China’s Leading Hotel Management Conglomerate Wanda Hotels & Resorts Opens Wanda Vista Istanbul in Turkey, Its First Internationally Managed Hotel

BEIJING, Oct. 1, 2021 /PRNewswire/ — Wanda Hotels & Resorts is to open its first internationally managed hotel – Wanda Vista Istanbul – on October 1 in Turkey, marking an important milestone of group’s offshore management.

Hotel exterior and outdoor swimming pool

Close to Istanbul Airport, the Wanda Vista Istanbul, with 127 luxury guestrooms and 320 fully-equipped service apartments co-designed by Philippe Starck and Wanda Hotel Design Institute is the first international hotel to promote the “Pure Oriental Delight” concept internationally.

An Urban Resort in the Emerging Business District

Located in Bagcilar, a rapidly developing area in Europe, Wanda Vista Istanbul sits in the transportation hub close to the airport highway and is only 35 kilometers from the Istanbul Airport.  The advantageous location allows guests to travel conveniently to famous attractions, including the Bosphorus Strait, Hagia Sophia, and Blue Mosque.

Wanda Vista Istanbul has created a unique living space in the emerging business district with its wealth of dining and leisure facilities.  The hotel lobby, full of light and full of style, is elaborately adorned with one colorful retro car and well-arranged paintings.  Four restaurants and bars will be serving guests unforgettable delicacies from Turkey, China and around the world.

Living room of Wanda Vista Residence

Maestros from Two Countries Lead the Symphony of the Era

The Wanda Vista Istanbul and Wanda Vista Residence project, officially signed in 2017, was jointly developed by Mar Yapi Turizm A. S., a leading real estate developer from Turkey, and Wanda Hotels & Resorts, a leading asset management company China.

Eurasian Bridge Embraces Oriental Elegance

Wanda Vista Istanbul was designed by the internationally renowned Philippe Starck design firm, with Wanda Hotels & Resorts completing the interior design and operation management.

The hotel has a unique triangular column tower structure that maximizes daylight, pursuing the harmony and unity of culture and nature.  Wanda Hotel Design Institute has combined the traditional Chinese philosophies of “following the rules of nature” and extended the simple lines of the building exterior to the interior.  The exquisite metal screens cleverly separate the space that correlates as a whole, making the interior design echo with the outer to deliver a warm, comfortable vibe that conveys the power of harmony, openness and inclusiveness.

Guest room of Wanda Vista Residence

The 320 luxury apartments have well-equipped kitchens and elegant furniture, with high-speed internet covering the entire hotel. The grand ballroom has an area of 450 square meters and a worship hall.  In addition, there are three function rooms of different ranges to meet the various demands of banquet guests.

Wanda Vista Istanbul’s spa and fitness facilities cover an area of 2,600 square meters and consist of a fully-equipped fitness center, yoga room, spa center, outdoor pool and heated indoor pool.  The spa center has a Turkish bath where guests can experience authentic local bathing.  The Kids Center is also a popular choice for family travellers.

Hotel lobby of Wanda Vista Istanbul

For more information or to make a booking, please visit http://www.wandahotels.com.

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‫14ویں چائنا (ڈانگ ینگ) انٹرنیشنل پیٹرولیم اینڈ پیٹرو کیمیکل ایکوپمنٹ اینڈ ٹیکنالوجی ایگزبیشن کا کامیاب اختتام

ڈانگ ینگ،چین،01 اکتوبر،2021 /ژن ہوا-ایشیا نیٹ / — صوبہ شینڈونگ ،ڈانگ ینگ میں منعقد سہ روزہ 14واں چائنا(ڈانگ ینگ) انٹرنیشنل پیٹرولیم اینڈ پیٹرو کیمیکل ایکوپمنٹ اینڈ ٹیکنالوجی ایگربیشن 29ستمبر کے دن کامیابی سے اختتام پذیر ہوا۔

14ویں چائنا (ڈانگ ینگ) انٹرنیشنل پٹرولیم اینڈ پٹروکیمیکل ایکوپمنٹ ٹیکنالوجی ایگزبیشن کا افتتاح 27ستمبر کو ہوا۔

