“One Red and One Green” Fruits and Vegetables Make a Distinctive and Prosperous Industry

BAISE, China, Aug. 4, 2021 /Xinhua-AsiaNet/– Recently, the first China mango industry conference was held in Baise, Guangxi. At the meeting, Tianyang district and Guangzhou Pilot Food Investment Co., Ltd. signed the framework agreement on the comprehensive development and utilization project of fruits in Tianyang District, Baise City (phase II), with a total investment of 500 million yuan, according to the Publicity Department of Tianyang District.

“One Red and One Green” fruits and vegetables make a distinctive and prosperous industry

Located in the west of Guangxi, Tianyang District of Baise is the first hometown of mango in China. Given a subtropical monsoon climate with warm winter and long summer, and abundant sunshine, Tianyang is dubbed as “natural greenhouse” and is abundant in fruits and vegetables. Relying on its exceptional climate, Tianyang District has made great efforts to develop the two dominant industries of mango and tomato. Mango is harvested from June to August every year, and tomato from November to next April. “One Red and One Green ” helped farmers continuously increase their incomes. In 2020, the total planting area of mango is 408,000 mu with an output of 280,000 tons; the main bulk vegetable is tomato, which is marketed from November to April. In 2020, the vegetable planting area of the whole region is 398,000 mu with an output of 875,800 tons. Mango and tomato have become the two pillar industries of the district.

At present, it is the peak season of Tianyang mango on the market. Mango is in hot sell in Tianyang Wholesale Market of Agricultural and Sideline Products. Tianyang Wholesale Market of Agricultural and Sideline Products is a large-scale comprehensive wholesale market, which mainly deals with wholesale, purchasing and selling through agency, joint purchasing and selling, agency storage and transportation of fruits and vegetables. The average daily trading volume of the market is 2,000 tons, and the peak daily trading volume is 5,000 tons. The total annual trading volume is 700,000 tons, and the trading volume exceeds RMB 1.6 billion. The products are sold to more than 230 large and medium-sized cities in China, and Vietnam, Russia, Hong Kong and other countries and regions. It has become the largest wholesale market of agricultural and sideline products in Southwest China and one of the important bases for transporting vegetables from south to north, it is the “Fresh Agricultural Products Center Wholesale Market” designated by the Ministry of Agriculture, the “Double Hundred Market Project” agricultural products wholesale market determined by the Ministry of Commerce, and the key leading enterprise of China’s supply and marketing cooperatives.

With the ongoing development of e-commerce, Tianyang closely relied on e-commerce network and established Tianyang Ganjie E-commerce Co., Ltd., built the “Commercial County” e-commerce service platform, and established the “Tianyang Characteristic Market”; it supported the construction of Alibaba Baise Industrial Belt, Taobao Baise Market and WeChat business, and has been constantly improving the e-commerce logistics system. In 2020, through Taobao, JD, Tmall, PDD and other e-commerce platforms, mango online sales alone in the region exceeded 10 million orders, with revenue of more than RMB 100 million. Since the mango came into the market in 2021, the daily delivery volume of e-commerce network sales of mango is more than 10,000 orders, with daily sales of nearly RMB 1 million.

Image Attachments Links: http://asianetnews.net/view-attachment?attach-id=397842

Change of Company Secretary of Landmark Spinning Industries Limited

Karachi, Landmark Spinning Industries Limited informed Pakistan Stock Exchange that Mr. Muhammad Aslam Ali has been appointed as company secretary of the Company with effect from August 04, 2021 in place of Mr. Yousuf Noorani.

Landmark Spinning Industries Limited was incorporated in Pakistan, as a private Limited Company on October 21. 1991 and was converted into a public limited company on April 30, 1992 under the Companies Ordinance, 1984 and its share are listed in Stock Exchanges in Pakistan. The registered office of the Company is located at 1st floor, cotton Exchange Building, I.I. Chundigar Road, Karachi, Pakistan; while its manufacturing facilities are located at Winder Baluchistan, Pakistan. The Principal activity of the Company is Manufacturing and sale of Yarn.

The company commenced its commercial operation, from 2001 after reactivation of plant which remained idle for the seven years. However, the company again suspended its production on November 29, 2002 to forestall the recurring losses on account of electricity breakdowns and frequent Load shedding stop gap arrangement was made to suspend operations for the time being until the market trends becomes conducive for positive results.

The symbol “LMSM” is being used by the stock exchanges for the Landmark Spinning Industries Limited

Extraordinary General Meeting of Husein Sugar Mills Limited to be held on August 27, 2021

Karachi, Husein Sugar Mills Limited informed Pakistan Stock Exchange that Extraordinary General Meeting of the company is scheduled to be held on August 27, 2021 at Lahore.

The agenda of the meeting will be confirming the minutes of the last Annual General Meeting held on January 28, 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.”

Extraordinary General Meeting of United Bank Limited

Karachi, United Bank Limited informed Pakistan Stock Exchange that an Extra Ordinary General Meeting of the Bank scheduled to be held on August 06, 2021 at Islamabad.

United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC.

The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers.

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

Material Information of Hallmark Insurance Company Limited

Karachi, Hallmark Insurance Company Limited informed Pakistan Stock Exchange that the Company has received a letter of Public announcement of Offer from Muhammad Munir Muhammad Ahmed Khanani Securities Limited (as manager to the offer) on behalf of Mr. Irtaza Zafar Sheikh and GAZPAK (Private) Limited to acquire up to 16.578% shares from shareholders (other than shareholders who have already entered into a share purchase agreement with the acquirers) of the Target Company. This has been notified to the company on August 3, 2021.

