Bombardier Celebrates Graduation of First Cohort of Red Oak, Texas-based Apprentices in Comprehensive Training Program

  • Department of Labor (DOL) nationally accredited apprenticeship program allows Bombardier to attract talented individuals from across the U.S. to grow dedicated talent pool in Red Oak
  • Graduates of the program offered full-time employment to support development of Global 7500 advanced smooth flex wing at Red Oak facility
  • Program fuels local grassroots aerospace pipeline

RED OAK, Texas, Nov. 04, 2021 (GLOBE NEWSWIRE) — Bombardier today announced the graduation of 10 participants from its first cohort of apprentices enrolled in its comprehensive apprenticeship training program developed in association with Texas State Technical College (TSTC) in Red Oak, Texas. With the successful completion of the training program, graduates are offered full-time employment at Bombardier’s Red Oak facility as an aircraft assembler or aerostructures apprentice to work on the Global 7500 business jet’s advanced smooth flex wing.

The two-year Department of Labor (DOL) accredited Bombardier Aerospace Apprenticeship Program (BAAP), launched in December 2019, offers students the opportunity to enter the high-tech aerospace sector with no specific pre-requisites. It challenges them to present a winning attitude and develop mechanical dexterity and sound logic skills to pass an entry-level aptitude test. In turn, Bombardier and TSTC offer expert training in conjunction with TSTC’s excellent facilities, allowing students to benefit at no cost from industry-tailored modules, experienced instructors, tools and equipment and financial support. Since its inception, some 80-plus individuals are currently being trained in the program. Bombardier and TSTC plan to recruit more than 50 individuals into the program over the next two years.

“I am thrilled to celebrate the successful graduation of the women and men in the BAAP program who will now transition forward in new careers at Bombardier, helping to ramp up the development of Bombardier’s Global 7500 program,” said Paul Sislian, Executive Vice President, Operations and Operational Excellence, Bombardier. “The accomplishments of these talented individuals aptly underscore the importance of fueling the aerospace pipeline in our Red Oak facility, bringing world-class training opportunities and cementing Bombardier as a key pillar of the community. It’s a wonderful way for Bombardier to celebrate National Apprenticeship Week in the U.S.”

The apprenticeship program offers a unique blend of practical and on-the-job training with theoretical, in-class learning. Educational topics covered include the introduction of health, safety and quality best practices, as well as aircraft drawing and specification comprehension, manufacturing appreciation of standard and regulatory compliances of aircraft assembly and more.

The Global 7500 jet is the flagship of the Bombardier business aircraft fleet, and it has won numerous awards for its innovative design. The Global 7500 aircraft’s advanced smooth flex wing design features sophisticated slats and flap system that maximizes aerodynamic efficiency and performance for improved safety and an exceptionally smooth ride.

About Texas State Technical College
TSTC was established 50 years ago to help create a strong Texas. It is efficiently and effectively helping Texas meet the high-tech challenges of today’s global economy, in partnership with business and industry, government agencies and other educational institutions. TSTC graduates are highly valued by business and industry for their work ethics, knowledge and workplace skills.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of over 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.
Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.

Bombardier, Global and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information
Matthew Nicholls
Bombardier
+1 514-243-8214
Matthew.Nicholls@aero.bombardier.com

Bombardier Names Nick W. Verdea Recipient of 2021 Safety Standdown Award

2021 Safety Standdown Award winner
Honouring our 2021 Safety Standdown Award winner: (from left): Bombardier’s new leader of the Safety Standown team, Chris Milligan; Ed Coleman, Manager, Aviation, Midwest Transplant Network; Safety Standdown Award winner Nick W. Verdea; and Bombardier’s outgoing leader of the program, Andy Nureddin
  • A long-time Safety Standdown supporter, Verdea has demonstrated exceptional safety leadership throughout his 25-year aviation career
  • Influential award recognizes exceptional efforts to improve aviation safety throughout the industry
  • Bombardier’s Safety Standdown celebrating 25 years of aviation safety stewardship and education

MONTREAL, Nov. 04, 2021 (GLOBE NEWSWIRE) — Nick W. Verdea, a Certified Aviation Manager (CAM) and Global Leadership Professional (GLP), has been named the 2021 winner of the Bombardier Safety Standdown Award, as selected by the Safety Standdown Advisory Council members. Verdea, Director of Aviation and Corporate Travel for The Williams Company in Tulsa, OK., is a long-time supporter and advocate of this highly influential event.

