Day: September 30, 2021

Karachi, Pakistan Capital Market Fund informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Pakistan Capital Market Fund (A Balanced Fund) (referred to as PCM) is an open end balanced fund that invests in a range of asset classes such as equity and debt in Pakistani market.

The asset allocation to equities and debt is made on the basis of relative attractiveness of each asset class. The investment process is driven by fundamental research. For equities investment, fundamental outlook of sectors/companies and DCF (discounted cash flow) valuations are the primary factors in sectors’ allocation and stock selection. For debt investment, interest rate outlook is the key determining factor and allocation to this segment is increased when the yields are comparatively higher compare to the total returns on equities. Investment is made in corporate bonds (investment grade) and government bonds.

The symbol “OEFPCMF” is being used by the stock exchange for the Pakistan Capital Market Fund.

Karachi, Kot Addu Power Plant informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

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.

Karachi, MCB-Arif Habib Savings and Investments Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 26, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 19, 2020, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 19, 2021 to October 26, 2021 (both days inclusive).

MCB-Arif Habib Savings and Investments Limited was incorporated in the name of Arif Habib Investment Management Limited (AHIML) on 30 August 2000 as an unquoted public limited company.

During 2008, AHIML was listed on the Karachi Stock Exchange Limited (now integrated into the Pakistan Stock Exchange Limited) by way of offer for sale of shares by a few of its existing shareholders to the general public. In the same financial year, the name of AHIML was changed from “Arif Habib Investment Management Limited” to “Arif Habib Investments Limited” (AHIL).

The total numbers of shares are 72,000,000. The Earnings per share is 5.23 in 2021 which was 3.58 in 2020. The Profit after Taxation is 376,434,000 in 2021 which was 257,669,000 in 2020.

Karachi, Modaraba Al-Mali informed Pakistan Stock Exchange that the annual review meeting of the Company will be held on October 27, 2021 at Karachi.

Modaraba Al-Mali is a multipurpose and perpetual Modaraba floated in Pakistan on July 8, 1987 and is managed by BankIslami Modaraba Investments Limited. The Modaraba is engaged in the business of leasing, murabaha, musharaka financing, operation of petrol and diesel filling/service station. The Modaraba is listed at Pakistan Stock Exchange.

The total number of shares are 18,423,945. The Earnings per share is 1.01 in 2020 which was 0.43 in 2019. The Profit after taxation is 18,607,000 in 2020 which was 7,965,000 in 2019.

Karachi, Quetta Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 89,995 shares @ Rs. 0.00 per share were gift- out the market on September 20, 2021 and 89,995 shares @ Rs. 0.00 per share were gift- in the market on September 20, 2021 through CDC.

Quetta Textile Mills Limited was incorporated in Pakistan as a Public limited Company on January 29, 1970. The company is principally engaged in manufacturing and sale of Yarn and Fabric.

The total numbers of shares are 13,000,000. The Earnings per share is (54.93) in 2020 which was (28.38) in 2019. The Company had a loss of Rs. 714,070,000 in 2020 which was 368,904,000 in 2019.

Karachi, Murree Brewery Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 22, 2021 at Karachi.

The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 16, 2021 to October 22, 2021 (both days inclusive).

Murree Brewery Company Limited was incorporated in 1861, is a large size public limited company in Pakistan. The Company is principally engaged in the manufacturing of alcoholic beer, Pakistan Made Foreign Liquor (PMFL), nonalcoholic beer, aerated water (non-alcoholic products), juices and food products, mineral water, glass bottles and jars. The Company is presently operating three divisions namely Liquor, Tops and Glass to carry out its principal activities.

The total number of shares are 27,663,631. The Earnings per share is 24.61 in 2020 which was 44.21 in 2019. The Profit After Taxation is 681,728,000 in 2020 which was 1,222,938,000 in 2019.

Karachi, Leather Up Limited informed Pakistan Stock Exchange that they have applied to the Securities and Exchanges Commission of Pakistan for extension of time holding their Annual General Meeting for the year ended June 30, 2021 upto November 28, 2021 i.e. 30days.

