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January 21, 2020 – 12:00 am | No Comment

ISLAMABAD:Sikandar Sultan Raja will be appointed as the new Chief Election Commissioner (CEC).
A consensus decision to this effect was taken at the meeting of parliamentary committee on appointment of Chief Election Commissioner and the members of the Election Commission here on Tuesday.
The meeting also agreed to appoint Nisar Durrani as …

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World Bank approves a loan of $100 million for more and better jobs in...

April 1, 2016 – 10:32 am | Comments Off on World Bank approves a loan of $100 million for more and better jobs in Pakistan

Islamabad, April 01, 2016 (PPI-OT):The World Bank approved a loan of $100 million on Thursday to improve the investment climate in Punjab and create more and better jobs, thus contributing […]

Change of Share Registrar...

April 1, 2016 – 10:25 am | Comments Off on Change of Share Registrar

Karachi, Zahidjee Textile Mills Limited informed Pakistan Stock Exchange about changing its present share registrar M/s Consulting One (Private) Limited to CorpTec Associate (private) Limited with effect from April 01, 2016.

Annual general meeting of ZIL Limited to be held on April 29, 2016...

April 1, 2016 – 10:19 am | Comments Off on Annual general meeting of ZIL Limited to be held on April 29, 2016

Karachi, ZIL Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 29, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of annual general meeting held on April 27, 2015, consideration of the audited financial statements of the company for the year ended December 31, 2015, appointing and fixing the remuneration of the auditors. Further, the closed period of the company is from April 23, 2016 to April 29, 2016 (both days inclusive). ZIL Limited is a company incorporated in Pakistan on February, 1960 as a Private Limited Company. It converted into a public limited company in November 1986. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of home and personal care products. The stocks of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi. The symbol “ZIL” is being used by the stock exchange for the shares of Zil Limited.

Withholding of final cash dividend of shareholders of Allied Bank Limi...

April 1, 2016 – 10:19 am | Comments Off on Withholding of final cash dividend of shareholders of Allied Bank Limited

Karachi, Allied Bank Limited informed Pakistan Stock Exchange about withholding dividend for the year ended Dec 31, 2015 of those shareholders who have not yet provided copy of their CNICs till the provision of CNICs enabling the company to comply with the requirements issued by Securities & Exchange Commission of Pakistan. Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related services. The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain. The subsidiary of the company includes ABL Asset Management Company Limited. The bank is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is situated at Lahore. The services of the company are in the personal and business banking segment. The services of the bank in the banking segment includes everyday accounts, lifestyle banking, savings and term deposits, credit and debit cards, domestic remittances, banc-assurance and e-banking services. The symbol “ABL” is being used by the stock exchanges for the shares of Allied Bank Limited.

Material information of Aisha Steel Mills Limited...

April 1, 2016 – 10:19 am | Comments Off on Material information of Aisha Steel Mills Limited

Karachi, Aisha Steel Mills Limited informed Pakistan Stock Exchange that pursuant to a share purchase agreement executed on March 31, 2016 by Arif Habib Group with Metal One Corporation (Japan) the proposed Seller), it has been agreed that subject to satisfaction of certain conditions, Mr. Mohammad Arif Habib will individually acquire ordinary shares of the proposed seller in the company at a price of Rs.0.50 per share with intention of writing off and surrendering all the acquired shares of the proposed seller to the company. Aisha Steel Mills Limited is a company incorporated in Pakistan on May 30, 2005. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the business are supplying cold rolled steel coils to local and international customers. The company has entered into a strategic tie-up with Mitsubishi Corporation and ensures seamless marketing, sales, and distribution of its products. 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 is a joint venture between blue chip Pakistani and Japanese business groups which are Arif Habib Group, Pakistan Metal One Corporation, Japan, and Universal Metal Corporation, Japan. The capacity of the plant is 220,000 metric tons per year. The symbol “ASL” is being used by the stock exchanges for the shares of Aisha Steel Mills Limited.

Board meeting of Agritech Limited to be held on April 09, 2016...

April 1, 2016 – 10:07 am | Comments Off on Board meeting of Agritech Limited to be held on April 09, 2016

Karachi, Agritech Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on April 09, 2016 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended December 31, 2015. Further, the closed period of the company shall be from April 02, 2016 to April 09, 2016. Agritech Limited Pakistan was incorporated in Pakistan on December 15, 1959 as an unlisted Public Limited Company under the Companies Ordinance 1984. It is a wholly owned subsidiary of National Fertilizer Corporation of Pakistan Private Limited, a Government owned Corporation, until July 15, 2006. Later amalgamation of Hazara Phosphate Fertilizers Private Limited, a wholly owned subsidiary of the Company took place dated May 23, 2012. The company stocks are quoted on the Karachi Stock Exchange. The registered head office of the company is located in Lahore. The principal business of the company is the production of Urea and Granulated Single Super Phosphate fertilizer. The products of the company include Tara urea, Tara SSP and DAP. The symbol “AGL” is being used by the stock exchange for the shares of Agritech Limited.