Day: November 11, 2021

Posted on

Credit of Final Cash Dividend of Wah Noble Chemicals Limited

Karachi, Wah Noble Chemicals Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 10 per share, i.e. 100% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 10, 2021.

Wah Nobel Chemicals Limited was incorporated in Pakistan on May 31, 1983 as a public limited company. The principal activity of the Company is to manufacture Urea Formaldehyde Moldings Compound, Formaldehyde and Formaldehyde based liquid resins for use as bonding agent in the chip board, plywood and flush door manufacturing industries.

Wah Nobel is a joint venture between the Wah Industries Limited, Saab (Sweden) and Almisehal Co (Saudi Arabia). Wah Nobel Group is a multinational group with six companies on its orbit. Wah Nobel operates as a Commercial Subsidiary of POF on commercial frequency and wavelength.

The total number of shares of the Company are 9,000,000. The Earnings per shares are 14.48 in 2020 which was 19.61 in 2019. The Profit after Taxation of the Company is 130,307,000 in 2020 which was 176,492,000 in 2019.

Posted on

Credit of Final Cash Dividend of Nishat Chunian Limited

Karachi, Nishat Chunian Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 5 per share, i.e. 50% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 10, 2021.

Nishat Chunian Limited is a public limited company incorporated in Pakistan. The Company is engaged in the business of spinning, weaving, dyeing, printing, stitching, processing, doubling, sizing, buying, selling and otherwise dealing in yarn, fabric and made-ups made from raw cotton, synthetic fiber and cloth, and to generate, accumulate, distribute, supply and sell electricity.

The Company is equipped with 225,000 spindles located in 8 mills producing 85,000 tons of yarn, 54 million meters of greige fabric in weaving and 36 million meters of finished fabric.

The total number of shares are 240,119,029. The Earnings per share is 1.11 in 2020 which was 13.19 in 2019. The Profit After Taxation of the Company is 265,369,000 in 2020 which was 3,167,592,000 in 2019.

Posted on

Credit of Final Cash Dividend of B.R.R. Guardian Modaraba

Karachi, B.R.R. Guardian Modaraba informed Pakistan Stock Exchange that the final cash dividend @ Rs. 1.32 per share, i.e. 13.2% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 10, 2021.

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.

Posted on

Resolution Passed by the Board of Directors of Fauji Foods Limited

Karachi, Fauji Foods Limited informed Pakistan Stock Exchange that the ordinary issued and fully paid up share capital of the Company be increased from PKR 8,032,935,630 to PKR 15,840,881,590/-, by issuance of further 780,794,596 shares of the Company of PKR 10/- each by way of rights, to be offered to the shareholders of the Company in proportion to the existing number of shares held by each shareholder in accordance with the provisions of Section 83 of the Companies Act, 2017 and all applicable laws, at a price of PKR 10/- (Pak Rupees Ten) per share in the ratio of 97.19916 right shares for every 100 existing ordinary shares of PKR 10/- each held (i.e. 97.19916%), against payment to the Company of the price of the shares subscribed either in cash or by using a loan previously extended to the Company as consideration for the rights issue, which shares shall rank pari passu in all respects with the existing ordinary shares of the Company (the “Rights Issue”).

Fauji Foods Limited was incorporated in Pakistan on 26 September 1966 as a Public Company. The company is the subsidiary of Fauji Fertilizer bin Qasim Limited. It is principally engaged in processing and sale of toned milk, milk powder, fruit juices, allied dairy and food products.

The total numbers of shares are 803,293,563. The Earnings per share is (4.62) in 2020 which was (10.74) in 2019. The Company had a loss of Rs. 3,058,112,000 in 2020 which was 5,788,937,000 in 2019.