Material Information of Kot Addu Power Plant

Karachi, Kot Addu Power Plant informed Pakistan Stock Exchange that tactions for the withdrawal of the LDs Arbitration before the International Chamber of Commerce (ICC) in Singapore have been completed. The Arbitral Tribunal issued a Consent Order acknowledging the settlement of disputes between the Company and the Power Purchaser (Central Power Purchasing Agency (Guarantee) Limited), and the withdrawal of all claims and counterclaims as per the settlement terms of the third PPA Amendment Agreement. The ICC has taken notice of termination of the LDs Arbitration.

Kot Addu Power Company Limited was incorporated in Pakistan on April 25, 1996 as a public listed company. The Principal activities of the Company are to own, operate and maintain-fuel fired power station and to sell the electricity produced to a single customer WAPDA under a Power Purchase Agreement (PPA).

Kot Addu Power Plant (the “Power Plant”) was built by the Pakistan Water and Power Development Authority (“WAPDA”) in five phases between 1985 and 1996 in District Muzaffargarh, Punjab, 90 K.M. north west of Multan on the left bank of the River Indus at a distance of 16 K.M. from Taunsa Barrage.

In February 2005, the Privatisation Commission (on behalf of WAPDA) sold another 18% of WAPDA shareholding in the Company to the General Public. On April 18, 2005 the Company was formally listed on the Pakistan Stock Exchange (formerly the Karachi Stock Exchange, the Lahore Stock Exchange and the Islamabad Stock Exchange).

The Company is now listed on Pakistan Stock Exchange limited and quoted shares of it that are 880,253,228. Their Earnings per shares of the company is 26.83 in 2020 which was 14.90 in 2019. The Profit after Taxation is 23,613,193,000 in 2020 which was 13,111,540,000 in 2019.

Material Information of Popular Islamic Modaraba

Karachi, Popular Islamic Modaraba informed Pakistan Stock Exchange that the securities and exchange commission of Pakistan has accorded its approval for issuance of 4,000,000 Moradabad certificates at par value of Rs. 10 each to the Company the manager/management company of the Company against the loan provided by the company amounting to Rs. 40,000,000/-

Popular Islamic Modaraba is a company incorporated in Pakistan, established in 1994, floated under the Modaraba Ordinance of 1980. Popular Islamic Modaraba (Formerly: First Islamic Modaraba) is a multipurpose, perpetual and multi dimensional Modaraba, It is now managed by Popular Islamic Modaraba Management Company (Private) Limited. Formerly, managed by Islamic Investment Bank Limited (Under Liquidation). In year 2013 Popular Islamic Modaraba (Formerly: First Islamic Modaraba) has been take over the management by Popular Group of Industries. It is listed on the Pakistan Stock Exchange. It is a member of NBFI & Modaraba association of Pakistan. It is an Islamic Financial Institution providing financial facilities in accordance with Shariah constraints.

The symbol “PIM” is being used by the stock exchange for the shares of Popular Islamic Modaraba.

Transaction of 192,056 shares of ZIL Limited

Karachi, ZIL Limited informed Pakistan Stock Exchange about transaction of shares of the company. 192,056 shares @ Rs. 105.00 per share were bought from the market on August 05, 2021 through NDM.

ZIL Limited was incorporated as a private limited company in February 1960 and was subsequently converted into a public limited company in November 1986. The principal activity of the Company is manufacture and sale of home and personal care products.

In November 1986, the company was converted from a private limited company to a public limited company. The company’s Head Office is located in Karachi, their network of sales and distribution has expanded to all parts of the country, enabling Pakistani to enjoy benefits of skin and fabric wash.

The total number of shares are 6,122,600. The Earning per share is 2.17 in 2020 which was 10.74 in 2019. The Profit after Taxation is 13,261,000 in 2020 which was 65,742,000 in 2019.

Corporate Briefing Session of Hala Enterprises Limited

Karachi, Hala Enterprises Limited informed Pakistan Stock Exchange that the corporate briefing session of the Company will be held on August 13, 2021 at Lahore to brief the investors/analysts about the Company’s financial performance for the year ended June 30, 2021 and up to Quarter ended March 31, 2021 and outlook.

