Resolution passed by the shareholders of Kohinoor Spinning Mills Limited

Karachi, Kohinoor Spinning Mills Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the company in the Extraordinary General Meeting of the company held on April 11, 2022 at Lahore.

Resolved that the minutes of Annual General Meeting of the company held on October 28, 2021 be and hereby confirmed and approved.

Kohinoor Spinning Mills Limited was incorporated on 23rd July, 1970 as a public limited company in Pakistan. The company is engaged in the business of textile spinning.

The total numbers of shares are 215,714,285. The Earnings per shares are (1.14) in 2020 which was (1.57) in 2019. The Company had a loss of Rs. 245,042,000 in 2020 which was 339,403,000 in 2019.

Appointment of Alternate Director of Cnergyico Pk Limited

Karachi, Cnergyico Pk Limited informed Pakistan Stock Exchange that Mr. Aumar Abbassciy has been appointed as an alternate Director of the company with effect from March 08, 2022 in place of Mrs. Uzma Abbasi.

Cnergyico Pk Limited was incorporated in Pakistan as a public limited company on 09 January 1995 under the repealed Companies Ordinance, 1984. The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business. Petroleum Marketing Business was formally launched in 2007.

Progress Report of First Capital Equities Limited

Karachi, First Capital Equities Limited informed Pakistan Stock Exchange that company will implement its revised business plan in real estate sector, as soon as settlement is done with financial institutions.

First Capital Equities Limited (the “Company”) was incorporated in Pakistan on January 26, 1995 as a private limited company, under the Companies Ordinance, 1984. The Company was converted into a public limited company on June 18, 1997 and is listed on Lahore Stock Exchange (Guarantee) Limited. The Company is a subsidiary of First Capital Securities Limited.

The symbol “FCEL” is being used by the stock exchange for the shares of First Capital Equities Limited.

Transmission of Quarterly Report for the Period Ended September 30, 2021 of Nazir Cotton Mills Limited

Karachi, Nazir Cotton Mills 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.

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.

Reappointment of President and Chief Executive Officer of JS Bank Limited

Karachi, JS Bank Limited informed Pakistan Stock Exchange that Mr. Basir Shamsie has been reappointed as President and Chief Executive Officer of the Bank for the remainder term of his employment contract.

JS Bank Limited is a banking company incorporated in Pakistan as a public limited company on March 15, 2006. JS Bank Limited is a scheduled bank engaged in commercial banking and related services. The Bank is a subsidiary of Jahangir Siddiqui & Co. Limited.

The Company is listed on Pakistan Stock Exchange Limited. The total number of Shares of the Company are 1,297,464,262. Their Earnings per shares is 0.89 in 2020 which was 0.00 in 2019. Their Profit after Taxation is 1,150,060,000 in 2020 which was 24,653,000 in 2019.

Transaction of 59,000 shares of Synthetic Products Enterprises Limited

Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange about transaction of shares of the company. 59,000 shares @ Rs. 17.18 per share were sold in the market on April 11, 2022 through CDC.

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 Kotlakhpat 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.

Appointment of Chairman and Chief Executive Officer of Pakistan Synthetics Limited

Karachi, Pakistan Synthetics Limited informed Pakistan Stock Exchange that Mr. Khurshid Akhtar has been appointed as the Chairman of the Board of Directors for another term of three years.

Further, the Board has re-appointed Mr. Yaqoob Haji Karim as Chief Executive Officer of the company for a period of three years.

Pakistan Synthetic Limited was incorporated on 18 November 1984 as a private limited company in Pakistan and subsequently converted into a public limited company on 30 December 1987. The principal activity of the company is manufacturing and sale of plastic caps and crown caps, PET Perform, PET Resin and BOPET Resin.

The total numbers of shares are 84,060,000. The Earnings per share is (1.39) in 2020 which was (2.18) in 2019. The Company had a loss of Rs. 99,043,000 in 2020 which was 123,901,000 in 2019.

Resolution passed by the shareholders of Systems Limited

Karachi, Systems Limited informed Pakistan Stock Exchange that the resolution passed by the shareholders in their Annual General Meeting held on April 11, 2022 through video link.

