Pakistan military dismisses Khan’s theory U.S. conspired to oust him as PM

Published by
Reuters

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s powerful military on Thursday dismissed ousted Prime Minister Imran Khan’s accusation that the United States had conspired to topple him in a parliamentary vote of confidence. Khan, 69, who led the nuclear-armed South Asian country of 220 million people for 3-1/2 years, accused Washington of backing his ouster because he had visited Moscow against U.S. advice. Washington denies the charge. Khan met with Russian President Vladimir Putin on Feb. 24, the day Russian forces invaded neighbouring Ukraine. Khan initially blocked the no-confidence move,… Continue reading “Pakistan military dismisses Khan’s theory U.S. conspired to oust him as PM”

Bombardier’s Newly Launched Challenger 3500 Jet Wins Top International Award for Excellence in Product Design

Bombardier Wins 2022 Red Dot Award

Bombardier’s Challenger 3500 aircraft has been honoured with the distinction “Red Dot: Best of the Best” in the Red Dot Award: Product Design 2022.

  • Bombardier’s Challenger 3500 business jet earns “Best of the Best” honor from the 2022 Red Dot Award: Product Design
  • New aircraft offers innovative technology features from cockpit to cabin that further define the Challenger’s leadership status
  • The Challenger 3500 aircraft is already setting the standard as the industry’s leading super mid-size business jet

MONTRÉAL, April 14, 2022 (GLOBE NEWSWIRE) — Bombardier is pleased to announce that its newest business jet, the Challenger 3500 aircraft, has been honoured with the distinction “Red Dot: Best of the Best” in the Red Dot Award: Product Design 2022. The prestigious Red Dot Award is one of the most sought-after international recognitions for design and innovation excellence.

The Red Dot: Best of the Best is awarded for ground-breaking design and is the highest award in the competition, reserved for the best products in a given category. The award is a testament to Bombardier’s successful Challenger platform and is representative of the company’s innovative spirit and approach to continuous improvement. The Challenger 3500 business jet was recognized as Red Dot: Best of the Best in the Trains and Planes category.

“Bombardier’s design teams are true masters of their craft and I am proud that their work on the Challenger 3500 jet was recognized by the Red Dot jury for belonging to the best in its category,” said Éric Martel, President and Chief Executive Officer, Bombardier. “The Challenger aircraft platform has always delivered impressive performance, consistent reliability and a smooth ride, and I’m thrilled that the new interior design and technological features elevating the aircraft’s cabin experience have been acknowledged by this prestigious award.”

Bombardier conceived the next-generation Challenger 3500 business jet through a sustainable lens, introducing a redesigned interior with intelligent and sustainably minded cabin features crafted to combine comfort with function. Further elevating the passenger experience, Bombardier’s exclusive and patented Nuage seat is included in the aircraft’s standard configuration – the first time a seat of this calibre is available in the super mid-size segment.

“Our jury was especially impressed by the products that won a Red Dot: Best of the Best. This distinction is synonymous with ground-breaking design par excellence. Only a very small percentage of competition winners were awarded this special title because a product needs to have a certain something in order to win this top award. This distinction is proof that Bombardier created a brilliant design!” said Professor Dr. Peter Zec, founder and CEO of the Red Dot Award.

In addition to its sustainability signature, the Challenger 3500 aircraft also introduces new and innovative technological features, such as the industry’s first voice-controlled cabin to manage lighting, temperature and entertainment systems, wireless chargers throughout the cabin and the only 24-inch and only 4K display in its class.

The Red Dot Award is one of the most prestigious design awards worldwide and honours innovation, concepts, and visions. This year’s winners will be celebrated during an award ceremony on June 20 in Essen, Germany and featured in the Red Dot Design Yearbook.

About Bombardier
Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. Bombardier aircraft are also trusted around the world in special-mission roles.

