Pakistan Engineering Company Limited appoints new Director

Karachi: Pakistan Engineering Company Limited informed Karachi Stock Exchange about appointment of Mr. Naveed Nazir as director on the board in place of Mr. Muhammad Arif Azim. “Pakistan Engineering Company Limited is a company incorporated in Pakistan on February 15, 1950. The foundations of the company are laid under Companies Ordinance, 1984 as a public limited company. The company is principally engaged in the manufacturing and sale of engineering products. The major products of the company are electricity transmission and communication towers, electric motors, pumps and steel rolled products etc. The main operations of the company comprise of structure, pumps, electric motor, foundry and rolling mills division of the company which form its main operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is located at Lahore. The symbol “PECO” is being used by the stock exchanges for the shares of Pakistan Engineering Company Limited. ”

Appointment of Company Secretary of Baluchistan Wheels Limited

Karachi: Baluchistan Wheels Limited informed Karachi Stock Exchange about appointment of Mr. Muhammad Yasin Ladha as Company Secretary with effect from May 15, 2015 in place of Mr. Irfan Ahmed Qureshi due to his retirement. Baluchistan Wheels Limited was incorporated in Pakistan on June 16, 1980. The company manufactures automotive wheel rims for trucks, buses, tractors, cars and mini commercial vehicles. The registered office of the company is located in Karachi. The factory of the company is located in Baluchistan. The stocks of the company are quoted on the Karachi Stock Exchange. The symbol “BWHL” is being used by the stock exchanges for the shares of Baluchistan Wheels Limited.

Appointment of Directors of Honda Atlas Cars Pakistan Limited

Karachi: Honda Atlas Cars Pakistan Limited informed Karachi Stock Exchange about appointment of Directors for a period of three years after election of directors on April 29, 2015. Honda Atlas Cars Pakistan Limited is a public limited company incorporated in Pakistan on November 4, 1992. The Company is a subsidiary of Honda Motor Company Limited, Japan. The principal activities of the company is assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July, 1994. 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 Lahore. The symbol “HCAR” is being used by the stock exchange for the shares of Honda Atlas Cars.

Appointment of Chief Executive Officer of Engro Corporation Limited

Karachi: Engro Corporation Limited informed Karachi Stock Exchange about appointment of Mr. Khalid Siraj Subhani as Chief Executive Officer of the company with effect from May 12, 2015 in place of Mr. Aliuddin Ansari. Engro Corporation Limited is a publically listed company incorporated in Pakistan under the Companies Ordinance, 1984. The company is engaged in the business of managing investments in subsidiary companies and joint venture, engaged in chemical fertilizers, PVC resin manufacturing, food, energy, exploration, LNG and liquid chemical terminal and storage businesses. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The business ventures of the company started in 1957 from the search for oil by Pak Stanvac an Esso/Mobil joint venture which led to the discovery of the Mari Gas field near Daharki. Later, Esso proposed the establishment of a urea plant in that area which led to a fertilizer plant agreement signed in 1964. In the subsequent year, Esso Pakistan Fertilizer Company Limited was incorporated, with 75% of the shares owned by Esso and 25% by the general public. The subsidiary companies of the group are Engro Fertilizers Limited, Engro Foods Limited, Engro Polymers And Chemicals Limited, Engro Powergen Limited, Engro EXIMP Private Limited, Engro Vopak Terminal Limited and Elengy Terminal Pakistan Limited. The symbol “ENGRO” is being used by the stock exchange for the shares of Engro Corporation Limited.

Appointment of Company Secretary of Ali Asghar Textile Mills Limited

Karachi: Ali Asghar Textile Mills Limited informed Karachi Stock Exchange about appointment of Mr. Muhammad Suleman as Company Secretary with effect from May 9, 2015. Ali Asghar Textile Mills Limited is a company incorporated in Pakistan. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. 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 products manufactured by the company include compact yarn, polyester yarn and viscose yarn. The symbol “AATM” is being used by the stock exchange for the shares of Ali Asghar Textile Mills Limited.

Election of Directors of Archroma Pakistan Limited

Karachi: Archroma Pakistan Limited informed Karachi Stock Exchange about election of Directors in the extra ordinary general meeting of the company to be held on March 27, 2015. Archroma Pakistan Limited is a company incorporated in Pakistan The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of producing textile, paper and emulsions businesses of Clairants. The products of the company fall under the category of apparel, home textiles, technical textiles and carpets. 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 “ARPL” is being used by the stock exchanges for the shares of Archroma Pakistan Limited.

Appointment of Directors of Invest Capital Investment Bank Limited

Karachi: Invest Capital Investment Bank Limited informed Karachi Stock Exchange about appointment of Khawaja Mohammad Fawzi and Mr. Fazal Muhammad Mughal as Director with immediate effect in place of Mr. Shaukat Ali and Mr. Ejaz Ahmed Khan. Invest Capital Investment Bank Limited is a bank operating in Pakistan. It provides financial management and advisory services to its clients. The bank has offices in the four major cities of Pakistan. The services of the bank include Corporate Finance, Merger and acquisition, Commodities Brokerage, Portfolio Management and Investment Advisory, Private Equity, Structured Finance, Equity and Forex/ Money Market. It serves a diverse client base, which includes financial institutions, public and private sector corporations and high net worth individuals. The Bank is a Corporate Member of the Karachi Stock Exchange (Guarantee) Limited and National Commodity Exchange Limited. The sponsors/ shareholders are a multinational group of investors. These investors include business groups of UAE, with significant regional interests in the financial sector. The registered office is located at Karachi. The symbol “ICIBL” is being used by the stock exchanges for the shares of Invest Capital Investment Bank Limited.