Pakistan Company News – Material Information

Category Archives: Material Information

Material Information of Gadoon Textile Mills Limited

Karachi, Gadoon Textile Mills Limitedinformed Pakistan Stock Exchange that the Board of Directors of the Company has approvedtoevaluatesettinguphydropowerprojectshavingcollectivecapacityofaround150megawatts.TheproposedprojectsaretobelocatedintheprovinceofKhyberPakhtunkhwaandfutureinvestmentsbytheCompanywillbebasedontheoutcomeofsuchevaluationandsubjecttorequisiteapprovalsoftheregulatorsandshareholdersofthecompany. …

Material Information of Engro Corporation Limited

Karachi, Engro Corporation Limitedinformed Pakistan Stock Exchange that the Pakistan Credit Rating Agency Limited (PACRA) has upgraded the Long-Term entity rating of the Company to AA+ (Double A Plus) from AA (Double A). Engro Corporation Limited is a publically listed company incorporated in Pakistan under the Companies Ordinance, 1984. The company …

Material Information of Sazgar Engineering Works Limited

Karachi, Sazgar Engineering Works Limited informed Pakistan Stock Exchange that 1,438 Production Units and 2,014 Sales Units data of CNG 4-Stroke Auto Rickshaw for the Month of June, 2018. Sazgar Engineering Works Limited was incorporated on 21st September 1991 as a Private Limited Company. It was later converted into a Public Limited Company on the …

Material Information of First UDL Modaraba

Karachi, First UDL Modarabainformed Pakistan Stock Exchange that due to the recent imposition of tax on manufacturing activities of Modaraba’s and the recent devaluation of Pak rupee, coupled with other factors is has been resolved in the board meeting held on July 10, 2018 to discontinue operations of the pharmaceutical division. The decision has …

Material Information of Loads Limited

Karachi, Loads Limitedinformed Pakistan Stock Exchange that the listing application for the Initial Public Offering of their subsidiary M/s Hi-Tech Alloy Wheels Limited has been filed with the PSX. Loads Limited was established on January 1, 1979 as a private limited company with the objective of manufacturing exhaust systems, radiators, and sheet metal …

Material Information of Summit Bank Limited

Karachi, Summit Bank Limitedinformed Pakistan Stock Exchange that all their valued customers and stakeholders that despite these unverified news items, the Bank continues with its resolve to provide uninterrupted and seamless banking services to its customers and stakeholders and always remains committed to them. Summit Bank Limited was incorporated …

Material Information of MACPAC Films Limited

Karachi, MACPAC Films Limitedinformed Pakistan Stock Exchange that the CPP plant has arrived at port. Trial production is expected to start tentatively within first quarter ended September 30, 2018. MACPAC Films Limited is a company incorporated in Pakistan on August 19, 1993 as a limited liability company. The foundations of the company are laid under …