Limited as per following details:- S. No Date of Transaction Price (Rs.) No. of Shares Nature 1. December2012 152.90 10,000 Electronical within the Central Depository System 2. December 2012 […]

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Packages Limited’s notice of buying/taking position in shares

[ 0 ] October 10, 2012 | Miscellaneous

Karachi, October 10, 2012 (PPI-OT): This is to inform you that Syed Hyder Ali, Managing Director and Chief Executive of Packages Limited (PKGS) has purchased the share of Packages Limited as per following details: S. No. Trade Date Price No. of shares From Nature 1. 24 September 2012 123.29 500 CDC Purchase 123.30 3,000 123.36 […]

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Packages Limited’s sign joint venture deal with Stora Enso OYJ group Finland

[ 0 ] September 18, 2012 | Miscellaneous

Karachi, September 18, 2012 (PPI-OT): Packages Limited (PKGS) hereby announces that its Board of Directors has resolved to sign an agreement to start a 50/50 joint venture (“JV”) with Stora Enso OYJ Group of Finland in its 100% wholly owned subsidiary Bulleh Shah Paper Mill (Private) Limited (“Company”). Stora Enso is the second largest paper […]

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Packages Limited’s financial results for the half year ended 30 June 2012

[ 0 ] August 27, 2012 | Financial Results

Karachi, August 27, 2012 (PPI-OT): The Board of Directors of Packages Limited (PKGS) in their Meeting held on 25 August 2012 (Saturday) at 11.30 A.M. at Lahore gave their permission for the release and placing on the Company’s website (http://www.packages.com.pk/periodical_reports.htm) the unaudited condensed interim financial information in respect of the above captioned period. The financial […]

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