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Home » Archive by Month

Article Archive for November 2016

KCCI opposes FBR audit policy 2016

November 30, 2016 – 11:45 am | Comments Off on KCCI opposes FBR audit policy 2016

Karachi, November 30, 2016 (PPI-OT): President of the Karachi Chamber of Commerce and Industry Shamim Ahmed Firpo, while expressing sheer disappointment over the recently approved ‘FBR Audit Policy 2016’, termed […]

Thar coal reserves to meet growing energy demand for decades

November 30, 2016 – 11:45 am | Comments Off on Thar coal reserves to meet growing energy demand for decades

Islamabad, November 30, 2016 (PPI-OT): World’s 7th largest Thar coal reserves are set to meet growing energy demands of country as coal mining and power plant projects have entered construction […]

Dispatch of final dividend warrants of The Crescent Textile Mills Limited

November 30, 2016 – 11:30 am | Comments Off on Dispatch of final dividend warrants of The Crescent Textile Mills Limited

Karachi, The Crescent Textile Mills Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend @ Rs. 1.255 per share, i.e. 12.55% for the year ended June 30, 2016 have been dispatched by registered post or through courier service on November 29, 2016. The Crescent Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the principals of the Companies Ordinance, 1984. The company is engaged in the business of textile manufacturing comprising of Made ups, processed fabrics, Greige Fabric and Yarn. These products are made from raw cotton and synthetic fibers. The company also operates a cold storage and a power generation house. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The resistered office of the company is located in Lahore. The symbol “CRTM” is being used by the stock exchanges for the shares of the Crescent Textile Mills Limited.

Dispatch of final dividend warrants of Service Fabrics Limited

November 30, 2016 – 11:30 am | Comments Off on Dispatch of final dividend warrants of Service Fabrics Limited

Karachi, Service Fabrics Limited informed Pakistan Stock Exchange that the dividend warrants in respect of final dividend @ Rs. 0.20 per share, i.e. 2% for the year ended June 30, 2016 have been dispatched by registered post or through courier service on November 29, 2016. Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI). The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.

Transaction of 500 shares of Ismail Industries Limited

November 30, 2016 – 11:30 am | Comments Off on Transaction of 500 shares of Ismail Industries Limited

Karachi, Ismail Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 410 per share were bought from the market on November 29, 2016. Ismail Industries Limited is a company incorporated in Pakistan as a Private Limited Company on June 21, 1988. On November 01, 1989 the company was converted to a Public Limited Company. The principal activities of the company are manufacturing and trading of sugar confectionery items, biscuits, potato chips and cast polypropylene film under the brands of Candyland, Bisconni, Snackcity and Astropack. The company is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi. The symbol “ISIL” is being used by the stock exchange for the shares of Ismail Industries Limited.

Approval of 40% cash dividend of Wah Noble Chemicals Limited

November 30, 2016 – 11:30 am | Comments Off on Approval of 40% cash dividend of Wah Noble Chemicals Limited

Karachi, Wah Noble Chemicals Limited informed Pakistan Stock Exchange that a cash dividend @ 40% recommended by the Board of Directors for the year 2015-16 has been approved by the shareholders in their annual general meeting held today. Wah Nobel is a company founded in 1962 in Pakistan. It is a joint venture between Saab Sweden, Almisehal Saudi Arabia and the Pakistan Ordnance Factories. The foundations of the company are laid on the principals of Companies Ordinance, 1984. Wah Nobel shows safety, reliability, service and commitment in its products. The products of the company are used both locally and internationally. The main product of the company is explosives. It also provides training facilities for its customers. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Wah Cantt. The symbol “WAHN” is being used by the stock exchanges for the shares of Wah Nobel.