Closure of Tableware Glass producing Furnace of Tariq Glass Industries Limited

Karachi, Tariq Glass Industries Limited informed Pakistan Stock Exchange that one of the furnaces producing tableware glass has outlived its useful campaign life and closed for rebuild/major repair on December 01, 2021.

Tariq Glass Industries Limited was incorporated in Pakistan in 1978 and converted into a Public Limited Company in the year 1980. The Company is principally engaged in the manufacture and sale of glass containers, opal glass, tableware and float glass.

With a production capacity of almost 300 tons per day, Tariq Glass Industries Ltd. produces its tableware products on single and double gob press machines as well as H-28 (press & blow) and stretch machines.

In 2013, Tariq Glass Industries Ltd. launched its latest venture, Tariq Float Glass. An ultra-modern plant having a production capacity of 550 tons per day. This facility is capable of producing clear float glass ranging from 2mm to 13mm as well as 5mm tinted and reflective glass through an online CVD coating machine, along with sandblasted glass and aluminum coated mirrors.

The Company is listed on Pakistan Stock Exchange and the total number of shares are 137,733,750. The Earning per share is 6.91 in 2020 which was 12.01 in 2019. The Profit after tax of the Company is 761,589,000 in 2020 which was 1,323,678,000 in 2019.

Transaction of 4,228,000 shares of Feroze 1888 Mills Limited

Karachi, Feroze 1888 Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,922,500 shares @ Rs. 80.00 per share were brought from the market on November 30, 2021, 1,802,000 shares @ Rs. 80.00 per share were brought from the market on November 30, 2021 and 503,500 shares @ Rs. 80.00 per share were brought from the market on November 30, 2021 through CDC.

Feroze 1888 Mills Limited was incorporated in Pakistan as a public limited company in October 1972. The Company is principally engaged in the production and export of towels.

The shares of the company are quoted on the Pakistan Stock Exchange that are 376,800,968. The Earnings per shares of the Company is 7.80 in 2020 which was 15.90 in 2019. Their Profit after Taxation is 2,937,221,000 in 2020 which was 5,989,810,000 in 2019.

Transaction of 54 shares of Meezan Bank Limited

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 42 shares @ Rs. 149.84 per share were bought from the market on November 19, 2021, 2 shares @ Rs. 152.00 per share were sold in the market on November 19, 2021 and 10 shares @ Rs. 151.00 per share were bought from the market on November 23, 2021 through CDC.

The Bank was granted a ‘Scheduled Islamic Commercial Bank license on January 31, 2000 and formally commenced operations as a Scheduled Islamic Commercial Bank with effect from March 20, 2002. It is engaged in corporate, commercial, consumer, investment and retail banking activities.

The total number of shares are 1,414,722,747. The Earnings per shares of the Company is 15.67 in 2020 which was 10.77 in 20190. The Profit after Taxation of the Company is 22,165,606,000 in 2020 which was 15,232,074,000 in 2019.

Progress Report of Arshad Energy Limited

Karachi, Arshad Energy Limited informed Pakistan Stock Exchange that current furnace prices are not for the plant operations, hence, the plants are still having no production.

Arshad Energy Limited is a public limited company incorporated in Pakistan on 20 February 1994. The Company is engaged in the business of generation and distribution of electricity through furnace fired power station having gross capacity of 12 MW in Tehsil Jaranwala, District Faisalabad, and Punjab, Pakistan.

The total numbers of shares are 8,000,000. The Earnings per share is (3.23) in 2020 which was (1.96) in 2019. The Company had a loss of Rs. 25,859,000 in 2020 which was 15,684,000 in 2019.

Election of Directors of Fauji Cement Company Limited

Karachi, Fauji Cement Company Limited informed Pakistan Stock Exchange that the nine members have been elected as Directors of the Company in the Extraordinary General Meeting held on December 09, 2021 at Rawalpindi.

Plant of Fauji Cement Company Limited (FCCL) is located at Jhang Bahtar, District Attock near Islamabad. The Company is one of the leading producer of a wide range of quality cement including ordinary Portland cement and other special cement in Pakistan.

The Company was incorporated on November 23, 1992, as a public limited company. The Company started its operations in 1997 with the production capacity of 3700 tons per day (TPD), which was enhanced to over 11000 TPD, with addition of second production Line in 2011. The total production capacity is 3.5 million tons of cement.

The Shares of the Company are 1,379,815,025. Earnings per shares of the Company is (0.04) in 2020 which was 2.05 in 2019. The Profit after Taxation was (59,381,000) in 2020 which was 2,824,298,000 in 2019.

Transaction of 1,422 shares of Arif Habib Limited

Karachi, Arif Habib Limited informed Pakistan Stock Exchange about transaction of shares of the company. 711 shares @ Rs. 0.00 per share were donation in the market on October 29, 2021, 500 shares @ Rs. 44.51 per share were donation out the market on November 18, 2021and 211 shares @ Rs. 44.32 per share were donation out the market on November 18, 2021 through CDC.

Arif Habib Limited is a public listed company incorporated in Pakistan. It is a premier brokerage and financial services firm engaged in Equity Trading, Investment Banking, Money Market and Forex, Commodities Trading and Securities Research, and listed at Pakistan Stock Exchange.

Arif Habib Limited’s brokerage operations in Pakistan are assisting scores of Institutional, Corporate, and High Net Worth and Retail clients.

The principal activities of the Company are investments, share brokerage, inter-bank brokerage, Initial Public Offer (IPO) underwriting, advisory and consultancy services. The shares of the Company are quoted in Pakistan Stock Exchange, and the symbol “AHL” is used for the shares of the Company.