ڈانگ ینگ حکومت کے دفترِ اطلاعات نے واضح کیا کہ اس نمائش کا موضوع اے کنیکٹڈ ورلڈ ڈریون بائی انویشن تھا۔

تکمیل شدہ معاہدات کی کل مالیت 4.16بلین یوآن تھی اور اس تقریب کے دوران 262غیر ملکی اور 297 مقامی تجارتی معاہدات (قصدی معاہدات(پر دستخط ہوئے۔1300سے زائد نمائش کنندگان اس شاندار کلاوٗڈ نمائش میں شریک ہوئے،جنھوں نے 18 کیٹگریوں میں 17,000 مصنوعات پیش کیں۔ان میں آئل کی ڈرلنگ کے آلات ،دریافت کے آلات ،اور کلیکشن اور ترسیل کے آلات  شامل ہیں۔کل 270,000 سے زائد دورے ہوئے۔

ایک نمائش کنندہ 14ویں چائنا (ڈانگ ینگ) انٹرنیشنل پٹرولیم اینڈ پٹروکیمیکل ایکوپمنٹ ٹیکنالوجی ایگزبیشن کے موقع پر لائیو اسٹریمنگ میں مصنوعات متعارف کروارہاہے۔

ایک اسمبلی کارکن شینڈونگ، ڈانگ ینگ، کیروئی ہائی-اینڈ پٹرولیم ایکوپمنٹ انڈسٹریل پارک میں آرڈرپورے کرنے میں مصروف ہے۔

نئے اور مکمل آن لائن کلاوٗڈ نمائش کے پلیٹ فارم کے ساتھ،کلاوٗڈ ڈسپلے،کلاوٗڈ ڈائیورژن،کلاوٗڈ انٹراکشن،کلاوٗڈ نیگوسیشن کا پورا استعمال کیاگیا،جو نمائش اور سہولیات کے معیارکو نئی بلندیوں پر لے گئے۔اس نمائش میں  ڈسپلےکا علاقہ بھی شامل تھا جس میں تیل کی دریافت کی جدت،آلات  کی تیاری،اور پٹرولیم اور پیٹروکیمیکل صنعت میں بڑھتے رجحانات اور نئی  ترقی  کو زبردست،تھری ڈائمنشنل طرزکی پریزنٹیشن میں دکھایاگیا۔234نئی مصنوعات اور 181 ٹیکنالوجیاں پہلی بار پیش کی گئیں، اور تیل کے شعبے کی جامع ترقی کی سہولیات فراہمی کی  ٹیکنالوجیاں،جیسے تیل اور گیس کی دریافت اور مربوط ڈرلنگ پیکجز مرکز نگاہ رہے۔

گزشتہ 14سالوں میں،سالانہ چائنا (ڈانگ ینگ)انٹرنیشنل پٹرولیم اینڈ پیٹرو کیمیکل ایکوپمنٹ اینڈ ٹیکنالوجی ایگزبیشن 7,400 سے زائدنمائش کنندگان اور970,000 سے زائد لوگوں کو اپنی جانب متوجہ کیا۔اس نے 1,796غیر ملکی تجارتی معاہدات اور دستاویزات کے مکمل ہونے میں مدد کی،جس کا دائرہ کار 70ممالک اور خطوں پر محیط رہا،اور ڈانگ ینگ کی صنعت کی تبدیلی اور ترقی میں ایک زبردست قوت بن گیا۔یہ پٹرولیم آلات  کی صنعت میں نمُو کی جانب لے جانے والی ایک قوت ہے،تشہیر کے لیے نمائش کی  ایک جگہ،اور عالمی پٹرولیم آلات  کی صنعت میں ایک نئی ترقی کی رہبر ہے۔

ایک ٹیکنیشن شینڈونگ یونگلجنگونگ پٹرولیم ایکوپمنٹ کمپنی لمیٹیڈ میں آرڈر تیار کررہاہے۔