Verdea accepted the award on November 3, 2021, during the 25th annual Bombardier Safety Standdown event in Wichita, KS. The two-day, in-person safety gathering brought industry professionals together for enhanced learning opportunities, compelling workshops, presentations and more, laying the foundation for safety training and professional development. For a quarter of a century, Bombardier has led the industry in providing aviation professionals with critical knowledge-based aviation training and lifelong professional development opportunities.

The Bombardier Safety Standdown Award is presented annually to an aviation professional who has demonstrated exemplary dedication to improving aviation safety through the Safety Standdown principles of Learn, Apply, Share. Verdea was nominated for his leadership in aviation safety management over the course of his 25-year aviation career by Richard Westmoreland, Director of Aviation for First Horizon. At The Williams Company, Verdea oversees the daily operations and priorities of a high-performing team of 13 that operates corporate aircraft. A major part of his responsibilities is to execute and expertly manage the annual travel services budget with a compliance concentration on travel experience and cost containment. Verdea’s commitment to safety excellence is admirable and this is clearly reflected in his many leadership roles over his career. He is a dedicated life-long learner and has an impeccable flying record of more than 13,000 accident-free hours in the cockpit.

“On behalf of Bombardier, I wish to congratulate Nick Verdea for his outstanding career and unwavering commitment to Safety Standdown and to promoting aviation safety and professionalism at all levels of our industry for a quarter of a century,” said longtime Bombardier executive, Andy Nureddin, who stewards the Safety Standdown program. “Nick embodies precisely what the Safety Standdown Award stands for: celebrating individuals who are role models in the field and have made a real difference day-to-day. He is the ideal ambassador for our Safety Standdown mission.”

Bombardier’s Safety Standdown is one of the most comprehensive safety conferences in the industry. This year’s in-person event celebrated 25 years of safety stewardship and this year’s theme, “Learn, Apply, Share” reminds aviation professionals and organizations to learn new skills, apply them and share their knowledge to make an impact as a role model.

About Safety Standdown
Conceived in 1996 as a human factors safety-training event for the Learjet flight demonstration team, the conference quickly garnered a reputation for excellence beyond Bombardier’s customer base. In 1999, in response to growing interest within the industry, Bombardier opened the seminar to all pilots. In 2010, Safety Standdown expanded beyond the seminars into a year-round global human factors program offering online resources. Since 1996, more than 10,000 corporate, commercial and military aviation professionals have attended Safety Standdown seminars around the world, live and through the webcast, including in Brazil, Canada, China, Mexico, Switzerland and the USA.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of over 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.

Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.

Bombardier and Learjet are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information
Matthew Nicholls
Bombardier
+1 514-243-8214
Matthew.Nicholls@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5720955a-d603-48bb-8597-9964e5b499e2

‫آئی ایس جی پرووائیڈر لینس™ کانٹیکٹ سینٹر میں اسٹرائیو نمایاں طور پر شامل – کسٹمر ایکسپیریئنس سروسز 2021 عالمی رپورٹ

سنگاپور، 4 نومبر، 2021/پی آر نیوز وائر/– اسٹرائیو (سابقہ ایس پی آئی گلوبل)، ایڈ ٹیک، مواد اور ڈیٹا سلوشنز سے چلنے والی ٹیکنالوجی میں مارکیٹ لیڈر، کو اس کے پرووائیڈر لینس™ رابطہ مرکز میں ایڈوائزری فرم انفارمیشن سروسز گروپ (آئی ایس جی) نے عالمی جغرافیوں میں ایک مدّمقابل قرار دیا ہے  — کسٹمر ایکسپریئنس سروسز 2021 عالمی رپورٹ۔ سٹرائیو کو کاروباری مستعدی اور کسٹمر سپورٹ سروسز میں اس کی آپریشنل مہارتوں کی وجہ سے متعدد کواڈرینٹ بشمول ڈیجیٹل آپریشنز، اے آئی اور تجزیات، ورک فرام ہوم سروسز اور سوشل میڈیا سروسز میں نمایاں طور پر شامل کیا گیا ہے۔

پرووائیڈر لینس™ ایک پریکٹیشنر کی زیرقیادت سروس فراہم کرنے والی مماثلت ہے۔ تحقیقی رپورٹس وینڈر کی آزادانہ تشخیص اور انٹرپرائز خریداری کے رویوں کی متعد  حصوں  میں تقسیم فراہم کرتی ہیں۔

