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Home » Archive by Month

Article Archive for October 2016

Financial results of Dawood Capital Management Limited for quarter ended September 30, 2016

October 31, 2016 – 8:50 am | Comments Off on Financial results of Dawood Capital Management Limited for quarter ended September 30, 2016

Karachi, Dawood Capital Management Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 28, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 33,360,396 with earnings per share 2.23 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from November 24, 2016 to November 30, 2016 (both days inclusive). Dawood Capital Management Limited was incorporated in Pakistan on September 18, 1990 as a public limited Company. The Company is re-registered as a Non Banking Finance Company under the Non Banking Finance Companies (Establishment and Regulation) Rules, 2003 (the NBFC Rules). The Company has obtained the licenses to carry out investment advisory services and asset management services under the NBFC Rules and the Non Banking Finance Companies and Notified Entities Regulations, 2008 (the NBFC Regulations). The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The company has floated the following open end funds namely Dawood Income Fund and Dawood Islamic Fund. The company has also floated a closed end fund, First Dawood Mutual Fund. During the year the licenses of the company have been renewed for Asset Management Services and Investment Advisory Services vide approval dated October 27, 2011, effective from May 27, 2010 and May 26, 2010, respectively, valid for a period of three years. The symbol “DCM” is being used by the stock exchanges for the shares of Dawood Capital Management Limited.

Financial results of Salfi Textile Mills Limited for quarter ended September 30, 2016

October 31, 2016 – 8:50 am | Comments Off on Financial results of Salfi Textile Mills Limited for quarter ended September 30, 2016

Karachi, Salfi Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 29, 2016. The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2016 which portrayed a loss of Rs. 34,853 with loss per share 10.43 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Salfi Textile Mills Limited is a company incorporated in Pakistan on January 5, 1968. It is a public limited company formed under the Companies Act, 1913 as repealed by Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of yarn. The manufacturing facilities of the company are located at Landhi Industrial Estate, Karachi in the province of Sindh. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi. The symbol “SALT” is being used by the stock exchanges for the shares of Salfi Textile Mills Limited.

Financial results of Netsol Technologies Limited for quarter ended September 30, 2016

October 31, 2016 – 8:50 am | Comments Off on Financial results of Netsol Technologies Limited for quarter ended September 30, 2016

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 28, 2016.
The agenda of the meeting was discussion of unconsolidated and consolidate…

Wuyuan’s Shicheng Village Sets Up New Routes for Visitors as Fall Foliage Reaches Peak Season

October 31, 2016 – 7:00 am | Comments Off on Wuyuan’s Shicheng Village Sets Up New Routes for Visitors as Fall Foliage Reaches Peak Season

WUYUAN, China, Oct. 31, 2016 /PRNewswire/ — To present visitors a better viewing experience this year, Jiangxi Wuyuan Tourism Co., Ltd. has been renovating the walking trails around Shicheng Village, one of the prime viewing locations of maple leaves in Wuyuan County China as the peak season of this year’s fall foliage is expected to arrive in early November. […]

Ambassador of Yemen to Pakistan Calls on Special Assistant to the Prime Minister Syed Tariq Fatemi today

October 31, 2016 – 5:00 am | Comments Off on Ambassador of Yemen to Pakistan Calls on Special Assistant to the Prime Minister Syed Tariq Fatemi today

Mr. Mohammed Motahar Ali-Shabi, the newly appointed Ambassador of Yemen to Pakistan called on the Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi on 31 October 2016, in his office. The SAPM welcomed the Ambassador Motahar …

Finance Minister inaugurated 75th Plenary Meeting of International Cotton Advisory Committee

October 31, 2016 – 5:00 am | Comments Off on Finance Minister inaugurated 75th Plenary Meeting of International Cotton Advisory Committee

Finance Minister Senator Mohammad Ishaq Dar inaugurated the 75th Plenary Meeting of International Cotton Advisory Committee at Islamabad today. Minister for National Food Security and Research Sikandar Hayat Khan Bosan and Dr. Farrukh Javed, Minister f…