جیسے کہ معروف ہے،ڈانگ ینگ یلو دریا کے ڈیلٹا کے مرکز میں واقع ،اور چین میں تیل کے لیے ایک اہم شہر ہے۔ڈانگ ینگ کی پٹرولیم آلات  کی صنعت،اس کی مرکزی صنعت عملی طور پر ایک مکمل صنعتی ربط رکھتی ہے جو تحقیق اور ترقی،تیاری،سہولیات، اور مقامی اور بین الاقوامی تجارت کو باہم جوڑتی ہے۔شہر اب چین میں پٹرولیم آلات  کی تیاری کا مرکز بن گیاہے۔

ذریعہ : عوامی جمہوریہ ڈانگ ینگ کا دفترِ اطلاعات

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Zoom Announces Termination of Merger Agreement with Five9

SAN JOSE, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that Zoom and Five9 have mutually terminated the merger agreement executed by the parties on July 16, 2021.

At Five9’s special meeting of stockholders held on September 30, 2021, Five9 did not obtain the requisite stockholder support for the merger agreement. As a result, Zoom and Five9 each had the ability to terminate the merger agreement.

“While we were excited about the benefits this transaction would bring to both Zoom and Five9 stakeholders, including the long-term potential for both sets of shareholders, financial discipline is foundational to our strategy,” said Eric S. Yuan, Chief Executive Officer and Founder of Zoom. “The contact center market remains a strategic priority for Zoom, and we are confident in our ability to capture its growth potential. At Zoomtopia, we announced the Zoom Video Engagement Center, our cloud-based contact center solution, which will launch in early 2022. Video Engagement Center will be a flexible, easy-to-use solution that connects businesses and their customers. We are building this new solution with the same scalability and trusted architecture that has made Zoom the platform of choice for businesses around the world. We also plan to maintain our valued existing contact center partnerships with companies like Five9, Genesys, NICE inContact, Talkdesk, and Twilio. We remain focused on driving long-term value creation for Zoom shareholders and delivering happiness to our customers through our broad-based communications platform including unified communications, developer, and events solutions.”

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for individuals, small businesses, and large enterprises alike. Founded in 2011, Zoom is publicly traded (NASDAQ: ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Forward-Looking Statements
This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Zoom’s strategic priorities, market opportunity, product launches, the expected benefits of new products, growth strategy, partnerships and expected benefits from the same, and business aspirations to support organizations and people on multiple fronts as they look to reimagine work, communications and collaboration. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements, including: declines in new customers and hosts, renewals or upgrades, difficulties in evaluating our prospects and future results of operations given our limited operating history, competition from other providers of communications platforms, continued uncertainty regarding the extent and duration of the impact of COVID-19 and the responses of government and private industry thereto, including the potential effect on our user growth rate once the impact of the COVID-19 pandemic tapers, particularly as a vaccine becomes widely available, and users return to work or school or are otherwise no longer subject to shelter-in-place mandates, as well as the impact of COVID-19 on the overall economic environment, any or all of which will have an impact on demand for remote work solutions for businesses as well as overall distributed, face-to-face interactions and collaboration using Zoom, delays or outages in services from our co-located data centers, and failures in internet infrastructure or interference with broadband access which could cause current or potential users to believe that our systems are unreliable. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our most recent filings with the Securities and Exchange Commission (the “SEC”), including our quarterly report on Form 10-Q for the fiscal quarter ended July 31, 2021. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Press Relations
Colleen Rodriguez
Global Public Relations Lead for Zoom
press@zoom.us

Investor Relations
Tom McCallum
Head of Investor Relations for Zoom
investors@zoom.us

INVNT GROUP® And PepsiCo Innovate Through StrategiAc Partnership At Global Fair In Dubai

INVNT GROUP Develops and Builds Three Immersive Brand Experiences

New York, NY, Sept. 30, 2021 (GLOBE NEWSWIRE) — [INVNT GROUP] and PepsiCo have strategically partnered to design and build three one-of-a-kind, interactive, and educational pavilions opening October 1st , 2021. Each pavilion is designed around core sub-themes of Mobility, Sustainability, and Opportunity.

