Board of directors meeting of Khyber Tobacco Company Limited

Karachi, Khyber Tobacco Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 31, 2016 at Mardan. The agenda of the meeting will to consider the quarterly accounts for the period ended September 30, 2016. Further, the Company has declared the closed period from October 25, 2016 to October 31, 2016 Khyber Tobacco Company Limited is a public limited company incorporated in Pakistan on October 15, 1954. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture and sale of cigarettes and re-drying of tobacco. The products of the company are Gold Street, Classic, Hero, Chance and Virtue. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Mardan. The company has extended its operation around the world with an established distribution network in parts of Eastern Europe, South and West Africa, Central and South Asia and the Middle East. It has internationally recognized brands and a fully integrated production facility to provide leaf and blended tobaccos. The symbol “KTC” is being used by the stock exchanges for the shares of Khyber Tobacco Company Limited.

Financial results of Pakistan State Oil Company Limited for quarter ended September 30, 2016

Karachi, Pakistan State Oil Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 30, 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. 4,375,819 with earnings per share 16.11 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 October 15, 2016 to October 24, 2016 (both days inclusive). Pakistan State Oil Company Limited is a public limited company incorporated in Pakistan in 1976. The foundations of the company are laid using the Companies Ordinance, 1984. The principle activities of the company are procurement, storage and marketing of petroleum and related products. The company is also known for blending various kinds of lubricating oils. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The products which the company sells include Motor Gasoline, High Speed Diesel, Furnace Oil, Jet Fuel, Kerosene, CNG, LPG, Petrochemicals and Lubricants. The distribution network of the company comprises of 3,689 outlets out of which 3,500 outlets serve the retail sector and 189 outlets serve the bulk customers. In addition to retail customers more than 2,000 industrial units, business houses, power plants and airlines are being fueled by the company. The associated companies of PSO are Asia Petroleum Limited with 49% shareholding and Pak Grease Company Limited with 22% shareholding percentage. The industry association and trade bodies of the company include Management Association of Pakistan and World Economic Forum. The symbol “PSO” is being used by the stock exchanges for the shares of Pakistan State Oil Company Limited.

Financial results of Rupali Polyester Limited for quarter ended September 30, 2016

Karachi, Rupali Polyester Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 22, 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. 66,274 with loss per share 1.95 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 October 22, 2016 to October 31, 2016 (both days inclusive). Rupali Polyester Limited is a company incorporated in Pakistan as a Public Limited Company on May 24, 1980. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of polyester and related products. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The symbol “RUPL” is being used by the stock exchange for the shares of Rupali Polyester Limited.

Financial results of Pakistan Capital Market Fund for quarter ended September 30, 2016

Karachi, Pakistan Capital Market Fund informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 21, 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. 23,183. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pakistan Capital Market Fund (A Balanced Fund) (referred to as PCM) is an open end balanced fund that invests in a range of asset classes such as equity and debt in Pakistani market. The asset allocation to equities and debt is made on the basis of relative attractiveness of each asset class. The investment process is driven by fundamental research. For equities investment, fundamental outlook of sectors/companies and DCF (discounted cash flow) valuations are the primary factors in sectors’ allocation and stock selection. For debt investment, interest rate outlook is the key determining factor and allocation to this segment is increased when the yields are comparatively higher compare to the total returns on equities. Investment is made in corporate bonds (investment grade) and government bonds. The symbol “OEFPCMF” is being used by the stock exchange for the Pakistan Capital Market Fund.

Financial results of AKD Aggressive Income Fund for quarter ended September 30, 2016

Karachi, AKD Aggressive Income Fund informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 22, 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. 19,749. Further, nil payment of cash dividend, bonus shares and right shares was agreed. AKD Aggressive Income Fund (AKDAIF) is a dedicated fund that focuses primarily on fixed income securities and instruments. The objective of AKDAIF is to offer investors a convenient vehicle to invest in a diversified portfolio of fixed income securities/instruments that provide consistent returns with concern for preservation of capital over the longer term. AKD Investment Management Limited serves investors in Pakistan’s capital markets with diligence, integrity and professionalism, thereby delivering consistent superior returns and unparalleled customer service. AKD Investment Management Limited (AKDIML) is the investment management firm under umbrella of AKD Group. AKD Investment was established in September 2004.[1] The firm focuses on investment management, managing mutual funds and discretionary management of institutional portfolios. The symbol “OEFAKDAIF” is being used by the stock exchange for AKD Aggressive Income Fund.

Board of directors meeting of Masood Textile Mills Limited

Karachi, Masood Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 29, 2016 at Faisalabad. The agenda of the meeting will to consider of un-audited accounts of the Company for the first quarter ended September 30, 2016. Further, the Company has declared the closed period from October 22, 2016 to October 30, 2016 Masood Textile Mills is the only textile mill in Pakistan with latest computerized Barcode System that assures quality in every operation of production from spinning to packing. Products of each department carry bar coded stickers, which bear all the details and history of the operations of that product. Hence if any problem is reported, one can trace back the root of the problem and enable to prevent occurrence of the same in future. Besides, MTM is one of the few fully vertical textile mills in Pakistan having in-house Yarn, Knitting, Fabric dyeing, Processing, Laundry and Apparel Manufacturing facilities. The vertically integrated operations help us in achieving shorter lead times and greater flexibility to cater to the customers demand. The symbol “MSOT” is being used by the stock exchange for Masood Textile Mills.

Board of directors meeting of Emco Industries Limited

Karachi, Emco Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 28, 2016 at Lahore. The agenda of the meeting will to consider the quarterly accounts for the period ended September 30, 2016. Further, the Company has declared the closed period from October 21, 2016 to October 28, 2016 EMCO Industries Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company operated as a private limited company on August 17, 1954 by the name of Electric Equipment Manufacturing Company Private Limited. Later, it was converted into a public company on August 20, 1983 and its name was changed to EMCO Industries Limited on September 12, 1983. The company is principally engaged in the manufacture and sale of high/low tension electrical porcelain insulators, switchgear and ceramic tiles. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore. The symbol “EMCO” is being used by the stock exchanges for the shares of EMCO Industries Limited.

Financial results of AKD Index Tracker Fund for quarter ended September 30, 2016

Karachi, AKD Index Tracker Fund informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 22, 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. 4,036. Further, nil payment of cash dividend, bonus shares and right shares was agreed. The objective of the AKD Index Tracker Fund (AKDITF) is to track the returns of the KSE-100 Index with up to 85% accuracy, providing investors with a high quality, in depth diversification instrument. AKD Investment Management Limited serves investors in Pakistan’s capital markets with diligence, integrity and professionalism, thereby delivering consistent superior returns and unparalleled customer service. AKD Investment Management Limited (AKDIML) is the investment management firm under umbrella of AKD Group. AKD Investment was established in September 2004.[1] The firm focuses on investment management, managing mutual funds and discretionary management of institutional portfolios. The symbol “OEFAKDITF” is being used by the stock exchange for AKD Index Tracker Fund.