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Pakistan Press International

News Ticker: Two Killed, One Injured Over Personal Dispute in Baldia Town Karachi, Other Incidents Leave Seven InjuredMochko Police Raid in Karachi South, Suspects in Kidnapping and Robbery ArrestedImran and Bushra Trapped in a Small Room Amid Rising Temperatures: Pakistan Tehreek-e-InsafFunds in Punjab Budget for Controversial Canals is Hostility Towards Sindh, Jamaat-e-Islami SindhMilli Yakjehti Council Declares ‘Day of Protest’ Against Israeli Actions in IranSSP Security Islamabad Briefs Chinese Officials on SecurityOn the World Day Against Hate Speech, Governor Sindh Highlights Social HarmonyHearing for Dr. Aafia Siddiqui’s Case Scheduled for June 25Pakistan, Australia Vow Closer Parliamentary, Trade, and Climate CooperationKey Police Appointments Made in Islamabad Amid Performance ShakeupSSP Operations Chairs High-Level Meeting to Curb Crime in IslamabadIslamabad Administration Cracks Down on Indoor Shisha CafesIslamabad Police Launched Grand Search Operation; Illegal Weapons SeizedPakistani Squash Stars Shine in Asian ChampionshipMiddle Eastern, Islamic Nations Condemn Israeli Strikes on Iran, Urge Immediate De-escalation, Diplomatic ResolutionPunjab’s Health and Education Budget Exceeds the Entire Budget of Khyber Pakhtunkhwa: Punjab Information MinisterPunjab Allocates Significant Budget for Health and Education: Senior Minister Maryam AurangzebDiscussion on ML-1 and ML-3 Railway Projects in a Meeting Chaired by the Prime MinisterSuspension of Indus Water Treaty is a Direct Threat to Pakistan’s Water Supply: Prime MinisterSiraj ul Haq and Allama Jawad Naqvi Visit Iranian Embassy in Islamabad, Express SolidarityBalochistan Assembly Presents a Budget of 1028 Billion Rupees, Eliminates 6000 Jobs, Increases Salaries and PensionsHafiz Naeem’s Statements are Political Point Scoring: Sharjeel Inam MemonItalian Navy Ship Anchors at Karachi Port, Conducts Joint Exercises47 Scientists, Engineers Honoured with Civil Awards for Meritorious Services Under NCA: ISPRPresident of Azad Kashmir Tanveer Ilyas Expresses Concern Over Atrocities in Occupied KashmirGovernor Sindh Contacts Iranian Ambassador, Discusses Safe Return of Pakistani PilgrimsCOAS Meets Overseas Pakistanis in Washington DC, Highlights Their Key Role in Pakistan’s ProgressIncrease in Electric Vehicle Purchases in Pakistan Due to Rising Petrol PricesSenate Committee Opposes GST on Solar Panels, Demands Fair Taxation on Small Cars in Fifth Budget Review SessionUzbek Ambassador Meets Speaker of the National Assembly at Parliament HouseIslamabad Food Authority Cracks Down on Substandard Salt Units: 3 Sealed After InspectionCDA Scraps Digital Parking System, Reverts to Manual ‘Perchi’ Method Amid ControversySanitation Workers Honoured on Global Sanitation Workers Day in Islamabad1295th Urs of Hazrat Abdullah Shah Ghazi Begins in Karachi, Inaugurated by Acting GovernorWater Crisis in Karachi, Power Supply to Pipri Pumping Station Disrupted Due to Cable FaultSister-in-Law Murdered by Brother-in-Law in Okara, Suspect Flees, Police Begin SearchIn various incidents in Karachi, 2 people including a woman killed, 5 injuredReview of Proposed 18% Sales Tax on Solar Panels in the Federal Budget Urged – National Business GroupFluctuations in Euro and British Pound Rates in Currency Market, Dollar Price Remained Between 283.80 and 285.40PPP Chairman Pays Rich Tribute to Fauzia WahabKarachi Chamber Expresses Disappointment Over State Bank’s High Interest Rate DecisionPlastic Bags Manufacturing Will Not Be Tolerated Under Any Circumstances: Sindh’s Secretary of EnvironmentBilawal Pays Glowing Tribute to Shaheed Suhrawardy on Martyrdom AnniversaryKARACHI Concern Shown Over Proposed Solar Panel TaxIncrease in Petroleum Product Prices Will Lead to Further Inflation: JamaateIslami SindhNo Polio Cases Reported in Balochistan This Year as Health Minister Calls for National Unity Against VirusDrought Is a National Emergency, Warns Senator SherryOver 9,000 Traffic Violations Recorded in a Week in Islamabad41 Criminals Nabbed in Islamabad, Arms and Liquor SeizedPublic Grievances Addressed in Open Court by Islamabad PolicePolice Crackdown in Sukkur and Shikarpur, Bandits’ Hideouts Demolished268 Pakistanis Return From Iraq As Repatriation Intensifies Amid Travel UncertaintyUS Dollar Rises from 283.53 to 285.34, British Pound