PepsiCo’s global brands including Aquafina®, Gatorade®, Pepsi® and Lay’s® headline the landmark pavilions; designed with the power of connectivity and sustainable futures in mind. 

Each pavilion has taken acute dedication, creativity, and labor – logging 6,032 hours for the Aquafina The Drop pavilion, 5,815 hours for the Gatorade The Bolt pavilion, and 5,943 hours for the Pepsi & Lay’s The Plus pavilion. Through advanced modular methodologies, INVNT GROUP in partnership with it’s on the ground fabrication partner in Dubai, Bespoke Modular Systems, has designed and engineered the pavilions with eco-conscious materials and considerations.

Scott Cullather, President & CEO, INVNT GROUP notes, “We’ve been working collaboratively with PepsiCo since 2006 on many of their largest activations and brand engagements across the portfolio. We are thrilled to continue that partnership through our purposeful work. The entire world will be present at this magnificent event, and we look forward to entertaining, educating, inspiring, and delighting.”

Jamal Wick, Managing Director, Bespoke Modular Systems added, “We are thrilled to support INVNT GROUP in bringing to life their designs for these iconic pavilions and can’t wait for the world to experience them firsthand this October.”

Aquafina: The Drop

The glistening Aquafina pavilion features 41,000 strategically placed recyclable aluminum cans on its exterior, creating a striking yet fluid water-drop structure. Visitors will be transported through The Drop pavilion as if within a water drop, while engaging with eye-opening statistics and ways to eradicate water inequity experienced by so many, globally.

It also delivers a high-tech experience with “Aquatar”: the 3D water encyclopedia that shares facts on the human body’s relationship to water. Aquatar was created with Unreal Engine, the world’s most open and advanced real-time 3D creation tool for cutting-edge content, interactive experiences, and immersive virtual worlds. Upon engaging, guests are transformed into water and water particles are displayed on a larger-than-life curved projection wall – all in real time.

Gatorade: The Bolt

Gatorade delves into to the science of physical performance and active lifestyles. The Bolt pavilion features multiple educational and shareable moments, starting with a retrospective of the Gatorade legacy and its relationship to some of the greatest athletes and sports moments of all time.

Visitors will get a look at the Gatorade Sports Science Institute (GSSI Lab), which boasts years of research focused on performance of the human body and its unending capabilities. Gatorade approaches personal hydration through innovation, with the GX™ Sweat Patch. Created to sync with your mobile device, the patch tracks performance vitals through perspiration, and offers bespoke recommendations for powering active lifestyles.

The Bolt pavilion also features an experiential moment where visitors can put their agility to the test against other visitors, through the Gatorade React Board.

Pepsi & Lay’s: The Plus

Bringing two of the world’s biggest brands under one roof, visitors can crunch and fizz through The Plus pavilion. Designed to engage all the senses through a kaleidoscope of bold flavors and rich colors, the pavilion creates a moment of joy and discovery.

Lay’s immersive pods allow visitors to bask in the renewing power of the spring season. Visitors can step into a striking cherry blossom display that is enhanced by scents of some of the most inventive Lay’s flavors from around the world.

Pepsi Black draws visitors into a multi-media world activated by cutting edge technology. Unity, the world’s leading platform for creating and operating interactive, real-time 3D (RT3D) content, powers interactive stations like the Pepsi Black “Pledge Wall” – a giant 5m x 4m LED curved wall where guests can enter a pledge and send their pledge into the fizzing world of Pepsi. The wall will hold all visitor’s pledges over the 6 months duration of the global conference. The number of pledges will keep accumulating and eventually the activation will cycle through thousands of pledges.

“PepsiCo will bring its unique sense of fun, ensuring that every guest makes the most of this iconic world gathering. The Bolt, The Drop, and The Plus are perfectly aligned with subthemes of Opportunity, Mobility and Sustainability and will showcase how PepsiCo will lead the world towards a fun and sustainable future,” said PepsiCo’s AMESA Chief Marketing Officer, Mustafa Shamseldin.