Leather Up Limited was incorporated as a private limited company. Subsequently the Company was converted into a public limited Company on May 15, 1993. The Company is engaged in the manufacture and export of leather garment products.

The total numbers of shares are 6,000,000. The Earnings per share is (0.14) in 2020 which was (1.42) in 2019. The Company had a loss of 860,000 which was 8,195,000.

Karachi, International Steels Limited informed Pakistan Stock Exchange about transaction of shares of the company. 29,900 shares @ Rs. 165.37 per share were bought the market on September 29, 2021 through CDC.

International Steels Limited was set up in 2007 as a public limited company. It is a subsidiary of International Industries Limited. The Company manufactures cold rolled, galvanized and color coated steel coils and sheets.

ISL’s manufacturing facilities are located on 32 acres in the port city of Karachi, where the company produces Cold Rolled Steel, Galvanized Steel and Color Coated Steel for numerous industrial and commercial applications. The company has a strong nationwide supplier network that is served through regional offices in Lahore, Islamabad and Multan. ISL exports its products to more than 20 countries worldwide. The company has a production capacity of over 1,000,000 Metric Tons.

The Company has quoted its shares that are 435,000,000. The Earnings per shares of the Company is 1.14 in 2020 which was 6.12 in 2019. Their Profit after Taxation is 494,851,000 in 2020 which was 2,664,373,000 in 2019.

Karachi, Ittehad Chemicals Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Ittehad Chemicals Limited was incorporated on September 28, 1991 to takeover the assets of Ittehad Chemicals and Ittehad Pesticides. The Company was privatized on July 03, 1995. Ittehad Chemicals Limited is in the business of manufacturing, importing, exporting, packing and repacking Caustic Soda, Sodium Hypo Chlorite and other allied chemicals.

The symbol “ICL” is being used by the stock exchanges for the shares of Ittehad Chemicals Limited. The total numbers of the shares are 84,700,000. The Earnings per shares of the Company is 0.72 in 2020 which was 4.78 in 2019.Their Profit after Taxation is 60,800,000 in 2020 which was 405,051,000 in 2019

Karachi, Merit Packaging Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company. The Company is mainly engaged in the manufacture and sale of printing and packaging materials.

Merit Packaging Limited, associated with the Lakson Group of Companies. It operates a single factory in Karachi with an additional facility in Lahore. Its headquarters are located at Lakson Square, Karachi, Pakistan.

The total number of shares are 80,628,398. The Earnings per share is (8.59) in 2020 which was (3.85) in 2019. The Company had a loss of Rs. 692,679,000 in 2020 which was 310,536,000 in 2019.

Karachi, Pakistan Income Fund informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Pakistan Income Fund (PIF) is an open end fund, which invests in corporate securities, Government securities; money market placements, TDRs and short maturity reverse repurchase transactions. PIF is a long only fund and cannot undertake leveraged investments. Under the Regulation number 58(1)(k) of NBFC and NE regulations 2008, it is only allowed to borrow up to 15% of net assets for up to 90 days to meet redemption needs.

The symbol “OEFPIF” is being used by the stock exchange for the Pakistan Income Fund.

Karachi, Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that Mr. Muhammad Rashid has been appointed as Directors of the Company with effect from September 27, 2021 in place of MR. Faiz Illahi Memon.

Pakistan Reinsurance Company Limited was incorporated in Pakistan as a public limited company on March 30, 2000. The Company is engaged in providing of reinsurance and other insurance business.

The company provides insurance solutions to departments including Aviation, Marine Cargo, Marine Hull, Engineering, Fire and Accident. It provides reinsurance protection to the local insurance industry in view of treaty and facultative business as well as managing insurance schemes assigned by the Federal Government of Pakistan.

The total number of shares are 300,000,000. The Earnings per share is 4.64 in 2020 which was 4.95 in 2019. The Profit after Taxation is 1,391,439,000 in 2020 which was 1,484,283,000 in 2019.