Category: Board Meetings

Karachi, First Treet Manufacturing Modaraba informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on October 27, 2021 at Lahore to consider First Quarter Accounts for the period ended September 30, 2021 is in progress.

Treet Corporation was setup in 1952 and is almost as old as the country itself. Companies within Group are Semi-Autonomous units responsible for their own budgeting, new products launch, market decisions and new venture exploration and pricing. Operating as strategic business units, they are treated as internal profit centers by the corporate headquarter i.e. Treet Corporation limited, the holding company. These business units develop their business strategies though independently from other businesses but are trained to remain in-tune with broader corporate business policies. Corporate strategy (by the Parent Company) seeks to develop synergies across business units by sharing and coordinating staff, making investments in these units and using them to complement other corporate business activities.

The symbol “FTMM” is being used by the stock exchange for the First Treet Manufacturing Modaraba.

Karachi, EFU General Insurance Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 27, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021 for declaration of any entitlement has been rescheduled on October 28, 2021.

Further, the company has declared the closed period from October 20, 2021 to October 28, 2021.

EFU General Insurance Limited EFU General Insurance Limited was incorporated as a public limited company on 2 September 1932. The Company is engaged in non-life insurance business comprising of fire and property, marine, motor, also assures safety of property from all sorts of engineering and fire related damages.

The total number of shares the company has introduced are 200,000,000. The Earnings per shares of the company is 11.85 in 2020 which was 13.04 in 2019. Their Profit after Taxation is 2,370,823,000 in 2020 which was 2,608,580,000 in 2019.

Karachi, Treet Corporation Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on October 27, 2021 at Lahore, to consider First Quarter Accounts for the year ended September 30, 2021, is in progress.

Treet Corporation Limited was incorporated in Pakistan on 22 January 1977 as a Public Limited Company. The principal activity of the Company is to manufacture and sell razors and razor blades along with other trading activities.

Established in 1954, Treet Group is operating in Pakistan manufacturing Shaving Blades and Razors, which reach across 40+ countries across 6 continents. Our blades and razors manufacturing facilities are ISO 9001:2015 certified since 1997.

The Company is listed on Pakistan Stock Exchange and the total number of shares of the Company are 174,834,322. The Earning per share is (1.14) in 2020 which was 1.73 in 2019. The Profit After Taxation in 2020 is (190,132,000) which was 282,627,000 in 2019.

Karachi, Oil and Gas Development Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 18, 2021 at Islamabad. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021 for declaration of any entitlement has been rescheduled on October 28, 2021.

Further, the company has declared the closed period from October 22, 2021 to October 28, 2021.

Oil and Gas Development Company Limited (OGDCL), was incorporated on 23 October 1997. The Company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation. The nature of business of the Company is exploration and production of Oil and Gas / Hydrocarbons.

The total number of shares are 4,300,928,400. The Earnings per shares is 23.27 in 2020 which was 27.53 in 2019. The Profit After Taxation is 100,081,671,000 in 2020 which was 118,385,788,000 in 2019.

Karachi, Pakistan International Airlines Corporation informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 25, 2021 at Karachi to consider the financial statements for the period ended September 30, 2021 declaration of any entitlement has been rescheduled on October 27, 2021.

Further, the company has declared the closed period from October 20, 2021 to October 28, 2021.

Pakistan International Airlines is one of the oldest airline in Pakistan. The total numbers of shares are 1,500,000 quoted on Pakistan Stock Exchange Limited.

Karachi, Orix Modaraba informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on October 25, 2021 at Karachi, is in progress.

ORIX Modaraba was formed and managed by ORIX Services Pakistan (Private) Limited. The Modaraba is a perpetual Modaraba and is primarily engaged in financing of plant and machinery, motor vehicles both commercial and private, computer equipment and housing under the modes of Ijarah Islamic leasing and Diminishing Musharika. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba.

The total numbers of shares are 45,383,530. The Earnings per share is 2.81 in 2020 which was 2.78 in 2019. The Profit After Taxation is 127,458,000 in 2020 which was 126,057,000 in 2019.

Karachi, Roshan Packages Limited informed Pakistan Stock Exchange that the aforesaid Scheduled meeting has been cancelled.

Roshan Enterprises launched in 1989 to export Pakistan’s fruits to the world. Roshan Packages Limited was incorporated in Pakistan as a private company limited by shares on 13 August 2002. The Company was converted into a public limited company on 23 September 2016 and got listed on Pakistan Stock Exchange Limited on 28 February 2017. It is principally engaged in the manufacture and sale of corrugation and flexible packaging materials.