Headquartered in Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and an Australian facility opening in 2022.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier

Bombardier and Challenger 3500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information
Anna Cristofaro
Bombardier
+1 514-855-8678
anna.cristofaro@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/15eff45e-05ef-48e1-8999-999e1190bd7c

TECNO Phantom X and CAMON 19 Pro Clinch Prestigious iF DESIGN AWARD 2022

HONG KONG SAR – Media OutReach – 14 April 2022 – Recently, the winners of the world-renowned iF Design Award have been announced. TECNO won the iF DESIGN AWARD 2022 in the Product and the Telecommunication categories for the outstanding product design of its Phantom X and CAMON 19 Pro. This marks TECNO’s debut award in the international design competition, reaffirming the brand’s commitment to technological innovation and continual breakthroughs.T1

As one of the most influential industrial design awards in the world, iF DESIGN AWARD is known as the “Oscar of product design” for its “independent, rigorous and reliable” screening standards and its impact. It serves as a benchmark for global industrial design and development trends. Therefore, winning the iF DESIGN AWARD means being recognized by international authorities in industrial design.  This year, a record number of close to 11,000 entries from 57 countries was submitted at iF DESIGN AWARD. Albeit the tough competition, Phantom X and CAMON 19 Pro outperformed other entries, winning over the 132-member jury of independent design experts worldwide, the largest jury ever assembled.

Phantom X is TECNO’s all-round flagship imaging series. It uses a 6.7-inch 70° curved-edged display screen with a patterned glass back. The exquisite craftsmanship allows PHANTOM X to present a unique texture and elegant taste in the interlaced light and shadow. In addition, the definition of the side arc angle of the mobile phone is 36.5°, offering the most ergonomically comfortable grip.T2

CAMON 19 Pro is a high-performance, high-value smartphone designed for young fashionistas. It will be launched in June with TECNO’s latest generation of the CAMON 19 series. This series adopts an ultra-narrow frame design and an ingenious dual-ring triple-camera layout. The jury of the iF DESIGN AWARD remarked, “It adopts a borderless design to create a fresh borderless ultra-narrow screen experience for users. The powerful camera with a double ring and three cameras perfectly balances the camera and back panel aesthetic design to create the ultimate overall feeling. The metal double ring is perfectly integrated with the strong and professional triple camera using anodizing process, bringing a sense of professional performance with the double ring and triple camera.”

“We are extremely honored to be awarded this prestigious international award for our Phantom X and CAMON 19 Pro. Our dream has always been to revolutionize the landscape of smartphone photography for our users around the world, closing the gap between the professional camera and smartphone photography, while constantly pushing the evolution of design language to bring users up-to-date exterior ID design. In the future, we will remain committed to driving further changes in mobile imaging and the design language evolution.” Stephan Ha, TECNO General Manager said.

#TECNO

Imagine Aviator Maximizes Revenue Potential and Viewing Quality Across Linear and VOD Services

Plan, make and monetize sophisticated content on all screens from a single cloud platform

Denver, April 14, 2022 (GLOBE NEWSWIRE) — As media companies are challenged to meet growing demand for content on any screen and deliver profitability, Imagine Communications today announces the introduction of Imagine Aviator™, the first truly cloud-native platform that enables broadcasters, MVPDs and digital-first providers to plan, make and monetize premium-quality linear and OTT content from a single, unified platform. The ground-breaking platform ― designed to enable media companies to extract the maximum revenue potential from their assets ― will make its debut at the 2022 NAB Show (24–27 April, Las Vegas Convention Center, booth C2122).

Aviator raises the bar for monetization of content across all screens, enabling media companies to optimize ad delivery, significantly improve the revenue of otherwise under-monetized OTT content and generate greater profitability from their media assets. Architected for an ever-evolving future, Aviator offers flexible subscription and SaaS purchase options that suit new business models and an agile, cloud-based design that allows media companies to continue to deliver and monetize content no matter how consumer viewing habits change.

“We understand the challenges and complexities that premium brands have in today’s fluid media landscape,” says Rob Malcolm, chief product officer at Imagine Communications. “With Aviator, we are bringing together our experience and intellectual property in a unique, cloud-native platform that maximizes monetization of content across broadcast and OTT platforms today ― and readies media companies to adapt and thrive no matter what the future holds.”