Since 1974, Hala Enterprises Limited has been one of the leading innovators and market trend setters in the towel industry of the region. The company’s core business activity is centered on towel and other terry products manufacturing in the Lahore district of Pakistan. The entire manufacturing is based on custom-made items for specific clientele for export purposes. While exports are world-wide, the concentration of sales is within Europe – aimed at both the institutional and the retail sector. Hala is a completely integrated towel manufacturing unit with all facilities in-house. The total manufacturing capacity is approximately 1500 tons annually – due to which the company is able to exercise astonishing levels of flexibility when it comes to query-based orders.

The symbol “HAEL” is being used by the stock exchanges for the shares of Hala Enterprises Limited.

Transmission of Quarterly Report for the Period Ended June 30, 2021 of Tandlianwala Sugar Mills Limited

Karachi, Tandlianwala Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

The Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.

TSML produces sugar, ethanol and carbon dioxide and produced its first refined sugar in 1992 and have expanded frequently since then. The Sugar operation of the company is began with their mill at Kanjwani, in Punjab’s Faisalabad District. TSML is also Pakistan’s ethanol producer, manufacturing both ENA and REN grades.

The total numbers of shares are 117,706,300. The Earnings per share is (2.39) in 2020 which was 12.30 in 2019. The Profit after Taxation is (281,725,000) which were 1,448,317,000 in 2019.

Appointment of Director of Unity Foods Limited

Karachi, Unity Foods Limited informed Pakistan Stock Exchange that Mr. Saad Amanullah Khan has appointed as Independent Non-Executive Director of the Company in polace of Ms. Maria Abdul Hafeez.

Unity Foods Limited does not have significant operations. Previously, it was engaged in the manufacture and sale of yarn. The company was formerly known as Taha Spinning Mills Limited and changed its name to Unity Foods Limited in September 2017. Unity Foods Limited was incorporated in 1991 and is headquartered in Karachi, Pakistan.

Octopus Digital’s Draft Prospectus for Issuance, Circulation and Publishing Approved of Avanceon Limited

Karachi, Avanceon Limited informed Pakistan Stock Exchange that the Company 5 has been approved by the SECP and PSX to issue, circulate and publish the Prospectus for Initial Public Offering (IPO) of 27.350 million ordinary shares by Octopus Digital Limited (Company/Issuer/Octopus) to the institutional investors, high net worth individuals and the general public.

Avanceon Limited was incorporated in Pakistan on 26 March 2003, as a private limited company which was converted to a public company on 31 March 2008. The Company’s principally business is to trade in products of automation and control equipment and to provide related technical services.

In Pakistan they are operating from Lahore, Karachi and Islamabad in manufacturing and other segments which includes Oil and Gas, Power, Infrastructure, Transportation, as well as FMCG.

The Company is listed on Pakistan Stock Exchange Limited, and “AVN” is being used by the Stock Exchange for the shares of the Company.

The number of shares the company has introduced are 256,593,357. The Earnings per shares of the Company is 3.18 in 2020, which was 3.01 in 2019. The profit after taxation in 2020 has increased which is 673,839,000 compare to 653,870,000 in 2019.

Financial results of Gadoon Textile Mill Limited for Year ended June 30, 2021

Karachi, Gadoon Textile Mill Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 06, 2021.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2021 which portrayed a profit of Rs. 3,534,101 with earnings per share 126.08 basic and diluted respectively.

Further, 120%payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from September 21, 2021 to September 27, 2021 (both days inclusive).

Gadoon Textile Mill Limited was incorporated in 1988 as a public limited Company in a group of Yunus Brothers Group (YBG). The principal activity of the Company is manufacturing and sale of yarn and knitted fabrics. Y.B. Holdings (Private) Limited is the Ultimate Holding Company of the Group.

Gadoon Textile Mills Limited has a portfolio of yarn counts, including those of 100% cotton (combed and carded), as well of Polyester, Viscose, Acrylic, Lycra, Trilobal, Melange and Cotton.