15 سال سے زیادہ عرصے تک ایک صنعتی رہنما کے طور پر، اسٹرائیو کی قابلیتوں میں آؤٹ سورسنگ خدمات، جامع پیشکشیں، اعلی درجے کی ترسیل کے مراکز، عالمی زبانوں کی صلاحیتیں، اور موضوعاتی ماہرین کی 24/7 دستیابی شامل ہے۔ مختلف شعبوں میں مہارت رکھنے والے 2,300+ سپورٹ ایجنٹس کے ساتھ اور ملٹی چینل سپورٹ فراہمی کے ساتھ، اسٹرائیو معلوماتی صنعت کے تمام حصوں بشمول اشاعت (سائنسی/پیشہ ورانہ)، تعلیم، قانونی اور ٹیکس، مالیاتی معلومات سمیت صارفین کی شمولیت کو موثر انداز میں آگے بڑھاتا ہے۔ سٹرائیو کا مضبوط ٹیکنالوجی سلوشن سوئٹ کسٹمر کی توقعات کو پورا کرنے، سیلز، پروڈکٹ اور سروس کو بڑھانے کے لیے تیار کیا گیا ہے۔

اس خصوصیت پر ، رتن دتا، صدر اور سی ای او، سٹرائیو، نے کہا، “بدلتی ہوئی ڈیجیٹل ٹیکنالوجیز نے صارفین کی مشغولیت کے طریقوں کو یکسر تبدیل کر دیا ہے۔ پرووائیڈر لینس™ کواڈرینٹ رپورٹ میں اسٹرائیو کا داخلہ اور خصوصیت ہمارے علم، مہارت، اور کسٹمر سپورٹ سروسز میں کامیاب ریکارڈ۔ موضوع کی مہارت اور جدید ترین ٹیکنالوجیز کا عمدہ امتزاج — مصنوعی ذہانت، مشین لرننگ، اور تجزیے ہماری صلاحیتوں کے مرکز میں رہے ہیں۔”

آئی ایس جی رپورٹ میں نوٹ کیا گیا کہ، “اسٹرائیو™ مختلف چینلز میں اپنی ٹیکنالوجی یافتہ کسٹمر سروسز کو تیار کرنے کی سمت میں شعوری طور پر کام کر رہا ہے تاکہ اس کے ٹارگٹ مارکیٹ کے مختلف حصوں میں کسٹمر کا بھرپور تجربہ فراہم کیا جا سکے۔”

سٹرائیو کے پاس ایک مضبوط اور قائم شدہ CX پریکٹس (کسٹمر تجربہ پریکٹس) ہے جس کی توجہ گاہک کے تجربے کو بہتر بنانے پر مرکوز ہے، جس میں پروڈکٹ اور تکنیکی مدد لیڈ جنریشن کے ساتھ ساتھ اہم پیشکشوں میں سے ایک ہے۔ ملازمین  کی 18,000 سے زیادہ تعداد بشمول 2300+ وقف کسٹمر سروس کے اہلکار، کےساتھ اور 8 ممالک میں پھیلے ہوئے آپریشن، کمپنی ڈیجیٹل سپورٹ، بیک آفس سروسز، سیلز اور مارکیٹنگ سہولت کے ساتھ کثیر لسانی سہولت اور 10 سے زائد زبانوں میں طریقہ عمل کے مواد پیش کرتی ہے۔ اسٹرائیو کی لیبز میں اختراع کو فروغ دینے، صنعت کے معیارات بنانے اور کلائنٹس کے ساتھ مل کر حل تیار کرنے کے لیے ایک پرخلوص ٹیم بھی  موجود ہے۔

مکمل رپورٹ پڑھنے کے لیے، یہاں کلک کریں۔

اسٹرائیو (سابقہ ایس پی آئی گلوبل)کے بارے میں

اسٹرائیو مارکیٹ کا ایک معروف مواد ٹیکنالوجی انٹرپرائز ہے جو ڈیٹا سروسز، موضوع کی مہارت (ایس ایم ای)، اور متعدد ڈومینز جیسے تحقیقی مواد، ای لرننگ/ایڈـٹیک، اور ڈیٹا/معلومات فراہم کرنے والے ٹیکنالوجی کے حل فراہم کرتا ہے۔ دنیا بھر میں 30 ممالک پر مشتمل کلائنٹ بیس کے ساتھ، اسٹرائیو کا کثیر جغرافیائی وسائل کا پُول بطور حکمت عملی ان آٹھ ممالک: فلپائن، ہندوستان، امریکہ، چین، نکاراگوا، ویتنام، برطانیہ میں، اور کمپنی کا صدر دفتر سنگاپور میں واقع ہے۔