Hallmark Insurance Company’s Personal Line Segment is dedicated to providing their appointed insurance agents the tools and products to better educate their clients and serve their ever-changing needs for auto and renters insurance.

The symbol “HMICL” is being used by the stock exchanges for the shares Hallmark Insurance Company Limited.

Right Issue of Image Pakistan Limited

Karachi, Image Pakistan Limited informed Pakistan Stock Exchange that the shareholders holding ordinary shares of the company in physical form should please note that under the CDC applicable Right Shares procedures, the physical shareholders can renounce his/her letter of Right (LOT) by depositing into his/he4r own CDC IAS Account/Sub-Account to a shareholder who is the IAS account holder or sub account holder with CDC.

Image Pakistan Limited, formerly Tri-Star Polyester Limited, was incorporated in Pakistan as a Public Limited Company on November 14, 1990 under Companies Ordinance, 1984. The Company is a Polyester Filament Yarn manufacturing plant established in 1992 and is situated at S.I.T.E., Karachi having a capacity of 4,200 tons/annum based on 75 denier.

The symbol “TRPOL” is being used by the stock exchanges for the Tri Star Polyester Limited.

Change of Phone and Email Address of Bank of Punjab

Karachi, Bank of Punjab informed Pakistan Stock Exchange that the address of the registered office/share registrar/share department/fax/telephone/e-mail/website has been changed with effect from August 03, 2021.

The Bank of Punjab constituted pursuant to The Bank of Punjab Act, 1989. It acquired the status of a scheduled bank on September 19, 1994 awarded by the State Bank of Pakistan. The registered office of the bank is located in Lahore along with a growing number of 306 branches. Majority shares of the bank are held by the Government of Punjab. The bank is listed on Karachi, Lahore and Islamabad stock exchanges. `

The bank has also acquired the permission for commencement of Islamic Banking Operations by the State Bank of Pakistan. The products of the bank include Islamic banking, retail banking, retail finance, payment services, corporate banking and commercial banking.

The symbol “BOP” is being used by the stock exchanges for the shares of The Bank of Punjab.

Corporate Briefing Session of Ali Asghar Textile Mills Limited

Karachi, Ali Asghar Textile Mills Limited informed Pakistan Stock Exchange that the Corporate Briefing Session of the will be held on August 13, 2021 through video link at Karachi, to brief about the Company’s financial performance.

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.

Transaction of 63,000 shares of Packages Limited

Karachi, Packages Limited informed Pakistan Stock Exchange about transaction of shares of the company. 63,000 shares @ Rs. 525.00 per share were bought from the market on August 03, 2021 through CDC.

Packages Limited is a public limited company incorporated in Pakistan. The company is principally engaged in the manufacture and sale of paper, paperboard, packaging materials and tissue products. 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 Karachi.

On September 17, 2012 the company has entered into a 50/50 joint venture with the ‘Stora Enso OYJ Group’ of Finland in its 100% wholly owned subsidiary Bulleh Shah Packaging Private Limited. The Joint Venture will include Paper & Paperboard and Corrugated business operations at Kasur and Karachi and will involve initial equity participation of Stora Enso of 35% by way of subscription of right shares with a commitment to increase the shareholding to 50% at a later stage subject to certain conditions being met. The company also decided to close down its Paper and Paperboard operations in Lahore which has divided the business into continuing and discontinued operations.

The symbol “PKGS” is being used by the stock exchanges for the shares of Packages Limited.

Resignation of Director of Escorts Investment Bank Limited

Karachi, Escorts Investment Bank Limited informed Pakistan Stock Exchange that Mr. Syed Amir Ahsan has resigned from the Directorship of the Company.

“Escorts Investment Bank Limited is a public limited company incorporated in Pakistan on 15 May 1995. The foundation of the company is laid under the Companies ordinance, 1984. The Company started its commercial operations on October 16, 1996. The Company is licensed to carry out investment finance services, as a non-Banking Finance Company under section 282C of the Companies ordinance, 1984 and non-Banking Finance Companies Establishment and Regulations Rules, 2003. The Pakistan Credit Rating Agency has maintained the long-term credit rating of the Company to “BBB” (Triple B) and also maintained the short-term rating at “A3” (A three) dated 27 March 2014. The ratings denote an adequate capacity of timely payment of financial commitments. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore.

The symbol “ESBL” is being used by the stock exchange for the shares of Escorts Investment Bank Limited.”

Transaction of 37,500 shares of Shams Textile Mills Limited

Karachi, Shams Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 37,500 shares @ Rs.72.14 per share were bought from the market on August 03, 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.

Transaction of 16,380 shares of Quetta Textile Mills Limited

Karachi, Quetta Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 16,380 shares @ Rs. 0.00 per share were gift-Out on August 02, 2021 through CDC.

Quetta Textile Mills Limited is a company incorporated in Pakistan as a Public Limited Company on January 29, 1970. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of yarn and fabrics. The production facility of the company is located at Kotri in the province of Sindh and District Kasur in the province of Punjab. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The symbol “QUET” is being used by the stock exchange for the shares of Quetta Textile Mills Limited.