Day: November 9, 2021

Karachi, Altern Energy Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 23, 2021 at Lahore.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 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.

Altern Energy Limited was incorporated in Pakistan as a listed public company limited. The Company is subsidiary of Descon Engineering Limited.

The objective of the Company is to generate and supply electric power to the Water and Power Development Authority of Pakistan (WAPDA) from its thermal power plant having a gross capacity of 32 Mega Watts (June 30, 2016 : 32 Mega Watts). The Company also holds direct and indirect investments in other companies engaged in power sector. The registered office of the Company is situated at Descon Headquarters, 18 km, Ferozepur Road, Lahore.

The Shares of the Company are quoted on Pakistan Stock Exchange, and the symbol “ALTN” is being used for the shares of the Company.

The total number of shares the company has issued are 363,380,000. Earning Per Share has increased in 2020 and is 4.65 which was 2.63 in 2019. The Profit After Taxation in 2020 is 1,689,621,000 which was 954,822,000 in 2019.

Karachi, Air Link Communication Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000,000 shares @ Rs. 66.54 per share were bought from the market on November 05, 2021 through CDC.

Air Link Communication (Pvt.) Limited was incorporated in January 02, 2014 and was converted into a public limited company w.e.f. April 24, 2019. The Company imports and distributes mobile phones & accessories in Pakistan.

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

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 21, 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.

The company was incorporated in Pakistan as a private limited company on November 12, 2004. It is principally engaged in the manufacture, procurement and sale of hydrogen peroxide and allied products.

The total numbers of shares are 175,031,084. The Earnings per share is 3.42 in 2020 which was 3.87 in 2019. The Profit after Taxation is 418,423,000 in 2020 which was 394,269,000 in 2019.

Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange that Mr. Almas Hyder has been re-appointed as Chairman and Mr. Zia Hyder Naqvi Officer has been re-appointed as Chief Executive of the Company.

Synthetic Products Enterprises Limited (SPEL) is a part of SPEL Group which provides one stop shopping to customers for plastic products.

With its three plants, one in Kot Lakhpat two in Pandoki, Lahore, it is organized in the product lines of Molds and Dies Manufacturing, Automotive Parts, Food Packaging, Plastic Crates and Off Road Vehicle Parts.

SPEL now has a portfolio of varied products with a large client base. Supplies are made to assemblers and manufacturers of cars, tractors, motor cycles, electronic equipment, road construction equipment etc. We also provide Plastic Packaging for Food, Hair Care, Skin Care and Pharmaceutical products.

The symbol “SPEL” is being used by the stock exchange for the shares of Synthetic Products Enterprises Limited.

Karachi, Gillette Pakistan 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 June 25, 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.

The Company was incorporated as a public limited company on December 09, 1986 and is a subsidiary of Series Acquisition B.V., Netherlands, which is a wholly owned subsidiary of P&G, USA. The parent company holds 91.4% of the issued share capital of the Company while rest of the share capital is held by other individuals and corporate.

The principal activities of the Company include marketing and selling of blades and razors.

Gillette Pakistan Limited Company is listed on Pakistan Stock Exchange Limited. The total number of shares of the Company are 31,872,000. Its Earnings per shares is 11.57 in 2020 which was 8.56 in 2019. Their Profit after Taxation is 222,124,000 in 2020 which was 164,393,000 in 2019.

Karachi, Nazir Cotton Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on November 27, 2021 at Lahore.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 27, 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 November 21, 2021 to November 27, 2021 (both days inclusive).

Nazir Cotton Mills Limited is the yarn manufacturing company of Pakistan. Its in-house, world-class quality control lab has helped achieve the 5% world yarn standard for quality based on international USTER standards. It is listed on Pakistan Stock Exchange.

The symbol “NAZC” is being used by the stock exchanges for the Nazir Cotton Mills Limited.

Karachi, Allawasaya Textile and Finishing Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 28, 2021 at Multan.

The agenda of the meeting will be confirming the minutes of Extraordinary General Meeting held on May 24, 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.

Allawasaya Textile and Finishing Mills Limited was incorporated in Pakistan on December 03, 1958 as a private limited company. It was converted into a public limited company in 1965. It is principally engaged in the manufacturing and sale of yarn.

Initially the Company started business with the processing of Cloth i.e., bleaching, dyeing, mercerizing, printing and finishing in 1958. Moving on and started its first spinning project in 1964 with a capacity of 12,400 Spindles. It produced high quality cotton carded and combed yarn. Presently it is working with full capacity of 38,232 spindles.

The total number of shares of the Company are quoted on Pakistan Stock Exchange as 800,000. The Earning per share is 18.53 in 2020 which was (19.90) in 2019. The Profit after tax is 14,826,000 in 2020 which was (15,920,000) in 2019.

Karachi, United Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,000 shares @ Rs. 137.50 per share were bought from the market on November 08, 2021 through CDC.

United Bank Limited is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. The Bank is a subsidiary of Bestway (Holdings) limited which is a wholly owned subsidiary of Bestway Group Limited.

With a customer base of over 4 million, the Bank boasts Pakistan’s widest network of over 44,000 customer touch points; this includes more than 1,400 branches, above 37,000 Omni Agents and over 1,400 ATMs. UBL has presence in four continents.

The total number of shares of the Company are 1,224,179,688. The Earnings per share I s17.07 in 2020 which was 15.63 in 2019. The Profit after tax is 20,898,783,000 in 2020 which was 19,133,774,000 in 2019.

Karachi, MCB-Arif Habib Savings and Investments Limited informed Pakistan Stock Exchange that the corporate briefing session of the Company will be held on November 17, 2021 through video link, to brief analysts/investors/shareholders about the Company’s financial performance and outlook for the year ended June 30, 2021.

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, Sana Industries Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 1.50 per share, i.e. 15% 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.

Sana Industries was established in 1988 for manufacturing of man-made blended Fibre Yarns and became a member of Karachi Stock Exchange in 1989. Initially it started with the capacity of 12,000 spindles and now its capacity is 30,720 spindles.

In the year 2006 Sana Industries expanded and diversified its business activities by entering into a new line of business i.e. “Ammonia based temperature controlled warehouse”.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 11,000,000. The Earnings per shares of the Company is (3.66) in 2020 which was 7.59 in 2019. The Profit after taxation in 2020 is Rs. (31,456,000) which was Rs. 65,224,000 in 2019.