Day: June 28, 2021

Karachi, Aruj Industries Limited informed Pakistan Stock Exchange that the Company is holding the mandatory Corporate Briefing Session to brief the Certificate holders/investors/analysts about the Company’s business results for the year ended June 30, 2020 and the future outlook.

Aruj Industries Limited is a Public Limited Company established in 1992. The company is principally engaged in manufacturing of Fusible Interlining and Dying / Bleaching / Stitching of Fabric. The production Capacity of dyeing and processing is 1.5 Million Linear Meters, interlining 1.5 Million Linear Meters and apparel 200,000 Pieces/Month. Their corporate office is situated at Lahore Pakistan.

Aruj Industries Limited listed on Pakistan Stock Exchange, and the shares are also quoted with symbolic identification i.e: “ARUJ” on Pakistan Stock Exchange Limited.

The total number of shares the company has issued are 10,457,890. Earnings Per Share has decreased in 2020 and is 1.00 compared to 1.26 in 2019. The Profit After Taxation has also decreased in 2020 which is 10,507,000 and it was 13,125,000 in 2019.

Karachi, Mari Petroleum Company Limited informed Pakistan Stock Exchange that an Extraordinary General Meeting of the members of the Company will be held on July 19, 2021 at Islamabad, to transact, to consider and if thought fit, to approve and authorize the investment by way of equity in a proposed associated company to be incorporated for the purposes of exploration and production of petroleum in one of the blocks offered in Abu Dhabi bid round 2019, in respect of which the consortium of the Company, Oil and Gas Development Company Limited, Pakistan Petroleum Limited and Government Holdings Private Limited submitted the bid, pass the resolution as and by way of a special resolution, namely, in accordance with section 199, of the Companies Act 2017.

Mari Gas Field was originally owned by Pakistan Stanvac Petroleum Project, a joint venture formed in 1954 between Government of Pakistan and M/s Esso Eastern Incorporated, having 49% and 51% ownership interest, respectively. The first gas discovery was made by the Joint Venture in 1957 when the first well in lower Kirthar ‘Zone-B’ Limestone Formation was drilled. Production from the field started in 1967. In 1983, M/s Esso Eastern transferred its entire share to Fauji Foundation, which set up a public limited company for the purpose of acquiring the assets and liabilities of the Project.

In 2001, the Company expanded its operations and entered into exploration business. The Company is now a major player in the Country’s oil and gas exploration and production sector operating eleven exploration and production assets (two D&P leases and nine operated blocks) and has partnership with leading national and international E&P companies in six non-operated blocks.

To reflect its diversified business operations and expanded activities, the name of the Company was changed from “Mari Gas Company Limited” to “Mari Petroleum Company Limited” (MPCL) in November 2012.

Karachi, Dandot Cement Company Limited informed Pakistan Stock Exchange that the Directors and Sponsors of the Company have subscribed their portion of right shares issue as per requirements of Pakistan Stock Exchange Limited.

Dandot cement Company Limited is a public limited company, was incorporated in Pakistan, on 1980. The company started its production on March 01, 1983 and has been engaged in production and marketing of cement.

Dandot Cement Plant was installed in 1982 by State Cement Corporation of Pakistan. The plant was supplied and erected by Mitsubishi Heavy Industries (MHI) Japan. The kiln was designed for a rated capacity of 1,000 M.Ton of clinker per day. The company is a subsidiary of Calicom Industries (Pvt.) Limited.

The total number of shares of the Company are 94,840,000. The Earnings per shares of the company is (7.33) in 2020 which was 6.59 in 2019. The Profit After Taxation in 2020 is (695,056,000) which was 624,545,000 in 2019.

Karachi, JS Bank Limited informed Pakistan Stock Exchange that the book closure of the bank has been revised as June 17, 2021 to June 29, 2021 (both days inclusive).

JS Bank Limited is incorporated in Pakistan as a scheduled bank engaged in commercial banking and related services. It is a subsidiary of Jahangir Siddiqui and Company Limited. The bank has a branch network of 211 branches in Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange in Pakistan. The registered office of the company is located in Karachi.

JS Bank Limited has been formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan. The bank commenced operations in Pakistan as a fully scheduled bank on December 30, 2006. It has a Primary Dealer license for government securities from the State Bank of Pakistan. The core activities of the bank are in the segment of retail and consumer banking, treasury, corporate and commercial banking and investment banking.

The symbol “JSBL” is being used by the stock exchanges for the shares of JS Bank Limited.

Karachi, Al-Abbas Sugar Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 220,000 shares @ Rs. 345.19 per share were sold in the market on June 24, 2021 through CDC.

Al-Abbas Sugar Mills Limited was incorporated in May 1991 and was listed in on April 1992 at the Karachi Stock Exchange Limited.