The pavilions will be open from 1 October 2021 through March 2022.

######

ABOUT INVNT GROUP

[INVNT GROUP] was established with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Dubai, London, Singapore, San Francisco, Sydney, Stockholm, Detroit, and Washington D.C.; headed up by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; branded content studio and content marketing agency, HEVĒ; collegiate events and experiences, INVNT Higher Ed, and INVNT, the founding live brandstory telling agency. For more information about [INVNT GROUP], visit: www.invntgroup.com.

ABOUT PEPSICO

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than US$70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than US$1 billion each in estimated annual retail sales.

Guiding PepsiCo is the vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business.  For more information, visit www.pepsico.com.

ABOUT BESPOKE MODULAR SOLUTIONS

Bespoke Modular Solutions (BMS) provides a new level of modular and prefabricated turnkey solutions to innovational real estate developers, hoteliers, and private residential projects to name a few. We offer a complete end-to-end solution, from a team of international experts that understand the region’s cultural and geographical sensitivities. Our designers and engineers have worked for the most renowned European companies in modular construction and in hotel operations.

Our company values live by building a better future for our next generation and children. We therefore are proud to say that we are pioneers in the region in off-site construction in an eco- friendly environment, with sustainable materials and in a time reduced manner. For more information, visit: www.bespoke-modular-solutions.com.

Attachment

Jhonathan Mendez de Leon
[INVNT GROUP]®
3478192089
jmendezdeleon@invnt.com

Annual general meeting of Panther Tyres Limited to be held on September 30, 2021

Karachi, Panther Tyres Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 30, 2021.

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.

Panther Tyres Limited is in the tyres and tubes industry of Pakistan. Apart from its main business, the Company has also ventured into trading business of automobile spare parts and lubricants.

The total numbers of shares are 140,000,000. The Earnings per share is 7.06 in 2021 which was 2.50 in 2020. The Profit after taxation is 851,262,000 in 2021 which was 251,827,000 in 2020.

Transaction of 150,000 shares of Mughal Iron and Steel Industries Limited

Karachi, Mughal Iron and Steel Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 150,000 shares @ Rs. 97.07 per share were bought from the market on September 30, 2021 through CDC.

Mughal Iron & Steel Industries Limited was incorporated as a public limited company on February 16, 2010. The principal activity of the Company is manufacturing and sale of mild steel products.

The Company is involved in multidimensional activities from making billets of Mild Steel, Spring Steel, Deformed bar, Re-bar, Cold Twisted Rebar and a huge range of Sections such as I.Beams, L.Sections, C.Section, H.Beam, T.Bar etc. in the downstream industry.

The total numbers of shares are 291,855,594. The Earnings per share is 2.36 in 2020 which was 5.46 in 2019. The Profit after Taxation is 592,872,000 in 2020 which was 1,372,931,000 in 2019.

Annual general meeting of Capital Assets Leasing Corporation Limited to be held on October 25, 2021

Karachi, Capital Assets Leasing Corporation Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 25, 2021 Karachi.

The agenda of the meeting will to confirm the minutes of the Extraordinary General Meeting held on May 03, 2021, 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 18, 2021 to October 25, 2021 (both days inclusive).

The Company was incorporated on April 1, 1992 as a public limited company. The principal activity of the company is to carry out leasing business. In addition, the company is also engaged in renting out of vehicles through its holding company. The company has its registered office in Karachi and a branch office in Lahore. The Company is subsidiary of M/s Optimus Limited.

The total shares of the Company introduced are 10,744,413. The Earnings per share in 2020 is 0.81 which was 1.88 in 2019. Their Profit after Taxation is 8,667,000 in 2020 which was 20,147,000 in 2019.

Annual general meeting of Artistic Denim Mills Limited to be held on October 25, 2021

Karachi, Artistic Denim Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 25, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on November 23, 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 17, 2021 to October 25, 2021 (both days inclusive).

