Pakistan Company News – 2019 – March – 13

Daily Archives: March 13, 2019

U.S. Secretary of Transportation Elaine Chao Announces New Council to Support Hyperloop Commercialization

The Non-Traditional and Emerging Transportation Technology Council will work to identify and resolve jurisdictional and regulatory gaps which will help bring the technology to commercialization Virgin Hyperloop One looks forward to continuing to work with the Department of Transportation (DOT) and Secretary Chao to move hyperloop forward in the U.S. …

Board Meeting of Atlas Honda Limited

Karachi, Atlas Honda Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company will be held on March 20, 2019 at Karachi, to consider Annual Budget of the Company for the year ending March 31, 2020. Atlas Honda Limited was incorporated as a public limited company on October 16, 1962 under the Companies Ordinance, …

Transaction of 100 shares of Pakistan Oilfields Limited

Karachi, Pakistan Oilfields Limited informed Pakistan Stock Exchange about transaction of shares of the company. 100 shares @ Rs. 400.00 per share were bought from the market on March 12, 2019 through CDC. Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company …

Appointment of Director of Bank of Khyber

Karachi, Bank of Khyber informed Pakistan Stock Exchange that Mr. Rashid Ali Khan has assumed the office of Director on the Board of the Bank as Nominee Director of Government of Khyber Pakhtunkhwa for another term of three years with effect from March 03, 2019. Bank of Khyber is a bank incorporated in Pakistan under the Bank of Khyber Act, 1991. It …

Appointment of Director of Pakistan Reinsurance Company Limited

Karachi, Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that Mr. Mushtaq Ahmed Mahar has been appointed as Director with effect from February 27, 2019 in place of Mr. Shoaib Mir. Pakistan Reinsurance Company Limited was formerly referred to as Pakistan Insurance Corporation established in 1952 under PIC Act, 1952 for supporting …

Financial results of Premier Sugar Mills and Distillery Company Limited for Quarter ended December 31, 2018

Karachi, Premier Sugar Mills and Distillery Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on March 13, 2019. The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2018 which portrayed a profit of Rs. 31,606 with earnings …