The total number of shares the company has issued are 59,400,000 where the Earnings Per Share in 2020 is 1.00 which was (0.95) in 2019. The Profit After Taxation has increased in 2020 and is 59,856,000 which was (62,461,000) in 2019.

Redemption and Profit Payment of Soneri Bank Limited

Karachi, Soneri Bank Limited informed Pakistan Stock Exchange that Board of Directors of the Bank have resolved that the Register of TFC Holders’ will remain closed from 24 December 2021 to 07 January 2022 (both days inclusive) for determination of thirteenth profit, payable semiannually in arrears on the outstanding principal amount. The payments will only be made through digital mode by crediting into the bank accounts of those TFC holders, whose names will appear in the Register on close of business on Thursday, 23 December 2021.

Soneri Bank Limited is a full-service commercial bank established on September 28th, 1991 and also incorporated on September 28, 1991 as a public listed company. The key areas of operation are Branch Banking, Corporate & Investment Banking, Treasury, SME, Financial Institutions and Islamic Banking. Our Soneri Mustaqeem Islamic Banking Division is expanding at a fast-pace with currently 35 dedicated branches and Islamic Banking windows operating all across Pakistan.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 1,102,463,503. The Earnings per shares of the Company is 2.18 in 2020 which was 1.73 in 2019. The Profit after taxation in 2020 is Rs. 2,400,272,000 which was 1,906,024,000 in 2019

Transaction of 37,000 shares of Millat Tractors Limited

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange about transaction of shares of the company. 18,500 shares @ Rs. 893.00 per share were bought from the market on December 02, 2021 and 18,500 shares @ Rs. 893.00 per share were bought from the market on December 02, 2021 through CDC.

Millat Tractors Limited is a public interest company, was incorporated on June 08, 1964. The Company is engaged in assembly and manufacturing of agricultural Tractors, Implements and Multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan.

The total number of shares of the Company are 56,057,751. The Earnings per share of the Company is 43.16 in 2020 which was 73.01 in 2019. The Profit After Taxation is 2,150,548,000 in 2020 which was 3,638,045,000 in 2019.

Annual general meeting of Systems Limited to be held on December 23, 2021

Karachi, Systems Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on December 23, 2021 through video link.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on March 30, 2021.

Systems Limited is a public limited company incorporated in Pakistan. The Company is principally engaged in the business of software development, trading of software and business process outsourcing services.

The total numbers of shares are 137,086,059. The Earnings per share is 17.66 in 2020 which was 11.05 in 2019. The Profit after Taxation is 2,193,915,000 in 2020 which was 1,364,132,000 in 2019.

Corporate Briefing Session of Jubilee Life Insurance Company Limited

Karachi, Jubilee Life Insurance Company Limited informed Pakistan Stock Exchange that the corporate briefing session of the Company will be held on December 09, 2021, to brief the analysts/investors/shareholders about the company’s financial performance and outlook.

Jubilee Life Insurance Company Limited was incorporated in Pakistan on June 29, 1995 as a Public Limited Company. The Company started its business on June 20, 1996 and engaged in life insurance, carrying on non-participating business. In accordance with the requirements of the Insurance Ordinance, 2000, the Company has established a Shareholders’ fund and following statutory funds in respect of each class of its life insurance business. The company is a subsidiary of Aga Khan Fund For Economic Development, S.A, Switzerland.

The total number of shares of the Company is 87,263,748. The Earnings per share of the Company is 33.05 in 2020 which was 25.49 in 2019. Their Profit after Taxation is 2,884,380,000 in 2020 which was 2,224,230,000 in 2019.

6% Right Issue at Price pf PKR 70/- per share of Feroze 1888 Mills Limited

Karachi, Feroze 1888 Mills Limited informed Pakistan Stock Exchange The shareholders holding shares of the Company in physical form should please note that under the CDC Applicable Right Shares procedures, the physical shareholders can renounce his/her Letter of Right (LOR) by depositing into his/her own CDS IAS Account/Sub-Account to a shareholder who is the IAS account holder or sub account holder with CDC Further, physical shareholders can renounce his/her Letter of Rights and Renounce(s) can also get credit of right shares in book-entry form in his/her own CDS investor or sub-account by providing his/her own CDS investor or sub-account details. Shareholders holding shares of the Company in physical form can also get credit of right shares in his/her own CDS investor/sub-account by providing his/her own CDS investor or sub-account details.

Feroze 1888 Mills Limited was incorporated in Pakistan as a public limited company in October 1972. The Company is principally engaged in the production and export of towels.

The shares of the company are quoted on the Pakistan Stock Exchange that are 376,800,968. The Earnings per shares of the Company is 7.80 in 2020 which was 15.90 in 2019. Their Profit after Taxation is 2,937,221,000 in 2020 which was 5,989,810,000 in 2019.

Transmission of Quarterly Report for the Period Ended September 30, 2021 of Dadex Eternit Limited

Karachi, Dadex Eternit Limited 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.

Dadex Eternit Limited is a Pakistan-based company, which manufactures and sells construction materials, including piping systems and other allied products manufactured from chrysotile cement rubber and plastics, and merchandises imported pipe fittings, accessories and other building products.
The Company was incorporated in Pakistan as a Public Limited Company on April 13, 1959.

The Company’s segments include Chrysotile Cement, which relates to the manufacturing and supply of corrugated sheets and pipes, and the manufacturing and supply of rubber rings; Plastic products, which includes polyvinyl chloride (PVC), Polydex and Polyethylene pipes, and Others, which includes merchandising of other imported building products and services.

The total shares of the Company are 10,764,000. The Earnings per shares are (33.59) in 2020 which was (18.16) in 2019. The Company had a loss of 361,519,000 in 2020 which was 195,528,000 in 2019.