PICIC Insurance Limited to elect Directors in Annual General Meeting to be held on April 7, 2014

Karachi: PICIC Insurance Limited informed Karachi Stock Exchange about the election of directors at the 10th annual general meeting of the company held on April 7, 2014. The election of directors will be in accordance with section 178 of the Companies Ordinance, 1984. Further, the appointment of the elected directors will be subject to approval of the Commissioner Insurance Division, Securities and Exchange Commission of Pakistan. PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.

PICIC Insurance Limited’s reappointment of the chief executive and disclosure of remuneration to the members under section 218 of the companies ordinance, 1984

Karachi, September 10, 2013 (PPI-OT): We have to inform you that Mr. Ahmed Salahuddin has been reappointed as the MD and Chief Executive Officer of the Company with effect from September 1, 2013. His revised remuneration will be Rs. 11.1 million per annum plus other benefits/ facilities in accordance with Company’s Rules. You may please inform members of your exchange accordingly. For more information, contact: Afroz Qureshi Company Secretary PICIC Insurance Limited Eighth Floor, Shaheen Complex M.R. Kayani Road. Karachi 74200 Pakistan Tel: (02l) 3221 9555-60 Facsimile: (021) 3221 9561

The post PICIC Insurance Limited’s reappointment of the chief executive and disclosure of remuneration to the members under section 218 of the companies ordinance, 1984 appeared first on AsiaNet-Pakistan.

The post PICIC Insurance Limited’s reappointment of the chief executive and disclosure of remuneration to the members under section 218 of the companies ordinance, 1984 appeared first on AsiaNet-Pakistan.

The post PICIC Insurance Limited’s reappointment of the chief executive and disclosure of remuneration to the members under section 218 of the companies ordinance, 1984 appeared first on AsiaNet-Pakistan.

PICIC Insurance Limited’s appointment of chairman

Karachi, July 12, 2013 (PPI-OT): We have to inform you that Mr. Yameen Kerai has been appointed as The Chairman of PICIC Insurance Limited (PIL) with effect from July 11, 2013 in place of Mr. Mohammed Basheer Janmohammed. You may please inform members of your Exchange accordingly. For more information, contact: Afroz Quraishi Company Secretary […]

Next Capital Limited’s change of director

Karachi, March 20, 2013 (PPI-OT): We have to inform you that Mr. Shahrukh Ali Raza Mirza, has ceased to be the Director of the company w.e.f. March 10, 2013. The casual vacancy will be filled in accordance with the regulations. For more information, contact: Sana Quadri Company Secretary Next Capital Limited PICIC Insurance Limited Eighth […]