Material Information of Arif Habib Dolmen REIT Management Limited

Karachi, Arif Habib Dolmen REIT Management Limited informed Pakistan Stock Exchange In Compliance with directives of Government of Sindh to contain the spread of COVID-19 across the province of Sindh in wake of fourth wave, Dolmen Mall Clifton was closed from 31 July 2021 till 8 August 2021, further the mall will be closed for two safe days in the week, with restricted timings and compliance of COVID SOPs. Dolmen City REIT (DCR) stands fully committed with its tenants and willing to extend maximum possible support to all of them during the ongoing pandemic. DCR’s management has made every effort to work in close collaboration with our business partners and we can understand economic challenges that are being faced by the organizations due to COVID-19.

A joint venture between the Arif Habib Group and the Dolmen Group, AHDRML was incorporated as a public limited company (un-quoted) in 2009 under the Companies Ordinance, 1984 and registered under NBFC Rules with the Securities and Exchange Commission of Pakistan (SECP). The objective of the company is to launch and manage REITs on carefully selected and commercially viable real estate properties with the aim of bringing real estate investment within the reach of common investors. The company combines the expertise of Arif Habib and Dolmen Group, bringing together strengths in finance and investments, market gap identification, property development and 360 degree property management.

Material Information of Adamjee Insurance Company Limited

Karachi, Adamjee Insurance Company Limited informed Pakistan Stock Exchange that the Company had decided to make investment of PKR 1,564.47 million in Adamjee Life Insurance Company Limited (ALACL), a wholly owned subsidiary by subscribing 156,447,673 right shares offered by the Company at par value of Rs. 10/- each.

Adamjee Insurance Company Limited is the general insurance company of Pakistan, and was incorporated as a Public Limited Company on September 28, 1960. The Company is listed on Pakistan Stock Exchange Limited and also has regional presence in United Arab Emirates.

The Company is principally engaged in the general insurance business comprising fire and property, marine, motor, accident, health and miscellaneous. The shares of the Company are listed on Pakistan Stock Exchange.

The total number of shares the company has issued are 350,000,000 where the Earnings per Share in 2020 is 5.36 which was 5.18 in 2019. The Profit after Taxation has also increased in 2020 and is 1,875,506,000 which was 1,812,975,000 in 2019.

Appointment of Director of Mian Textile Mills Limited

Karachi, Mian Textile Mills Limited informed Pakistan Stock Exchange that Mr. Zeeshan Afzal has been appointed as Director of the Company with effect from August 13, 2021 in place of Ms. Shazia Arif.

Mian Textile Industries Limited, “the Company”, was incorporated in Pakistan on December 01, 1986 as a Public Limited Company under the Companies Ordinance, 1984. Its shares are quoted on Karachi and Lahore Stock Exchanges. The registered office of the Company is situated at 29-B/7, Model Town, Lahore and its manufacturing facilities are located at 48.5 K.M. Multan Road, Bhai Pheru, Tehsil Chunian, District, and Kasur. The Company is principally engaged in the business of manufacturing, sale and export of textile products. Due to the un-economic condition the production of own yarn and cloth was closed down and conversion services were extended to other parties. Weaving section building and Spinning section machinery, factory building has been leased to third parties.

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

Transaction of 1,000 shares of Pakistan Petroleum Limited

Karachi, Pakistan Petroleum Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 80.24per share were bought from the market on August 13, 2021 through CDC.

Pakistan Petroleum Limited was incorporated in Pakistan in 1950 with the main objectives of conducting exploration, prospecting, development and production of oil and gas resources. The company has also established a wholly-owned subsidiary, PPL Asia E&P B.V. with corporate seat in Amsterdam, Kingdom of Netherlands. The subsidiary will focus on exploration and production of oil and gas in the region. PPL has assigned its interest in Block 8, Iraq, under the Exploration, Development and Production Service Contract with Midland Oil Company, Iraq to PPL Asia E&P B.V.

The total number of shares are 2,720,967,548. The Earnings per share is 18.47 in 2020 which was 22.65 in 2019. The Profit After Taxation is 50,256,270,000 in 2020 which was 61,632,364,000 in 2019.

Transaction of 40,000 shares of Millat Tractors Limited

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange about transaction of shares of the company. 40,000 shares @ Rs. 1080.02 per share were bought from the market on August 12, 2021 through CDC.

Millat Tractors Limited is a public interest company, was incorporated on June 08, 1964. The Company is engaged in assembly and manufacturing of agricultural Tractors, Implements and Multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan.

The total number of shares of the Company are 56,057,751. The Earnings per share of the Company is 43.16 in 2020 which was 73.01 in 2019. The Profit After Taxation is 2,150,548,000 in 2020 which was 3,638,045,000 in 2019.

Subscription of Right Shares of Image Pakistan Limited

Karachi, Image Pakistan Limited informed Pakistan Stock Exchange that the Right Shares offered to the Directors of the Company have been subscribed in full as per requirement of Pakistan Stock Exchange Limited.

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.

Credit of Bonus Shares of Pakistan Oxygen Limited

Karachi, Pakistan Oxygen Limited informed Pakistan Stock Exchange that the Company, after having credited 20% bonus shares into respective accounts of the shareholders in the Central Depository System of CDC and dispatched physical share certificates for bonus shares to the registered address of the entitled shareholders on May 18, 2021, has also consolidated and disposed of the fractional shares through a TREC Holder of the Exchange.

In Pakistan, we have led and contributed to the development of the industrial gases industry for more than 70 years, providing global solutions with a local outlook, each customized to the specific needs of our customers.

We Supply Products to more than 4000 customer from a wide spectrum of industries ranging from chemicals and petrochemicals to steel, food and healthcare.

