Resolution passed by the shareholders of Nestle Pakistan Limited

Karachi, Nestle Pakistan Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the company in the Annual General Meeting of the company held on April 07, 2022 at Karachi.

Resolved that a final cash dividend for the year ended on December 31, 2021 at the rate of 900% i.e. Rs. 90/- per share of Rs. 10/- each in addition to the 1950% Interim Cash Dividend i.e. Rs. 195/- per share.

Nestle Pakistan Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, processing and sale of food products. This includes imported products dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is situated in Lahore.

The company owns brands in the category of ambient dairy, chilled dairy, beverages, bottled water, culinary and food, baby food, breakfast cereals and confectionary.

The symbol “NESTLE” is being used by the stock exchange for the shares of Nestle Pakistan Limited.

Transaction of 1,000 shares of Sitara Chemical Industries Limited

Karachi, Sitara Chemical Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 370.00 per share were sold in the market on April 11, 2022 through CDC.

Sitara Chemical Industries Limited was incorporated in Pakistan on September 08, 1981 as a public limited company. The Company is currently organized into two operating divisions and these divisions are Chemical Division (manufacturing of caustic soda and allied products) and Textile Division (manufacturing of yarn and fabric).

The total numbers of shares are 21,429,524. The Earnings per share is 13.94 in 2020 which was 41.32 in 2019. The Profit after Taxation of the Company is 298,763,000 in 2020 which was 885,458,000 in 2019.

Appointment of Director of Saif Power Limited

Karachi, Saif Power Limited informed Pakistan Stock Exchange that Mr. Rashid Ibrahim has been appointed as Director of the company with effect from April 11, 2022 in place of Mr. Naveed Abid Khan.

Saif Power Limited was incorporated in Pakistan on November 11, 2004 as a public limited company and commenced operations from April 30, 2010. The principal activities of the Company are to own, operate and maintain a combined cycle power plant having nameplate capacity of 225 MW (ISO) and sell the electricity to Central Power Purchasing Agency Guarantee Limited (CPPA-G).

The total number of shares the company has introduced so far are 386,471,779. The Earning per share in 2020 is 6.14 which was 9.44 in 2019. The profit after taxation in 2020 is 2,371,501,000 which was 3,649,947,000 in 2019.

Material Information of Kohinoor Mills Limited

Karachi, Kohinoor Mills Limited informed Pakistan Stock Exchange that the Board of Directors of the Company in their meeting held on April 12, 2022, at Kasur, has been re-appointed Mr. Rashid Ahmed as its Chairman and Mr. Aamir Fayyaz Sheikh as Chief Executive Officer of the Companies Act, 2017 for a term of three years with effect from March 31, 2022.

Kohinoor Mills Limited is a public limited company incorporated on 21 December 1987 in Pakistan. The Company is principally engaged in the business of textile manufacturing covering weaving, bleaching, dyeing, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber and to generate, and supply electricity. The company is involved in three major businesses; Weaving, Dyeing & finishing and Energy.

The total number of shares of the Company is 50,911,011. The Earnings per shares of the Company is 7.17 in 2020 which was 14.31 in 2019. The Profit after Taxation is 365,213,000 in 2020 which was 728,751,000 in 2019.

Transaction of 154,000 shares of Buxly Paints Limited

Karachi, Buxly Paints Limited informed Pakistan Stock Exchange about transaction of shares of the company. 154,000 shares @ Rs. 132.00 per share were sold in the market on March 31, 2022 through CDC.

Buxly Paints Limited was incorporated in 1954 as a private limited company with registered office in Karachi and subsequently converted into public limited company in May 1985. The principal activity of the Company is manufacturing and sale of paints, pigments, protective surface coating, varnishes and other related products under a toll manufacturing agreement with Berger Paints Pakistan Limited, at a specified toll manufacturing fees.

During 2000 the company’s major shareholders decided to dis-invest their shares which were taken over by Slot-Rapid Limited – U.K. Berger Paints Pakistan Limited a leading manufacturing Company owns 19% of Buxly’s share.

The total number of shares the company have introduced are 1,440,000. The Earnings per share is 0.04 in 2020 which was (10.90) in 2019.The Profit after Taxation is 50,000 in 2020 which was (15,695,000).

Credit of Shares – Right Issue of Flying Cement Company Limited

Karachi, Flying Cement Company Limited informed Pakistan Stock Exchange that the shares in respect of Right Issue have been credited into the respective account of the shareholders maintained with central depository company of Pakistan Limited.

Flying Cement Company Limited formerly known as Zaman Cement Company Limited was incorporated in December 1992 as a public limited company.

The factory is located in Mangowal, District Khushab, in the heart of Punjab Province, it comprises of land in excess of 121 acres. The company has a single kiln having an installed capacity of 2000 tons per day of cement using the latest dry process technology and a rated capacity of 600,000 metric tons of cement per annum.

