‫چین 2016ء ایشیائی بین الاقوامی ڈاک ٹکٹ نمائش ناننگ میں مکمل

ناننگ، چین، 7 دسمبر 2016ء/پی آرنیوزوائر/– چین 2016ء ایشیائی بین الاقوامی ڈاک ٹکٹ نمائش 2 دسمبر سے 6 دسمبر تک ناننگ میں ہوئی۔ نمائش کو انٹر-ایشیا فلیٹلک فیڈریشن (ایف آئی اے پی) کا تعاون حاصل تھا اور اسے انٹرنیشنل فلیٹلک فیڈریشن (ایف آئی پی) نے تسلیم کیا۔ ایف آئی اے پی کی جانب سے کی […]

China 2016 Asian International Stamp Exhibition Closed in Nanning

Nanning, China, Dec. 7, 2016 /Xinhua-AsiaNet/– China 2016 Asian International Stamp Exhibition was held from December 2 to December 6 in Nanning. The Exhibition was sponsored by Inter-Asia Philatelic Federation (FIAP) and recognized by International Philatelic Federation (FIP). Established by the FIAP, the exhibition is a regional stamp exhibition which is aimed to boost the […]

Resignation of Director of NIB Bank Limited

Karachi, NIB Bank Limited informed Pakistan Stock Exchange about resignation of President/CEO/Director Mr. Atif R. Bokhari and the appointment of Mr. Yameen Kerai as acting President/CEO with effect from December 08, 2016. NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad. The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country. The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.

Board meeting of Associated Services Limited

Karachi, Associated Services Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on December 13, 2016 at Karachi. The agenda of the meeting is to discuss the merger of the company with and into Macter International Limited. Further, the closed period of the company shall be from December 07, 2016 to December 13, 2016(both days inclusive). Associated Services Limited, formerly Latif Jute Mills Limited, is a Pakistan-based management services company. The Company offers an array of services ranging from feasibility and conceptual design, through to detailed design, planning submission, tendering, and contract advice, appointment of contractor, site inspection and completion. It specializes in providing advice on conservation, repair and restoration of historic buildings. It offers historical research and analysis of both individual and groups of buildings. Its services include project management, construction, cost management, engineering, architecture, Web design, brand design, consultancy, computer services, ground surveys, maintenance, and marketing, employment services, catering staffing and promotional work. The Company offers professional management services to a range of businesses and organizations, including owner-occupiers, public sector, commercial developers, funds, contractors and residential developers. The symbol “ASRL” is being used by the stock exchange for the Associated Services Limited.

Appointment of director of KASB Securities Limited

Karachi, KASB Securities Limited informed Pakistan Stock Exchange about appointment of Mr. Sohail Sikandar with effect from December 05, 2016 in place of Mr. Fahad Asad Khan. KASB Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsidiary of KASB Bank Limited which acts as a parent company. The holding includes 77.12% of the shares of the group. The operations of the company were effectively commenced from January 01, 2003. The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh. The shares of the company are listed on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has corporate membership of the Karachi Stock Exchange Limited and Pakistan Mercantile Limited. The company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking. The company also invests in a mix of listed and unlisted equity and debt securities, economic research and advisory services. The subsidiary of the company is Structured Venture Limited which was incorporated in Pakistan on June 25, 2010. It is wholly owned by KASB Securities Limited. The symbol “KASBSL” is being used by the stock exchange for the shares of KASB Securities Limited.

Change of Director of Imperial Sugar Limited

Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange about appointment of Mr. Malik Sohail Ahmed and Mr. Najam Faiz as Director of the company in place of Mr. Abdul Sammee and Mr. Muhammad Asghar with effect from November 11, 2016. Imperial Sugar Limited is a public limited company, incorporated on May 9th, 2007 to undertake Sugar and Allied businesses. The company acquired two Sugar plants and one Ethyl Alcohol (Ethanol) Distillery in the year 2007. After completion of these acquisitions and approval of the SECP and KSE, the Company was listed on Karachi Stock Exchange on August 13th, 2008. In order to recover a huge amount of Carbon Dioxide Gas (CO2) that is produced during the fermentation process of Molasses, a state of the art CO2 Recovery Plant with 48 Metric Tons/Day capacity was bought from Italy, which is currently under erection and installation process. It is worth mentioning that no distillery in Pakistan but one other than ours has the CO2 recovery system installed. Elsewhere in Pakistan, CO2 produced during fermentation process is exhausted in the atmosphere and thus wasted. The Symbol “IMSL” is being used by the stock exchange for Imperial Sugar Limited.

Board meeting of Agritech Limited

Karachi, Agritech Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on December 14, 2016 at Karachi. The agenda of the meeting is to approve the budget of the year 2017. 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.