The Company is listed on Pakistan Stock Exchange Limited and the total number of shares of the Company are 28,029,583. Earnings per shares of the Company is 1.62 in 2020 which was 41.61 in 2019. Their Profit after Taxation is 45,499,000 in 2020 which was 1,166,293,000 in 2019.

Board Meeting other than Financial Result of Mitchell’s Fruit Farms Limited

Karachi, Mitchell’s Fruit Farms Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 13, 2021 at Lahore to consider the approve Annual Budget for the Year 2021-2022.

Further, the company has declared the closed period from August 06, 2021 to August 13, 2021.

Mitchell’s Fruit Farms Limited was incorporated in Pakistan. It is principally engaged in the manufacture and sale of various farm and confectionery products. The Company was incorporated in 1933 and given the name Indian Mildura Fruit Farms Ltd, a small-scale operation for the processing of citrus fruit into concentrated soft drinks (squashes) and preserves.

After independence, in1948, the company’s name was changed from Indian Mildura Fruit Farms to Mitchell’s Fruit Farms Ltd and the brand name “MITCHELL’S” became the exclusive property of the Pakistani company.

The total number of shares of the Company is 22,875,000. The Earnings per shares of the Company is (7.04) in 2020 which was (10.16) in 2019. The Company had a loss of Rs. 55,445,000 in 2020 which was 80,006,000 in 2019.

Board Meeting in Progress of United Bank Limited

Karachi, United Bank Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on August 06, 2021 at Karachi to consider and approve the condensed Interim Financial Statements of the Bank for the half yearly Accounts for the period ended June 30, 2021 is in progress.

United Bank Limited is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. The Bank is a subsidiary of Bestway (Holdings) limited which is a wholly owned subsidiary of Bestway Group Limited.

With a customer base of over 4 million, the Bank boasts Pakistan’s widest network of over 44,000 customer touch points; this includes more than 1,400 branches, above 37,000 Omni Agents and over 1,400 ATMs. UBL has presence in four continents.

The total number of shares of the Company are 1,224,179,688. The Earnings per share I s17.07 in 2020 which was 15.63 in 2019. The Profit after tax is 20,898,783,000 in 2020 which was 19,133,774,000 in 2019.

Board of directors meeting of Kohinoor Textile Mills Limited

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 13, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 06, 2021 to August 13, 2021.

Kohinoor Textile Mills Limited is a Pakistan-based textile company. The Company operates through three segments: spinning, weaving, and processing and home textile. The Company’s spinning segment produces yarn using natural and artificial fibers. Its weaving segment is engaged in producing greige fabric using yarn. Its processing and home textile segment is engaged in processing greige fabric for production of printed and dyed fabric, and manufacturing of home textile articles. The Company owns production facilities at Rawalpindi, District Kasur and Gujar Khan. The Company’s production facilities include approximately 156,528 ring spindles capable of spinning a range of counts using cotton and man-made fibers. The Company’s stitching facilities produce a range of home textiles for the export market. The Company is engaged in the dyeing and printing fabrics for the home textile market. The Company’s subsidiaries are Maple Leaf Cement Factory Limited and Maple Leaf Capital Limited.

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

Board Meeting Other Than Financial Results of Adamjee Insurance Company Limited

Karachi, Adamjee Insurance Company Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on August 13, 2021 at Lahore to consider the matters other than financials.

Further, the company has declared the closed period from August 06, 2021 to August 13, 2021.

“Adamjee Insurance Company Limited was incorporated in Pakistan on September 28, 1960. It is a public limited company listed on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The company is also listed with Central Depositary Company of Pakistan. The company is involved in the business of general insurance. The classification of its products includes fire and property, health, marine, motor and miscellaneous kinds of insurance. The registered office of the company is located in Karachi through which networks of branches are operated across Pakistan. Two branches of the company are also located in UAE.

AICL with Hollard Insurance based in South Africa launched Life assurance operations through a separate entity name, Adamjee Life Assurance Company Limited.

The symbol “AICL” is being used by the stock exchanges for the shares of Adamjee Insurance Company Limited.”