Stevie® Awards Announce Winners in 18th Annual International Business Awards® from Across the Globe

Businesses Honored for Achievements Amidst COVID-19

Stevie Award Winners

2021 Stevie Award Winners will be celebrated at a virtual awards gala on December 8.

FAIRFAX, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 18th Annual International Business Awards®, the world’s only international, all-encompassing business awards program.

Winners were selected from more than 3,700 nominations submitted by organizations in 65 nations.

A complete list of all 2021 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 260 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevies overall is Ayala Land of Makati City, Philippines with 34. Other winners of multiple Stevie Awards are LLYC (33), IBM (23), Viettel Group (22), HALKBANK (20), DHL Express Worldwide (16), Masks4Missions (16), Telkom Indonesia (15), Yapi Kredi (13), Wolters Kluwer (13), Jeunesse Global (11), Tata Consultancy Services (11), Dubai Municipality (10), Zer Central Services and Trade (10), Zimat Consultores (10), AXA Sigorta (9), Google (8), Ooredoo Group (8), Sberbank of Russia (8), Isbank (7), MTR Corporation Limited (7), Thai Life Insurance (7), pH7 Communications (7), Sleepem Global, Inc. (7), Ulled Asociadios C.R.P. S.A. (7), Uniomedia Communications (7), and VNPT VinaPhone Corporation (7).

LLYC, a global communications and public affairs consulting firm headquartered in Madrid, Spain won 14 Gold Stevie Awards, more than any other organization in the competition.

All organizations worldwide are eligible to compete in the IBAs, and can submit entries in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, web sites, apps, events, and more.

The awards will be presented during a virtual awards ceremony on December 8, 2021.

About the Stevie® Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/481046f1-ae07-4101-90b5-5dc3f84b9676

Crocus Technology Unleashes the World’s Fastest and Most Accurate XtremeSense® TMR Current Sensor with No Performance Compromises

The CT430 and CT431 enables design engineers to simplify their product design while still achieving higher efficiency solutions

SANTA CLARA, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Crocus Technology Inc., the leading supplier of disruptive Tunnel Magneto-Resistance XtremeSense™ TMR sensors, today announces the CT430 and CT431 isolated current sensor with 1MHz bandwidth and <1% total error over the full temperature range. The high speed operation and accurate output allow customers to optimize system design for smaller size and higher efficiency. In contrast to existing designs that utilize a Hall Sensor, the XtremeSense™ TMR sensor enables a no-compromise design solution by combining high bandwidth response and high accuracy.

The CT43x products are coreless devices which utilize Crocus’ state-of-the-art XtremeSense™ TMR technology to detect extremely small variations in AC or DC currents while achieving an unprecedented total output error of less than 1.0% over the full temperature range from -40°C to +125°C. In addition, the CT43x has robust built-in immunity to common-mode fields which allows the device to reject > 99% of stray fields without the need for external shielding.   The Crocus proprietary TMR technology inherently offers very high signal-to-noise ratio (SNR) which allow for high resolution measurements required for precision control or monitoring applications. The linear error and offset performance is intrinsically more accurate permitting the elimination of system level calibration normally done with an external voltage reference, thus freeing up processor time and simplifying system design. “I’m excited to introduce this truly differentiated current sensor product which highlights the benefits the Crocus XtremeSense™ TMR technology can bring.” states Zack Deiri, President and CEO of Crocus Technology. “Our customers have been astounded by the level of performance we are able to deliver in their applications. The combination of high response time and accuracy provides system designers the flexibility they have been eager to achieve without any compromises.”

Product features and performance:

CT430 (5V version), CT431 (3.3V version)

Integrated 0.5mΩ conductor enabling 20A, 30A and 50A applications

Total error output +/-0.7% (typ)

300ns response time, 1MHz bandwidth

Low noise 9mArms

Integrated Common Mode Field Rejection (CMFR) with > 99% immunity

Over-Current Detection output pin

Investments made last year to expand our production capacity has enabled Crocus to be prepared to support high volume production today. To date we have shipped over 50M XtremeSense™ TMR sensors, and our customer base continues to rapidly expand. Products like the CT430 and CT431 which have an industry standard footprint enable customers to easily upgrade their existing products and accelerate product adoption.

