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Decisions made in board meeting of Habib Sugar Mills Limited

May 30, 2016 – 9:27 am | Comments Off on Decisions made in board meeting of Habib Sugar Mills Limited

Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange that the board of Directors of the Company in their meeting held on May 28, 2016 at Karachi has approved capital expenditure of Rs. 1,100 million for enhancement of the sugarcane crushing capacity of the mills from 8,500 TCD to 10,500 TCD through Balancing, Modification and Replacement (BMR). Habib Sugar Mills Limited is a public limited Company incorporated in Pakistan, with its shares quoted on the Pakistan Stock Exchange. The Company is engaged in the manufacturing and marketing of refined sugar, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities. The symbol “HABSM” is being used by the stock exchanges for the shares Habib Sugar Mills Limited.

Board meeting of Hum Network Company Limited to be held on June 06, 2016

May 30, 2016 – 9:27 am | Comments Off on Board meeting of Hum Network Company Limited to be held on June 06, 2016

Karachi, Hum Network Company Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on June 06, 2016 at Karachi. The agenda of the meeting shall be consideration of the proposed acquisition or merger of a media production house, appointment of financial and legal advisor for its evaluation. Hum Network Company Limited was incorporated in Pakistan as a public limited company in February 2004 with the name of Eye TV Limited. Later on January 21, 2011 the company name was changed to Hum Network Company Limited. The principal activities of the business include launching of transnational satellite channels and presenting the cultural heritage of Pakistan. The core business operations of the company are production, advertisement, entertainment and media marketing. Programs related to information, entertainment, news, education, health food, music and societies are shown on the channel. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The brands of the company include Hum TV, Masala TV and Hum 2 in the television medium. The publications of the company include Masala TV food magazine, Humsay and Bridal Couture Week Magazine. The symbol “HUMNL” is being used by the stock exchanges for the shares of Hum Network Company Limited.

Board meeting of Drekkar Kingsway Limited to be held on June 06, 2016

May 30, 2016 – 9:27 am | Comments Off on Board meeting of Drekkar Kingsway Limited to be held on June 06, 2016

Karachi, Drekkar Kingsway Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on June 06, 2016 at Islamabad. The agenda of the meeting is to consider increase in Authorized Capital of the Company. Further, the closed period of the company shall be from May 30, 2016 to June 06, 2016 (both days inclusive). Drekkar Kingsway Limited is located in Islamabad. It is listed on Pakistan Stock Exchange. The symbol “DKL” is being used by the stock exchange for the shares of Drekkar Kingsway Limited.

Board meeting of Johnson and Phillips (Pakistan) Limited to be held on June 06, 2016

May 30, 2016 – 9:27 am | Comments Off on Board meeting of Johnson and Phillips (Pakistan) Limited to be held on June 06, 2016

Karachi, Johnson and Phillips (Pakistan) Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on June 06, 2016 at Karachi. The agenda of the meeting shall be consideration of appointment of Chief Executive of the company for next three years. Further, the closed period of the company shall be from May 31, 2016 to June 06, 2016 (both days inclusive). After the creation of Pakistan in 1947, J&P was the first foreign company to open a sales office in the country. In 1948, J&P opened a small sales office in Karachi. By 1949, J&P had built two production bays and an office block at Sindh Industrial trading Estates, Karachi where it commenced the manufacture of low tension Switchboards incorporating imported circuit breakers and switch-fuses. In 1954, work started on two new productions bays and these were completed early the following year. Jigs were imported and machinery bought to extend the range of manufacture to High Tension Switchboards. J&P, a pioneer in the electrical development of Pakistan was the first company to manufacture H.T. Oil Circuit Breakers in country, in 1961. In 1958 a further production bay was added to the existing J&P factory, and in September 1961, Some more machinery-jigs, tools and fixtures, were installed at the new production unit and the manufacture of High tension Oil Circuit breakers were commenced. The first two circuit breakers were manufactured in Pakistan were sent to the independent short Circuit Test Station of K.E.M.A. in Holland where they successfully passed the stringent Short Circuit Test to the latest British standards. In 1968, the J&P product range was diversified to include Distribution Transformers. A unit for the manufacture of Distribution Transformers was added to our factory in 1968. Orders were immediately received from electricity Authorities in Pakistan – WAPDA and the Karachi Electricity Supply Corporation. J&P equipment supplied in 1968 to K-Electric and WAPDA is still operating satisfactory. The symbol “JOPP” is being used by the stock exchange for the shares of Johnson and Phillips (Pakistan) Limited.

Board meeting of Sui Southern Gas Company to be held on June 04, 2016

May 30, 2016 – 9:26 am | Comments Off on Board meeting of Sui Southern Gas Company to be held on June 04, 2016

Karachi, Sui Southern Gas Company informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on June 04, 2016 at Karachi. The agenda of the meeting shall be consideration of half yearly accounts for period ended December 31, 2013 and December 31, 2014. Further, the closed period of the company shall be from May 27, 2016 to June 04, 2016 (both days inclusive). Sui Southern Gas Company is an integrated gas company operating in Pakistan. The company is engaged in the business of transmission and distribution of natural gas besides construction of high pressure transmission and low pressure distribution systems. The company’s transmission system extends from Sui in Balochistan to Karachi in Sindh comprising over 3,220 KM of high pressure pipeline ranging from 12 – 24″ in diameter. The distribution activities covering over 1200 towns in Sindh and Balochistan are organized through the regional offices of the company. The company also owns and operates gas meter manufacturing plant in the country which has an annual production capacity of over 750,000 meters. The Government owns the majority of the shares which is presently over 70%. 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 “SSGC” is being used by the stock exchanges for the shares of Sui Southern Gas Company.

Transaction of 1,000 shares of Dynea Pakistan Limited

May 30, 2016 – 9:26 am | Comments Off on Transaction of 1,000 shares of Dynea Pakistan Limited

Karachi, Dynea Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 46.30 per share were bought from the market on May 27, 2016 through CDC. Pakistan Refinery Limited was incorporated in Pakistan as a public limited company in May, 1960. The foundations of the company are based on the Companies Ordinance, 1984. The company is engaged in the production and sale of petroleum products the domestic market and Pakistan defense forces. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated in Karachi. The refinery is operating at two locations. Main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari. The design capacity of the refinery is 2.1 million tons per annum. The company is a hydro skimming refinery designed to process various imported and local crude oil to meet the strategic and domestic fuel requirements of the country. The refinery has a capacity of processing 47,000 barrels per day of crude oil into a variety of distilled petroleum products such as furnace oil, high speed diesel, kerosene oil, jet fuel and motor gasoline etc. The symbol “PRL” is being used by the stock exchanges for the shares of Pakistan Refinery Limited.