Resolved that the minutes of the Extraordinary General Meeting held on December 23, 2021 be and hereby approved.

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.

Transmission of Annual Report for the Year Ended December 31, 2021 of Fatima Fertilizer Company Limited

Karachi, Fatima Fertilizer Company Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Fatima Fertilizer Company Limited was incorporated in Pakistan on December 24, 2003. The company operates as a joint venture between two major groups in Pakistan namely Fatima Group and Arif Habib Group. The principal activity of the Company is manufacturing, producing, buying, selling, importing and exporting fertilizers and chemicals.

The fertilizer production complex produces Ammonia and Nitric Acid, which are intermediate products and Urea, Calcium Ammonium Nitrate, Nitro Phosphate and nitrogen Phosphorous Potassium which are final products. Foundation of the complex was laid on April 26, 2006 and the construction process commenced in 2007 and is housed on 950 acres of land.

The production capacity of the complex is 500,000 metric tons of Urea per annum, 420,000 metric tons of Calcium Ammonium Nitrate per annum, 360,000 metric tons of Nitro Phosphate per annum, 420,000 metric tons of NPK per annum.

The Shares of the Company are 2,100,000,000. The Earnings per Shares of the Company is 6.32 in 2020 which was 5.75 in 2019. Their Profit after Taxation is 13,274,691,000 in 2020 which was 12,069,682, 000 in 2019.

Transmission of Quarterly Report for the Period Ended December 31, 2021 of Nazir Cotton Mills Limited

Karachi, Nazir Cotton Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

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.

Transaction of 31,500 shares of Service Global Footwear Limited

Karachi, Service Global Footwear Limited informed Pakistan Stock Exchange about transaction of shares of the company. 16,500 shares @ Rs. 49.50 per share were bought from the market on April 11, 2022 and 15,000 shares @ Rs. 50.00 per share were bought from the market on April 11, 2022 through CDC.

Service Global Footwear Limited was incorporated as a public limited Company on 19 July 2019. The principal activities of the Company are manufacturing, sale, marketing, import and export of footwear, leather and allied products. The Company is the wholly owned subsidiary of Service Industries Limited.

The total numbers of shares are 204,437,500. The Earnings per share is 8.25 in 2020. The Profit after taxation is 708,795,000 in 2020.

Transaction of 13,300 shares of Kohinoor Energy Limited

Karachi, Kohinoor Energy Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 39.46 per share were sold in the market on April 08, 2022, 7,000 shares @ Rs. 39.45 per share were sold in the market on April 08, 2022, 8,500 shares @ Rs. 39.85 per share were sold in the market on April 11, 2022, 1,000 shares @ Rs. 39.89 per share were sold in the market on April 11, 2022, 500 shares @ Rs. 39.90 per share were sold in the market on April 11, 2022, 500 shares @ Rs. 40.05 per share were sold in the market on April 11, 2022, 116 shares @ Rs. 42.25 per share were sold in the market on April 11, 2022, 10 shares @ Rs. 42.53 per share were sold in the market on April 11, 2022 and 174 shares @ Rs. 39.85 per share were sold in the market on April 11, 2022 through CDC.

Kohinoor Energy Limited was incorporated in Pakistan on April 26, 1994 as a public limited company. The principal activities of the Company are to own, operate and maintain a power plant in Lahore and to sell the electricity produced therefrom to a sole customer, the Pakistan Water and Power Development Authority (WAPDA) under a Power Purchase Agreement (PPA).

KEL was jointly established by Saigols Group of Companies (a well-known multi-industrial group of Pakistan) and Toyota Tsusho Corporation (an eminent consortium of multi-industrial undertakings of Japan).

KEL is situated at 35-KM Link Manga Raiwind Road Lahore. It is one of the pioneer projects of Independent Power Producers in Pakistan. The principle activities of the Company is to own, operate and maintain a furnace oil power station with the net capacity of 124 MW (gross capacity 131.44 MW). WAPDA is the sole customer of KEL.

The total number of shares company has introduced are 169,458,614. The Earning per shares of the Company is 6.12 in 2020 which was 3.25 in 2019. Their Profit after tax was 1,036,658,000 in 2020 which was 551,477,000 in 2019.