Our team of trained and professional staff manages 24-hour operations at ten major industrial locations across the country to support our customer wherever they may be located.

Our legacies are pioneering and sustaining technologies for the local industries. Our heritage is our partnership with our customers and enabling them to become leaders in their fields.

Transaction of 1,500 shares of Meezan Bank Limited

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,500 shares @ Rs. 140.47 per share were bought from the market on August 13, 2021 through CDC.

The Bank was granted a ‘Scheduled Islamic Commercial Bank license on January 31, 2000 and formally commenced operations as a Scheduled Islamic Commercial Bank with effect from March 20, 2002. It is engaged in corporate, commercial, consumer, investment and retail banking activities.

The total number of shares are 1,414,722,747. The Earnings per shares of the Company is 15.67 in 2020 which was 10.77 in 20190. The Profit after Taxation of the Company is 22,165,606,000 in 2020 which was 15,232,074,000 in 2019.

Extension of Time of Pakistan International Airlines Corporation

Karachi, Pakistan International Airlines Corporation informed Pakistan Stock Exchange that they apply for extension of time for filing of half yearly financial statements of the Company for the period ended June 30, 2021.

Pakistan International Airlines Corporation (PIAC) has been converted via Pakistan International Airlines Corporation (Conversion) Act, 2016 (Act No. XV of 2016), dated 19 April 2016 from a statutory corporation to a company governed by the Companies Ordinance, 1984. The new entity is called Pakistan International Airlines Corporation Limited (PIACL).

Through the PIAC (Conversion) Act, 2016, PIACL has succeeded to all the assets, liabilities, duties and obligations of PIAC. Similarly, PIACL is now entitled to the benefits of all notifications, licenses, permissions, sanctions, authorizations, concessions, decrees, international air service authorizations, agreements, orders and benefits issued or granted in favour of PIAC.

All employees of every grade and category of PIAC is hereby assured that they stand transferred by the PIAC (Conversion) Act, 2016 to PIACL with the same designation and on the same terms and conditions as they held in PIAC.

All lenders (foreign and local, fleet and non-fleet) and other creditors of PIAC shall continue to enjoy from PIACL, the same contractual benefits and protections that they enjoyed from PIAC. All guarantees given by the Federal Government to secure PIAC’s obligations will now continue so as to secure the obligations of PIACL.

The shareholders of PIACL shall be deemed without any fresh issuance of shares to own and hold the same number of shares with the same rights and privileges (including as to class, kind, and face value) as they owned and held in PIAC immediately prior to the conversion.

All proceedings of every description and nature whatsoever by or against or relating to PIAC pending on the date of Conversion, in any court, tribunal, or other authority shall be continued, defended, prosecuted and enforced by or against or relating to PIACL in the same manner and to the same extent as they would have been continued, defended, prosecuted and enforced by or against or relating to PIAC, and the same shall not abate, be discontinued, prejudiced or otherwise affected by the conversion.

Profit Payment of Bank Al-Falah Limited

Karachi, Bank Al-Falah Limited informed Pakistan Stock Exchange that the register of TFC holders will remain closed from September 11, 2021 to September 25, 2021 (both days inclusive) for determination of seventh coupon payment payable semiannually. The payment will be made to those certificate holders whose names appear as on the book closure.

Bank Alfalah Limited is a Public Interest Company, was incorporated in Pakistan as a Public Limited Company on June 21, 1992. Bank Alfalah has international presence as well and working in Afghanistan, Bangladesh, Bahrain and the UAE. The Bank also has a representative office in Abu Dhabi. Bank Alfalah is owned and operated by the Abu Dhabi Group.

They provides financial solutions to consumers, corporations, institutions and governments for products and services, including corporate and investment banking, consumer banking and credit, securities brokerage, commercial, SME, agri-finance, Islamic and asset financing solutions.

The symbol “BAFL” is used in respect of the shares of the Bank.

The number of shares the company has introduced are 1,777,165,119. The Earnings per shares has decreased in 2020 and is 5.89 which was 7.15 in 2019. The profit after taxation in 2020 is 10,474,910,000 compare to 12,695,517,000 in 2019.

Dispatch of Rights of Image Pakistan Limited

Karachi, Image Pakistan Limited informed Pakistan Stock Exchange that they have dispatched the offer letters of Right at 75% for the period ended June 30, 2021 to all the shareholders by registered post/ courier service and also credited the Central Depository System (CDS) on August 13, 2021.

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.

Transaction of 1,502 shares of Habib Bank Limited

Karachi, Habib Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 2 shares @ Rs. 129.60 per share were sold in the market on August 11, 2021, 500 shares @ Rs. 129.00 per share were sold in the market on August 12, 2021 and 1,000 shares @ Rs. 129.15 per share were sold in the market on August 12, 2021 through CDC.

Habib Bank Limited is incorporated in Pakistan and is engaged in commercial banking related services in Pakistan and overseas. The Aga Khan Fund for Economic Development (AKFED), S.A. is the parent company of the Bank and its registered office is in Geneva, Switzerland.

The Government of Pakistan privatized HBL in 2004 through which Aga Khan Fund for Economic Development (AKFED) acquired 51% of the Bank’s shareholding and the management control. The remaining 41.5% shareholding by the GoP was divested in April 2015. AKFED continues to retain 51% shareholding in HBL while the remaining shareholding is held by individuals, local and foreign institutions and funds including CDC Group Public Limited Company which holds 5% and International Finance Corporation which holds 3%.

The Bank is listed on Pakistan Stock Exchange. The shares of the bank are 1,466,852,508. Its Earnings per shares is 21.49 in 2020 which was 10.27 in 2019. Their Profit after Taxation is 31,523,682,000 in 2020 which was 15,064,189,000 in 2019.