Artistic Denim Mills Limited is a public listed company which started production in 1993 and persistently offering premium fabrics with multiple colors, shades and garments with extensive array of washes. Artistic Denim Mills Limited is engaged in the business of manufacturing of dyed denim fabric, yarn, and value-added textile products.

The company is a complete vertical unit converting cotton to finished garments, and is equipped with rope dyeing machines with a capacity of 140,000 meters.

The shares of the company are quoted on Pakistan stock Exchange, and the symbol “ADMM” is being used by the stock exchange for the shares of Artistic Denim Mills Limited.

The total number of shares they issued are 84,000,000. Earning Per Shares has decreased in 2020 which is 1.35 compare to 10.32 in 2019. The Net Profit Margin percentage has also decreased in 2020 which is 1.43% whereas it was 11.16% in 2019.

Resolution of B.R.R. Guardian Modaraba to be held on September 30, 2021

Karachi, B.R.R. Guardian Modaraba informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 30, 2021 at Karachi.

B.R.R. Guardian Modaraba is a multipurpose, perpetual Modaraba floated and is managed by B.R.R Investment (Private) Limited. The modaraba’s principal activity is leasing (ijarah) of assets, deployment of funds in musharakas, murabahas and investment in properties, equity and debt securities. The Modaraba also provides custodial and management services in the name of B.R.R Security Vault.

The total numbers of shares are 94,998,489. The Earnings per share is 1.73 in 2020 which was 0.52 in 2019. The Profit after Taxation is 149,104,000 in 2020 which was 44,843,000 in 2019.

Annual general meeting of Drekkar Kingsway Limited to be held on October 22, 2021

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

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 28, 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 15, 2021 to October 22, 2021 (both days inclusive).

Drekkar Kingsway Limited was registered on June 28, 1993 as Private Limited Company and was subsequently converted into Public Limited Company as on June 29, 1994. The principal activity of the company was manufacturing of all type of electrical appliances, cosmetics, toiletries, leather goods, machinery, components and parts.

In 1996, the company sold its plant and machinery. The company is currently engaged in making equity investments in undervalued profitable situations.

The total numbers of shares are 10,000,000. The (0.68) in 2020 which was (0.07) in 2019. The Company had a loss of Rs. 6,809,000 in 2020 which was 716,000 in 2019.

Transmission of Annual Report for the Year Ended June 30, 2021 of Agha Steel Industries Limited

Karachi, Agha Steel Industries Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2020 have been transmitted through PUCARS and is also available on Company’s website.

Agha Steel Industries Limited (ASIL) is the fully automatic leading Steel Re-Rolling Manufacturing Company in Pakistan with an annual capacity of 240,000 Metric Ton per annum.

The Company has introduced the TMT technology in the country, in conjunction with fully automated rolling mill. This has enabled the Company to produce high quality rebars having accuracy in terms of length and grade for meeting the customer’s needs.

Agha Steel Industries Limited was incorporated on 19th November 2013 as a private limited company. The Company was converted into a public limited company on 7th April 2015. The company is principally engaged in manufacturing and sale of steel bars, wire rods and billets.

The total number of shares the company has introduced so far are 576,075,293. The Profit after Taxation is 1,235,000,000 in 2020 which was 768,000,000 in 2019.

Transaction of 75,000 shares of EFU Life Assurance Limited

Karachi, EFU Life Assurance Limited informed Pakistan Stock Exchange about transaction of shares of the company. 75,000 shares @ Rs. 202.89 per share were bought from the market on September 30, 2021 through CDC.

EFU Life Assurance Limited is a Public Limited company incorporated in Pakistan on August 9, 1992. The company is engaged in life insurance business which includes ordinary life business, pension fund business and accident and health business. It is a subsidiary of EFU General Insurance Ltd.

The Government of Pakistan reopened the life insurance business to the private sector organizations and EFU Life Assurance Ltd started operations in November 1992.

The Shares which the company has introduced are 100,000,001. The Earnings per shares of the company has increased in 2020 and is 17.84 which was 15.49 in 2019. Their Profit after Taxation is 1,784,150,000 in 2020 which was 1,549,264,000 in 2019.