Day: July 8, 2021

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Transmission of Annual Report for the Year Ended June 30, 2020 of Sui Northern Gas Pipelines Limited

Karachi, Sui Northern Gas Pipelines Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2020 have been transmitted through PUCARS and is also available on Company’s website.

Sui Northern Gas Pipelines Limited was incorporated in Pakistan as a public limited company. The foundations of the company are laid using the Companies Ordinance, 1984. The principle activities of the company are the purchase, transmission, distribution and supply of natural gas. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.

The symbol “SNGP” is being used by the stock exchanges for the shares of Sui Northern Gas Pipelines Limited.

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Board of directors meeting Rescheduled of Pakistan Telecommunications Company Limited

Karachi, Pakistan Telecommunications Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on July 14, 2021 at Islamabad. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021 for declaration of any entitlement has been rescheduled on July 14, 2021.

Further, the company has declared the closed period from July 05, 2021 to July 14, 2021.

Pakistan Telecommunication Company Limited is a company incorporated in Pakistan on December 31, 1995 and commenced business on January 01, 1996. The foundations of the company are laid under the Companies Ordinance, 1984. The company was established to undertake the telecommunication business formerly carried on by the Pakistan Telecommunication Corporation (PTC). All the business was transferred to the Company on January 01, 1996 under the Pakistan Telecommunication Reorganization Act, 1996, on which date, the Company took over all the properties, rights, assets, obligations and liabilities of PTC, except those transferred to the National Telecommunication Corporation (NTC), the Frequency Allocation Board (FAB), the Pakistan Telecommunication Authority (PTA) and the Pakistan Telecommunication Employees’ Trust (PTET).

The company provides telecommunication services in Pakistan. It owns and operates telecommunication facilities and provides domestic and international telephone services and other communication facilities throughout Pakistan. The company has also been licensed to provide such services in territories of Azad Jammu and Kashmir and Gilgit-Baltistan. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad.

The symbol “PTCL” is being used by the stock exchange for the shares of Pakistan Telecommunications Company Limited.

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Transaction of 2,500 shares of Shams Textile Mills Limited

Karachi, Shams Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 2,500 shares @ Rs. 63.50 per share were brought from the market on June 08, 2021 through CDC.

Shams Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, sale and trading of yarn and trading of cloth. It produces carded, combed, multi count, multi twist, slub and compact yarn. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located at Lahore.

The symbol “STML” is being used by the stock exchanges for the shares of Shams Textile Mills Limited.

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Extraordinary General Meeting of 786 Investment Limited

Karachi, 786 Investment Limited informed Pakistan Stock Exchange that the notice of Extraordinary General Meeting to be held on July 30, 2021.

The roots of 786 Investments Limited (Formerly Dawood Capital Management Limited) are truly international and development driven having been co-founded by Asian Development Bank (ADB) who had 25% shareholding. Originally, the company commenced business operations on January 1, 1993 as Pakistan Venture Capital Limited (PVCL) for venture capital financing. In 1999, First Dawood Group took over the management and worked in partnership with ADB. With the dearth of venture investments in 2002, FDG and ADB converted PVCL to the nascent industry of asset management, changing its name to Dawood Capital Management Limited (DCML) to better reflect its new mission and mandate. In 2007, once DCML had PKR 6.9 B assets under management and had achieved the status of a strong player in the industry, ADB divested in order to help fuel other industries in Pakistan. Then, in January 2017, the company name changed from Dawood Capital Management Limited to 786 Investments Limited to better reflect a new vision, mission and principles of the company.

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Board of directors meeting of Husein Sugar Mills Limited

Karachi, Husein Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on July 16, 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from July 09, 2021 to July 16, 2021.

Husein Sugar Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The Company is principally engaged in the business of production and sale of sugar and by products. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore.

The symbol “HUSS” is being used by the stock exchange for the shares of Husein Sugar Mills Limited.

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Transaction of 3,248,964 shares of Macter International Limited

Karachi, Macter International Limited informed Pakistan Stock Exchange about transaction of shares of the company. 3,248,964 shares @ Rs. 0.00 per share were Inheritance-In market on July 07, 2021 through CDC.

Macter International Limited is amongst the leading Pharmaceutical companies in Pakistan. Macter is a public limited company and has a successful 30 years track record in the manufacturing of pharma formulations. The principal activity of the company is to manufacture and market pharmaceutical products. The company enjoys a sterling reputation of quality and is amongst the top 5 manufacturers by volume. Macter has strong corporate governance structure and systems. In view of Macter’s capabilities and growth prospects, International FI’s have recently invested into the company.

As a company, our first responsibility is to our customers – the doctor who prescribes our product and the patient who uses them. To meet their needs satisfactorily on a long-term horizon, quality consciousness and teamwork is ingrained in all our employees at all levels. As an employer, we recognize the individuality of each employee and seek to develop his/her potential, providing fair compensation in a healthy and safe working environment. As a civic-minded institution, we believe in supporting causes that protect our natural surroundings and uplift the health and educational standards of our community. As a firm in a competitive market, we seek to constantly introduce new and innovative products and systems to meet the changing needs of our customers.

Currently Macter’s business areas are Contract manufacturing and branded generic formulations. Macter is the largest contract manufacturer in Pakistan particularly for the multinational companies with one of the most advanced production facilities offering a wide range of dosage forms: Oral solids and liquids, Parenterals (ampules and vials), Topicals, Metered dose Inhalers, Ear and Eye drops.

Dedicated facilities are available for Cephalosporins, Penicillins& Biologics. The manufacturing operations meet international cGMP standards and are quality management system ISO 9001:2008 certified. Macter’s contract manufacturing clients include a number of blue chips multinationals.