میڈیا استفسارات کے لیے رابطہ کریں۔

کشتیز آہوجا

لیڈ برانڈ اور پی آر

kshitiz.ahuja@straive.com

لوگو:     https://mma.prnewswire.com/media/1678685/Straive_New_Logo.jpg

Straive featured in ISG Provider Lens™ Contact Center — Customer Experience Services 2021 Global report

SINGAPORE, Nov. 4, 2021 /PRNewswire/ — Straive (erstwhile SPi Global), a market-leader in technology driven EdTech, content, and data solutions, has been named a contender across global geographies by advisory firm Information Services Group (ISG) in its Provider Lens™ Contact Center — Customer Experience Services 2021 global report. Straive has been featured in multiple quadrants, including Digital Operations, AI & Analytics, Work from Home Services & Social Media Services, owing to its proficiency in driving business agility and operational excellence in customer support services.

ISG Provider Lens is a practitioner-led service provider comparison. Research reports provide independent vendor evaluations and enterprise buying behavior segmentation.

As an industry leader for more than 15 years, Straive’s capabilities encompass outsourcing services, comprehensive offerings, advanced delivery centers, global language capabilities, and 24/7 availability of subject matter experts. With 2,300+ support agents specialized across various disciplines and providing multi-channel support, Straive drives customer engagement efficiently across the information industry segments including publishing (scientific/professional), education, legal & tax, financial information among others. Straive’s robust technology solutions suite is tailored to meet customer expectations, enhancing sales, product, and service.

On the feature, Ratan Datta, President and CEO, Straive, said, “The evolving digital technologies have radically transformed the ways of customer engagement. Straive’s entry and feature in the ISG Provider Lens™ quadrant report is a testament to our knowledge, expertise, and successful record in customer support services. A fine blend of subject matter expertise and the latest technologies—AI, ML, and Analytics have been at the center of our capabilities.”

The ISG Report noted, “Straive™ is consciously working towards developing its tech-enabled customer services across various channels in order to deliver an enriched customer experience in its target market segments.”

Straive has a strong and established CX practice focused on improving the customer experience, with product and technical support being one of the major offerings, along with lead generation. With more than 18,000 employees, including 2300+ dedicated customer service personnel,  and operations spread across 8 countries, the company offers digital support, back-office services, sales & marketing support along with multilingual support and content operations in more than 10 languages. Straive also has a dedicated team in its labs to foster innovation, create industry benchmarks and co-create solutions with clients.

To read the full report, Click Here

About Straive (erstwhile SPi Global)

Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in eight countries: Philippines, India, USA, China, Nicaragua, Vietnam, United Kingdom, and the company headquarters in Singapore. 

For media queries , contact
Kshitiz Ahuja
Lead-Brand and PR
kshitiz.ahuja@straive.com

Logo: https://mma.prnewswire.com/media/1678685/Straive_New_Logo.jpg

Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference

Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference

Mont-Saint-Guibert, Belgium. – November 3, 2021, 10:30 pm CET / 4:30 pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that Olivier Taelman, Chief Executive Officer, will participate at the Stifel 2021 Virtual Healthcare Conference on Monday, November 15, 2021, with a virtual fireside chat at 4:00 pm CET/10:00 am ET.

A live webcast and replay of the fireside chat will be available on the Company’s investors relations website at https://investors.nyxoah.com/

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE-Mark indication approval to treat Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

Gilmartin Group
Vivian Cervantes
IR@nyxoah.com

Attachment

Transaction of 5,000 shares of Aisha Steel Mills Limited

Karachi, Aisha Steel Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 3,000 shares @ Rs. 18.05 per share were sold in the market on November 03, 2021 and 2,000 shares @ Rs. 18.07 per share were sold in the market on November 03, 2021 through CDC.

Aisha Steel Mills Limited was incorporated in Pakistan on May 30, 2005 as a public limited company. The company started its commercial operation in 2012 and manufacturers of Flat Rolled Steel – Cold Rolled and Hot Dipped Galvanized coils located in Port Qasim, Karachi, Cold Rolling and Hot dipped Galvanized Rolling Complex with name plate capacity of 700,000 metric tons.