Aviator combines the critical capabilities of scheduling, rights management, channel origination, live events, VOD, ad sales, ad placement, ad serving, campaign management, and more into a single cloud platform. It creates a converged solution that delivers linear programming and video-on-demand content with ads and triggers for local and dynamic ad insertion, making it easier for media companies to successfully monetize broadcast, OTT, FAST, pop-up and VOD content. Providing fully automated operation of thematic channels, the new platform also guarantees high audio and video quality on all outlets and supports the demands of premium services.

Running in the public cloud, Aviator requires only a web browser and internet connection to securely access and operate all aspects of the platform, placing control at the operators’ fingertips wherever they are based ― at the office, a remote location or when working from home. It can run either in a media company’s own cloud account, or in Imagine’s SaaS environment, where it is monitored, managed and maintained by Imagine, allowing customers to reap the benefits of operational efficiency, while maintaining control of all creative aspects of their content.

At launch, Aviator will include all the capabilities required to solve the complex needs of delivering premium-quality, sophisticated linear channels with unified origination — originating broadcast and OTT linear streams from a single playlist supporting ad insertion. Its ability to integrate content acquisition from live streams, file sources such as video clips, audio and captions makes Aviator the perfect tool for delivering live sports, news, and scheduled and unscheduled live events workflows.

“We will continue to add functionality on an aggressive roadmap schedule,” Malcolm adds. “Later this year, we will expand the Aviator platform’s monetization capabilities to allow media companies to sell their own ad inventory rather than limiting them to only plugging in a demand-side platform to fill available inventory. This will enable media companies to maximize their yield, which in turn allows them to afford more premium content rights.”

At the heart of Aviator is Imagine’s “audience-first” ad placement engine, which will allow media companies to sell inventory by audience, by context, or by spot ― regardless of the platform or delivery mechanism. New functionality will enable media companies to maximize revenue by targeting commercials to audiences accurately; delivering CPM/CPI-style metrics across all platforms, including broadcast; and monetizing scenarios that are difficult to plan in advance, such as extra time in sporting events and breaking news programming.

Malcolm continues, “As consumers find more ways to watch, the efficiencies of cloud play an important role, making it easier for media companies to address broadening advertising opportunities and create highly impactful and dynamic channels with genuine appeal to viewers. Some aspects of the TV landscape remain uncertain, but making content available on all screens in a way that allows our customers to achieve their full revenue potential requires convergence of content planning, origination and monetization. And that is exactly what Aviator makes possible.”

For more information about Imagine Communications’ products and solutions, please visit https://www.imaginecommunications.com

About Imagine Communications

Imagine Communications empowers the media and entertainment industry through transformative innovation. Broadcasters, networks, video service providers and enterprises around the world rely on our optimized, futureproof, multiscreen video and revenue enablement solutions every day to support their mission-critical operations. Today, nearly half of the world’s video channels traverse our products, and our software solutions drive close to a third of global ad revenue. Through continuous innovation, we are delivering the most advanced IP, cloud-enabled, software-defined network and workflow solutions in the industry. Visit https://www.imaginecommunications.com for more information, and follow us on Twitter @imagine_comms.

Attachments

Meriam Khan
PR Agency for Imagine Communications
+44 (0)7768 022162
meriam@mkm-marcomms.com

ONE swiss bank opens office in Dubai

14 April 2022

ONE swiss bank expands its activities in the GCC and
makes the opening of its office in Dubai official

ONE swiss bank SA (ONE) is pleased to announce that the acquisition of Falcon Private Wealth Ltd (FPW) has been successfully executed on 29 November 2021. FPW is now a subsidiary of ONE and has been renamed ONE swiss private wealth Ltd* (OSPW). ONE has chosen to communicate now after having taken the time to set up the appropriate structure.