The total numbers of shares are 141,900,000. The Earnings per share is 1.75 in 2020 which was (0.19) in 2019. The Profit after Taxation is 247,962,000 in 2020 which was (26,898,000) in 2019.

Karachi, Ali Asghar Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 29, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021.

Further, the company has declared the closed period from October 23, 2021 to October 29, 2021.

The Company was established in 1969 in the field of business, and are introduced as the manufacturers and exporters of cotton yarns from Pakistan. The company was originally designed for a 12,000 spindle operation, which then have been increased to a level of 14,400 spindle. Recent additions have been towards diversifying the product range to encompass doubled yarn and as result approximately 2000 tons of yarn are been doubled per annum. Ali Asghar Textile Mills Limited has In-House Power Generation from Caterpillar USA of 3.5 MW.

Ali Asghar Textile Mills Limited was incorporated in Pakistan on February 9, 1967 as a public limited company. The principal line of their business is to provide the services of logistics, warehouses, construction, rental and allied business in the market. The financial year of the company was ended in the month of June 2020.

The shares of the company are listed in Pakistan Stock Exchange and The symbol “AATM” is being used for the shares of the company.

The company’s total number of shares issued are 44,426,694, Earnings Per Share is 3.03 in 2020 which was (0.11) in 2019. Their Profit After Tax has also increased up to 134,533,000 in 2020 which was (16,541,000) in 2019.

Karachi, Pervez Ahmed Securities limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 29 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021.

Further, the company has declared the closed period from October 22, 2021 to October 29, 2021.

Pervez Ahmed Securities limited is an investment company/brokerage firm. The company got listed on the Karachi stock exchange on 25 April 2007. The company’s principal activities include Equity Investments, Securities Brokerage, Underwriting, Corporate Finance and Research.

The symbol “PASL” is being used by the stock exchanges for the shares of Pervez Ahmed Securities limited.

Karachi, Bank of Punjab informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 27, 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021 for declaration of any entitlement has been rescheduled on October 28, 2021.

Further, the company has declared the closed period from October 20, 2021 to October 28, 2021.

The Bank of Punjab was constituted pursuant to the Bank Act, in 1989 and it was given the status of Scheduled Bank by the State Bank of Pakistan in 1994. The Bank is engaged in the commercial banking and related services with its Head office located in Lahore. The Bank of Punjab is Public Listed Company, and the license issued to the Bank of Punjab by the State Bank of Pakistan on September 19, 1994. The Punjab Modaraba Services Private Limited is a wholly owned subsidiary of The Bank of Punjab.

The number of shares the company has introduced are 2,643,692,380. The Earnings per share is 2.63 in 2020 which was 3.12 in 2019. Their Profit after Taxation is 6,943,739,000 in 2020 which was 8,248,529,000 in 2019.

Karachi, Balochistan Particle Board Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 29 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021.

Further, the company has declared the closed period from October 22, 2021 to October 29, 2021.

Baluchistan Particle Board Limited is a Public Listed Company formerly engaged in the manufacture of particle board, formaldehyde and formaldehyde based resin (glue), it also operates Urea Formaldehyde Division continued to remain closed on account of prevailing adverse conditions. Company’s present business operations comprise of letting out part of its premises to third parties for purpose of storage and the conduct of their commercial operations.

The total number of shares the company has introduced are 6,000,000. The Earnings per share is (0.15) in 2019 which was (0.03) in 2018. The Company had a loss of 907,000 in 2019 compare to 181,000 in 2018.

Karachi, Data Agro Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 29, 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2021.

Further, the company has declared the closed period from October 22, 2021 to October 29, 2021.

The company was formed in 1992 as a private limited company and was changed to a public limited company later on. To start with, the main business of the company was to produce and market delinted cotton seed. Later on it was decided to include other crops like wheat, paddy, oilseeds, and pulses in the product line.

It took about two years for the erection of the cotton seed delinting plant, and the company started its business in 1994. At present, the company does not owe anything to the banks and does not have any liabilities.

From the year 2000, the company decided to enter into the business of value added products like hybrid corn, hybrid forages, sunflower, and vegetable crops. At present, the company has established a good research and development program of hybrid corn for grain and silage, and sorghum-sudangrass hybrids. Data Agro is testing 2000 to 3000 combinations of corn each year and releasing hybrids for different market segments of Pakistan.

The symbol “DAAG” is being used by the stock exchanges for the Data Agro Limited.