The total number of shares the company has issued are 765,529,303. Earning Per Share has decreased in 2020 and is (0.89) compared to 0.26 in 2019. The Profit After Taxation has decreased in 2020 and is (616,573,000) which was 253,698,000 in 2019.

Final Cash Dividend of Popular Islamic Modaraba

Karachi, Popular Islamic Modaraba informed Pakistan Stock Exchange that the final cash dividend @ Rs. 0.4034 per share, i.e. 4.034% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 04, 2021.

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.

Transmission of Annual Report for the Year Ended June 30, 2021 of Azgard Nine Limited

Karachi, Azgard Nine 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.

The Company was incorporated in Pakistan on January 20, 1993, like a public limited company under the name ‘Indigo Denim Mills Limited’ and obtained a Certificate for Commencement of Business on January 27, 1994. The name was changed to ‘Legler-Nafees Denim Mills Limited’ on 28-02-1994 and subsequently to the present name i.e. ‘Azgard Nine Limited’ on April 07, 2004.

The Principal activities of the Company is composite Spinning, weaving dyeing and stitching unit engaged in the manufacturing of yarn, denim and denim products.

The company is listed on Pakistan Stock Exchange, and also the shares of it are quoted using “ANL” as symbol.

The total number of shares the company has issued are 485,409,731. Earning Per Share has decreased in 2020 and is (0.84) compared to 0.67 in 2019. The Profit After Taxation in 2020 has also decreased and is (389,449,000) which was 305,312,000 in 2019.

Annual general meeting of Arpak International Investment Limited to be held on October 26, 2021

Karachi, Arpak International Investment 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 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.

Arpak International Investments Limited was incorporated in Pakistan on 26 July, 1977 as a Public Listed Company. The company is principally engaged in investment business of various forms.

The total number of shares are 4,000,000. The Earnings per share is 47.60 in 2020 which was (20.42) in 2019. The Profit after Taxation is 190,403,000 in 2020 which was (81,695,000) in 2019.

Final Cash Dividend of First Paramount Modaraba

Karachi, First Paramount Modaraba informed Pakistan Stock Exchange that the final cash dividend @ Rs. 0.45 per share, i.e. 4.5% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 04, 2021.

First Paramount Modaraba, is a Non-Banking Islamic Financial Institute managed by Paramount Investments Limited. It was incorporated in the Province of Sindh on 15th February 1992. It was registered as a Modaraba Management Company with the Registrar of Modaraba companies and Modaraba Islamabad on 15th October, 1992.

First Paramount Modaraba is a multipurpose, perpetual and multidimensional Modaraba floated. Modaraba’s principal activities include deployment of funds on murabaha, modaraba and musharaka arrangements.

The total number of shares are 13,788,418. The Earning per share is 0.47 in 2020 which was 0.88 in 2019. The Earnings per share is 6,497,000 in 2020 which was 12,085,000 in 2019.

Transmission of Quarterly Report for the Period Ended September 30, 2021 of First Punjab Modaraba

Karachi, First Punjab Modaraba informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended September 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

FPM was established on July 14, 1992 under Modaraba Companies and Modaraba (Floatation and Control). The Modaraba is a perpetual and multi-dimensional Modaraba and is primarily engaged in the business of Musharikah Financing, Ijarah Financing and other related business in accordance with the injunctions of Islam.

The total number of shares are 34,020,000. The Earnings per share is (1.63) in 2020 which was 0.18 in 2019. The Profit after Taxation of the Company is (55,311,000) in 2020 which was 6,225,000 in 2019.

Transaction of 73 shares of Mari Petroleum Company Limited

Karachi, Mari Petroleum Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 6 shares @ Rs. 1685.34 per share were sold in the market on November 03, 2021, 20 shares @ Rs. 1690.00 per share were sold in the market on November 03, 2021, 8 shares @ Rs. 1714.08 per share were bought from the market on November 04, 2021, 19 shares @ Rs. 1674.26 per share were sold in the market on November 04, 2021 and 20 shares @ Rs. 1695.55 per share were sold in the market on November 04, 2021 through CDC.

Mari Petroleum Company Limited is a public limited company incorporated in Pakistan on December 4, 1984. The Company is principally engaged in exploration, production and sale of hydrocarbons. The total numbers of shares are 133,402,500. The Earnings per share is 227.23 in 2020 which was 182.36 in 2019. The Profit after Taxation is 30,312,873,000 in 2020 which was 24,327,088,000 in 2019.