The Company’s main business activity is manufacturing, marketing and sale of cement. The Company is listed Pakistan Stock Exchange Limited and the shares of the company are 376,000,000. The Earnings per shares of the Company is (3.02) in 2020 which was 0.81 in 2019. Their Profit after Taxation is (530,720,000) in 2020 which was 142,362,000 in 2019.

Transaction of 21 shares of Habib Metropolitan Bank Limited

Karachi, Habib Metropolitan Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 21 shares @ Rs. 44.25 per share were sold in the market on March 16, 2022 through CDC.

Habib Metropolitan Bank Limited was incorporated in Pakistan on 3 August 1992, as a public limited company and is engaged in commercial banking and related services. The Bank is a subsidiary of Habib Bank AG Zurich – Switzerland (the holding company with 51% shares in the Bank) which is incorporated in Switzerland.

Habib Metro Bank commenced its commercial-banking operations as Metropolitan Bank in October 1992 when the Bank merged with Habib Bank AG Zurich’s Pakistan operations. The merged entity was named Habib Metropolitan Bank Limited.

Habib Metro Bank currently operates with nationwide network of over 400 branches in more than 138 cities across Pakistan. Habib Metro offers retail, commercial, consumer and corporate banking solutions to its clientele, in addition to its expertise of trade finance. The Bank also of provides highly innovative e-Banking and Shariah-compliant Islamic Banking solutions.

The total numbers of shares of the Company are 1,047,831,480. The Earnings per share of the Company is 11.46 in 2020 which was 6.28 in 2019. Their Profit after Taxation is 12,008,196,000 in 2020 which was 6,583,481,000 in 2019.

Extension in Time for holding Annual General Meeting of Pakistan International Airlines Corporation

Karachi, Pakistan International Airlines Corporation informed Pakistan Stock Exchange that the extension of time for holding the Annual General Meeting of the company for the year ended December 31, 2021.

To receive and adopt the Audited Accounts for the year ended December 31, 2021 together with the Auditors and Directors Reports.

Pakistan International Airlines is one of the oldest airline in Pakistan. The total numbers of shares are 1,500,000 quoted on Pakistan Stock Exchange Limited.

Transaction of 106,756,538 shares of Flying Cement Company Limited

Karachi, Flying Cement Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 21,712,936 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 16,938,072 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 23,450,113 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 444,141 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 18,000,000 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 398 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022, 851 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022 and 26,210,000 shares @ Rs. 10.00 per share were Right in the market on April 11, 2022.

Flying Cement Company Limited formerly known as Zaman Cement Company Limited was incorporated in December 1992 as a public limited company.

The factory is located in Mangowal, District Khushab, in the heart of Punjab Province, it comprises of land in excess of 121 acres. The company has a single kiln having an installed capacity of 2000 tons per day of cement using the latest dry process technology and a rated capacity of 600,000 metric tons of cement per annum.

The Company’s main business activity is manufacturing, marketing and sale of cement. The Company is listed Pakistan Stock Exchange Limited and the shares of the company are 376,000,000. The Earnings per shares of the Company is (3.02) in 2020 which was 0.81 in 2019. Their Profit after Taxation is (530,720,000) in 2020 which was 142,362,000 in 2019.

Credit of Final Cash Dividend of Jubilee Life Insurance Company Limited

Karachi, Jubilee Life Insurance Company Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 11.50 per share, i.e. 115% for the y ear ended December 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the company on April 12, 2022.

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.

Credit of Final Cash Dividend of Cyan Limited

Karachi, Cyan Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 4.00 per share, i.e. 40% for the y ear ended December 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the company on April 12, 2022.

Cyan Limited is a Public Limited Company incorporated in Pakistan on April 23, 1960. The Company is a subsidiary of Dawood Corporation (Private) Limited and engaged in making equity investments in companies with high growth potential.

The total shares of the Company are 61,558,963. The Earnings per shares are 5.80 in 2020 which was 1.59 in 2019. Their Profit after Taxation is 357,282,000 in 2020 which was 97,942,000 in 2019.

Credit of Final Cash Dividend of Standard Chartered Bank Pakistan Limited

Karachi, Standard Chartered Bank Pakistan Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 1.75 per share, i.e. 17.5% for the y ear ended December 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the company on April 12, 2022.

Standard Chartered Bank (Pakistan) Limited was incorporated in Pakistan on 19 July 2006 and was granted approval for commencement of banking business by State Bank of Pakistan, with effect from 30 December 2006. The ultimate holding company of the Bank is Standard Chartered Plc., incorporated in England.

The Banks serves both Retail and Corporate and Institutional Banking customers. Retail Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals. Corporate and Institutional Banking provides clients with services in trade finance, transactional banking, lending, securities services, foreign exchange, debt capital markets and corporate finance. It also offers a complete suite of Islamic banking solutions under its Standard Chartered Saadiq brand.

The Bank is listed on Pakistan Stock Exchange with the total number of shares that are 3,871,585,021. The Earnings per shares of the Company is 3.39 in 2020 which was 4.14 in 2019. The Profit after Taxation is 13,132,982,000 in 2020 which was 16,017,447,000 in 2019.