Targeting applications in Solar Power Inverters, Power-Factor Correction (PFC), Battery Management Systems (BMS), Smart Appliances, IoT, and Power Supplies applications. These state-of-the-art devices are perfect companions to emerging applications utilizing GaN and SiC power devices where the fast response time of the Crocus TMR current sensors will ensure the highest operational efficiency.

The CT430 and CT431 are available in an industry standard 16-lead SOIC-Wide package with dimensions of 10.20 10.31 2.54 mm. Samples and evaluation boards are currently available, and the devices will be in full production in August 2021. For more information on the CT430 and CT431 products, please visit the product webpage:

CT430 https://crocus-technology.com/products/ct430/

CT431 https://crocus-technology.com/products/ct431/

About Crocus Technology

Crocus Technology develops and manufactures state-of-the-art magnetic sensors based on its patented XtremeSense™ TMR sensor technology. Crocus’ disruptive magnetic sensor technology brings significant advancements to IoT and smart devices, industrial, consumer, medical, and automotive electronics applications demanding high accuracy, high resolution, stable temperature performance, and low power consumption. Crocus is headquartered in Santa Clara, California. For more information, please visit http://www.crocus-technology.com.

© 2021 Crocus Technology International Corp. All rights reserved. Crocus Technology, XtremeSense and combinations thereof are trademarks of Crocus Technology Inc. and Crocus Technology SA. Other names are for informational purposes only and may be trademarks of their respective owners.

For more information, please contact:

Elsa Magnani
Crocus Technology
Tel: +1-208-999-6643
Email: emagnani@crocus-technology.com

Board of directors meeting of Pakistan State Oil Company Limited

Karachi, Pakistan State Oil Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 23, 2021 at Islamabad. 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 16, 2021 to August 24, 2021.

Pakistan State Oil Company Limited is a public company incorporated in Pakistan in 1976. The principal activities of the Company are procurement, storage and marketing of petroleum and related products. It also blends and markets various kinds of lubricating oils.

The creation of Pakistan State Oil can be traced back to the year 1974, when on January 1st; the government took over and merged Pakistan National Oil and Dawood Petroleum Limited as Premiere Oil Company Limited.

On 3rd June 1974, Petroleum Storage Development Corporation came into existence. PSDC was then renamed as State Oil Company Limited on August 23rd 1976. Following that, the ESSO undertakings were purchased on 15th September 1976 and control was vested in SOCL. The end of that year (30th December 1976) saw the merger of the Premier Oil Company Limited and State Oil Company Limited, giving way to Pakistan state Oil.

The total numbers of shares are 469,473,300. The Earnings per share is (13.77) in 2020 which was 22.55 in 2019. The Profit After Taxation in 2020 is (6,465,552,000) which was 10,586,553,000 in 2019.

Analyst Briefing of Frieslandcampina Engro Pakistan Limited

Karachi, Frieslandcampina Engro Pakistan Limited informed Pakistan Stock Exchange that the Company will be holding an analyst briefing regarding the Company’s business results for quarter 2021.

Frieslandcampina Engro Pakistan Limited, formerly Engro Foods Limited, is to manufacture, process and sell dairy products, beverages, ice cream and frozen desserts. The Company also owns and operates a dairy farm.

Board of directors meeting of Bank Al-Falah Limited

Karachi, Bank Al-Falah Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 25, 2021 at Karachi. The agenda of the meeting will to consider the half yearly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 16, 2021 to August 25, 2021.

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.

Financial results of Kohinoor Textile Mills Limited for Year ended June 30, 2021

Karachi, Kohinoor Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on August 13, 2021.

The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 11,053,635 and Rs. 2,756,329 with earnings per share 28.26 and 9.21 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from September 22, 2021 to September 28, 2021 (both days inclusive).

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.

Material Information of AKD Capital Limited

Karachi, AKD Capital Limited informed Pakistan Stock Exchange that Sindh Revenue Board has received at the office of Mutual Funds Association of Pakistan (MUFAP) dated August 13, 2021 addressed to MUFAP pertaining to “Non-applicability of Sindh Workers Welfare Fund (SWWF) on Mutual Funds and Voluntary Pension Schemes” has clarified that Mutual Funds are not liable to contribution against SWWF.

Accordingly, the MUFAP Board in consultation with Audit Firm decided to reverse the provision held by Mutual Funds dated August 13, 2021. The decision of MUFAP was accordingly implemented by AKD Investment Management Limited on the same date to reverse the provisions and discontinue further provisioning of SWWF from August 13, 2021. This resulted positively on the Net Assets Value of the following Mutual Funds under the management of AKD Investment Management Limited: interim distribution of the funds for the year ending June 30, 2021.