The company has two major units located at Mirwah Gorchani and Dhabeji Thatta. The unit is located at Mirwah Gorchani with installed sugarcane crushing capacity of 8,500 Tons per day and processing capacity of molasses into quality industrial alcohol of 170,000 liters per day. The other unit is located at Dhabeji Thatta and has capacity to manufacture 27,220 M.T of different alloys per annum. The tank terminal unit of the Company is located at Kemari Karachi with storage capacity of 34,900 M.T of liquids.

AL-Abbas Sugar Mills was started the sugar production in 1994 industrial alcohol in 2000, alloys in 2005 and power generation in 2010. Also major chunk of our alcohol production is being exported to Europe, Japan, UAE, Saudi Arabia and Philippine.

As part of Company strategic planning, the Company acquired Al-Abbas Industries Limited in 2007. At that time Al-Abbas Industries Limited have one of the country’s biggest medium density fibre board plant, manufacturing facilities to produce various types of alloys product to meet the whole country demand, and 15 MW captive power plant. Subsequently, the Al-Abbas Industries Limited merged into the Al-Abbas Sugar Mills Limited.

The total number of shares company has issued are 17,362,300, where earning Per Shares (EPS) was 71.67 in 2020 and in 2019 it was 64.05 per share. The Profit After Tax has increased up to 1,244,347,000 in 2020 which was 1,111,978,000 in 2019.

Karachi, Engro Corporation Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 12 per share, i.e. 120% for the year ending December 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on June 28, 2021.

Engro Corporation Limited was incorporated in Pakistan as a Public Listed Company. It is a subsidiary of Dawood Hercules Corporation Limited which is the parent Company. The principal activity of the Company is to manage investments in subsidiary companies, associated companies and joint venture, engaged in fertilizers, PVC resin manufacturing and marketing, food, energy, development and operations of telecommunication infrastructure, LNG, Chemical terminal and storage businesses.

The Shares of the Company are 576,163,230. The Earnings pee shares of the company is 28.29 in 2020 which was 24.83 in 2019. The Company had a Profit of Rs. 16,301,478,000 in 2020 which was 14,303,318,000 in 2019.

Karachi, Atlas Honda Limited informed Pakistan Stock Exchange that the final cash dividend @Rs. 13.50 per share, i.e 135% for the year ended March 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on June 25, 2021.

Atlas Honda Limited is a Public Limited Company, it was incorporated in Pakistan on October 16, 1962. The Company is engaged in the manufacturing and marketing of motorcycles and spare parts. The registered office of the Company is located in Lahore. The Company has five branch office all over the Pakistan to provide its services.

The Company currently has a production capacity of over 1.35 million units per annum and continues to maintain its status as market leader both in terms of volume and quality. It also exports its motorcycles and spare parts to Bangladesh and Afghanistan.

The total numbers of shares of the Company are 124,087,935. The Earnings per shares of the Company are 28.97 in 2021 which was 24.81 in 2020. The Proft after Taxation is Rs. 3,594,798,000 in 2021 which was Rs. 3,078,400,000 in 2020.

Karachi, Maqbool Textile Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

The Group started its operations in 1958 with the incorporation of a yarn spinning unit Allawasaya Textile and Finishing Mills Limited. Since then the group has not only expanded its operations in Yarn Spinning but also diversified into other fields such as Cotton Ginning, Oil Extraction, Flour Milling and various other trade related activities.

Currently, Maqbool Group has Five Textile Spinning Mills, four Ginning Factories, an Oil Extraction Plant and a Flour Mill. Future expansion plan of the Group includes a Textile Weaving Unit, Ghee Mill and Feed Mill.

The symbol “MQTM” is being used by the stock exchange for Maqbool Textile Mills Limited.

Karachi, Media Times Limited informed Pakistan Stock Exchange that the Corporate Briefing Session of the Company will be held on July 05, 2021 through video link to brief the shareholders/analysts/investors about the Company’s financial performance to fulfill the requirements of Pakistan Stock Exchange as per the noticed on May 23, 2019.

Media Times Limited is a company incorporated in Pakistan on June 26, 2001 as a Private Limited Company. The company was later converted into Public Limited Company on March 6, 2007. The foundations of the company are laid under the Companies Ordinance, 1984. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.

The principal activities of the company is being engaged in printing and publishing daily English and Urdu newspapers by the name of “Daily Times” and “AajKal” respectively. The company is also engaged in production, promotion, advertisement, distribution and broadcasting of television programs through satellite channels by the name of “Business Plus” and “Zaiqa” respectively. The principal places for Business Plus and Zaiqa is situated at Karachi and for Newspapers is at Lahore.

The symbol “MDTL” is being used by the stock exchanges for the shares of Media Times Limited.