and Euro Rates Also IncreaseKSE 100 Index Closes at 122,225.36, Up by 72.80 PointsPTCL Group, TPL Insurance Launch Initiative to Boost Enterprise Device FinancingGovt Warned on Risks from FBR Compliance Demands, Says PCDMA ChiefChinese Delegation Explores Housing Ventures In Pakistan24Karat Gold Price Drops by Rs 700 Per Tola in the Gold MarketBlue Economy Holds Key to Pakistan’s Future, Says PMPakistan, Romania Vow to Strengthen Bilateral Ties Amid Concerns Over Middle EastAllama Iqbal Open University focusing on improving distance education in MuzaffarabadSenior Politician Mahmood Moulvi Meets Maulana Fazlur Rehman to Discuss Karachi’s IssuesSindh Allocates 25 Billion Rupees to Facilitate Public with Solar Energy: Nasir ShahSindh Governor Lauds Overseas Pakistanis as Economic HeroesIsraeli Attack on Iran a Violation of International Laws, UN, says Allama Shabbir MeisamiFive Indian-Backed Militants Killed in Separate Operations in KPUAE Delegation Explores Enhanced Bilateral Cooperation with PakistanInternational Community Must Focus on Human Rights Violations in Occupied Kashmir: Sultan ChaudhryFive Khwarij belonging to Indian Proxy killed operation: ISPRSenate Hosts Groundbreaking AI Workshop to Boost Digital GovernanceSBP Retains Policy Rate at 11% Amidst Inflation and Growing Economic RisksLahore Chamber condemns Israeli Military Actions Against IranPrime Minister Expresses Gratitude on International Day of Family RemittancesSenate Panel Uncovers Billions in Hidden Revenues, Proposes Major Amendments to Finance Bill 2025Pakistan Clears FATF Requirements, Defense MinisterIncrease in Petroleum Prices is Detrimental, Inflation Storm Will Sweep Away the Rulers: Grand Democratic AllianceIslamabad Police Intensify Traffic Enforcement Drive Under IG’s DirectivesIslamabad Administration Vows Strict Action on Illegal ActivitiesAga Khan University Hospital Champions High-Risk Pregnancy EducationWhen will the Red Line Bus Project on Karachi University Road be completed? PasbanIntensity in Karachi Police’s Campaign Against Crime: Numerous Arrests and Seizures MadeYoung Man Killed in Firing at Wedding Ceremony in Korangi, 8 Others Injured in 4 Separate IncidentsDisappointment Over State Bank’s Decision to Maintain High Policy Rate: Karachi ChamberPCMA Expresses Concerns Over FBR-Introduced Tax ReformsFinance Minister Leads New Committee to Address Oil Price Fluctuations Amid Mideast TensionsDecision to Maintain Interest Rate at 11% is ‘Temporarily Acceptable’: KATIAllied Bank Initiates Interledger Protocol Pilot for Enhanced Cross-Border PaymentsPPP Focuses on Combating Misinformation Through Digital StrategyPakistan, Bulgaria Celebrate 60 Years of Diplomatic TiesFather’s love is an invaluable treasure in child’s development: GovernorPakistan evacuates its 450 pilgrims from IranFather’s Day: Sindh CM calls for paying attention to fathers’ unseen sacrificesHeightened Security Measures Enforced at Diplomatic EnclaveNKATI Demands More Liberal Industrial Policy in SindhPDP Describes Israeli Attack as Assault on Entire Muslim CommunityFPCCI Sounds Alarm over Israeli Aggression Against Iran, Loss of LivesPunjab University Conducts Nationwide Entry Test in 20 Major CitiesSon Kills Mother Over Bread Delay, Leaving Family in ShockTwo robbers captured in Islamabad; looted goods, cash seizedIslamabad police launches big crackdown on illegal parking

Board Meeting other than Financial Result of Modaraba Al-Mali

February 15, 2022

Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 15, 2022 at Karachi to consider and discuss the strategic plans for the re-positioning/amalgamation of LSE Financial Services including possible amalgamation subject to necessary approval.

Further, the company has declared the closed period from February 15, 2022 to February 16, 2022.

Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 and is managed by BankIslami Modaraba Investments Limited. The Modaraba is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling/service station. The Modaraba is listed at Pakistan Stock Exchange.

The total number of shares are 18,423,945. The Earnings per share is 1.01 in 2020 which was 0.43 in 2019. The Profit after taxation is 18,607,000 in 2020 which was 7,965,000 in 2019.

The post Board Meeting other than Financial Result of Modaraba Al-Mali appeared first on Pakistan Company News.

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