AKD Capital Limited engages in real estate development activities in Pakistan. It also offers projects
financing and management services; invests in listed securities; and engages in leasing activities. The
company was incorporated in 1936 and is based in Karachi, Pakistan.

The symbol “AKDCL” is being used by the stock exchanges for the shares of AKD Capital Limited.

Application for Voluntary Delisting of Wyeth Pakistan Limited from Pakistan Stock Exchange Limited of Wyeth Pakistan Limited

Karachi, Wyeth Pakistan Limited informed Pakistan Stock Exchange that the intention of Wyeth LLC USA, the majority shareholder, to buy back all outstanding securities and shares presently listed at the Pakistan Stock Exchange of the Company, barring those held by Wyeth Holdings Corporation, being the wholly owned subsidiary of Wyeth LLC, (who will continue to hold securities and shares in the de-listed entity), from all minority security holders comprising approximately 396,579 ordinary shares comprising of 27.90% of the total paid up share capital of the Company”) and the decision of the Board of Directors of the Company to delist the Company from PSX under regulation 5.14 of the PSX Rule Book – Voluntary Delisting Regulations (the “Regulation”).

Wyeth Pakistan Limited is a public limited company incorporated in 1949. The Company is listed on the Pakistan Stock Exchange and is engaged in import, marketing, distribution and sale of research based ethical specialties and other pharmaceutical products. Pfizer Inc. is the ultimate parent of the Company. Wyeth LLC, USA and Wyeth Holding Corporation USA, which are subsidiaries of Pfizer Inc., are the principal shareholders of the Company.

The total number of shares are 1,421,610. The Earning per share is (92.28) in 2020 which was 16.30 in 2019. The Profit After Taxation in 2020 is (13,189,000) which was 23,176,000 in 2019.

Material Information of National Bank of Pakistan

Karachi, National Bank of Pakistan informed Pakistan Stock Exchange that NBP Fund Management Limited, the management Company of Fund has reversed respective provision of Sindh Worker’s Welfare Fund till August 12, 2021.

National Bank of Pakistan was incorporated in Pakistan. The Bank is engaged in providing commercial banking and related services in Pakistan and Overseas. The Bank also handles treasury transactions for the Government of Pakistan (GoP) as an agent to the State Bank of Pakistan.

The total number of shares of the Company are 2,127,512,862. The Earnings per share of the Company is 14.36 in 2020 which was 7.43 in 2019. The Profit after Taxation is 30,558,919,000 in 2020 which was 15,809,811,000 in 2019.

Credit of Certificates of First Treet Manufacturing Modaraba

Treet Corporation was setup in 1952 and is almost as old as the country itself. Companies within Group are Semi-Autonomous units responsible for their own budgeting, new products launch, market decisions and new venture exploration and pricing. Operating as strategic business units, they are treated as internal profit centers by the corporate headquarter i.e. Treet Corporation limited, the holding company. These business units develop their business strategies though independently from other businesses but are trained to remain in-tune with broader corporate business policies. Corporate strategy (by the Parent Company) seeks to develop synergies across business units by sharing and coordinating staff, making investments in these units and using them to complement other corporate business activities.

The symbol “FTMM” is being used by the stock exchange for the First Treet Manufacturing Modaraba.

Corporate Briefing Session of MCB Bank Limited

Karachi, MCB Bank Limited informed Pakistan Stock Exchange that the Corporate Briefing Session of the Bank for the shareholders/investors and analysts, about the Bank’s financial performance for the half year ended June 30, 2021 and future outlook will be held on August 24, 2021.

MCB Bank Limited is a Public Limited Company, incorporated in Pakistan. The Bank engages in the provision of commercial banking and related services.

The total number of shares are 1,185,060,006. The Earnings per share of the Company is 24.50 in 2020 which was 20.23 in 2019. The Profit after Taxation is 29,037,301,000 in 2020 which was 23,976,839,000 in 2019.

Financial results of Pakistan Refinery Limited for Year ended June 30, 2021

Karachi, Pakistan Refinery Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 16, 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. 937,156 with earnings per share 1.52 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from October 08, 2021 to October 14, 2021 (both days inclusive).

Pakistan Refinery Limited was incorporated in Pakistan as a public limited company in May 1960. The company is engaged in the production and sale of petroleum products.