OSPW has been committed to serving its clients in the Middle East and abroad since 2009. Thanks to its boutique size and the agile mindset of its multidisciplinary and multicultural teams, it is able to provide unique and transparent portfolio management and advisory services to high-net-worth individuals and their families, family offices and institutional clients.

Coming together with ONE enables us to confidently look to the future. We will continue to serve our clients with the same dedication and professionalism, and to offer them the very best services, including access to ONE’s proprietary quantitative management and portfolio insurance services provided since 1993 to top-ranking institutional investors, comments Zafar Khan, CEO of ONE swiss private wealth Ltd.

Headquartered in Geneva, Switzerland, and listed on the Swiss stock exchange SIX, ONE is the result of a series of successful mergers. The Bank is a blend of private banking tradition and entrepreneurial spirit in a people-focused structure offering asset management and wealth management services to private and institutional clients. With offices in Geneva, Lugano, Zurich and now Dubai, the Bank manages around CHF 5 billion in assets.

ONE’s commitment to the region echoes the bank’s strategy to expand its international presence and access fast-growing markets. It also reflects its confidence in the region’s economic growth and stability, and in the future of the UAE as a regional and international centre of economic prosperity and business opportunities as Grégoire Pennone, ONE swiss bank’s CEO explains: “This local presence brings us closer to our clients in terms of geographical and cultural proximity and help us to provide them with bespoke investment solutions. We are one of the few Swiss private banks that offer in-depth knowhow in the regional fixed income and equity market and provide direct access to the UAE stock market and new public offerings in the region with Lombard lending facilities.”

Yann Mrazek, Chairman of the Board of Directors of OSPW & Managing Partner at M/HQ adds: “We see a clear similarity in the values that define the Swiss and Dubai financial industries: excellence, stability, discretion and professionalism, to name but a few. Driven by the same values and the desire to achieve a harmonious balance between tradition and innovation, ONE works tirelessly to offer a new experience in private banking.

* ONE swiss private wealth is an international wealth and asset management firm based in the Dubai International Financial Centre (DIFC) operating under a 3c licence and regulated by the Dubai Financial Services Authority (DFSA).

Media library
ONE swiss bank logo
ONE swiss private wealth logo
Picture of Zafar Khan, CEO, ONE swiss private wealth

For further information, please contact:

Julien Delécraz
Head of Marketing & Communication
jde@oneswiss.com
+41 58 300 78 13

ONE swiss bank SA (SIX Swiss Exchange: ONE)
Listed on the Swiss stock exchange SIX, ONE swiss bank is the result of a series of successful mergers of separate entities that have come together to offer a unique and modern private banking experience. The bank is a blend of private banking tradition and entrepreneurial spirit in a people-focused structure offering asset management and wealth management services to private and institutional clients. ONE has offices in Geneva, Lugano, Zurich and a subsidiary in Dubai. It manages around CHF 5 billion in assets.
oneswissbank.com

Ryan Kavanaugh’s Proxima Studios Announces Start of Production of Skill House Starring Bryce Hall, Directed and Written by Josh Stolberg – Writer of Jigsaw and Spiral – of the Saw Franchise

Ryan Kavanaugh

Ryan Kavanaugh

First-of-its-kind film to be “listed” on the entertainment stock exchange allowing fans to participate and invest in the film via ESX.io

LOS ANGELES, April 13, 2022 (GLOBE NEWSWIRE) — Based on an original idea by EGOT Megaproducer (Emmy, Grammy, Oscar, and Tony) Nominee Ryan Kavanaugh, Skill House is the first of a franchise and is slated to start principal production in June 2022 with an expected early 2023 release date. It is financed and controlled by Proxima Studios and written and directed by horror film legend Josh Stolberg, co-writer of horror films such as Spiral: From the Book of Saw (starring Chris Rock and Samuel L. Jackson), Jigsaw, Piranha 3D, Sorority Row, as well as the next Saw film (tentatively titled Saw X) and starring social media phenomenon Bryce Hall, who is one of the world’s most-followed Social Media Stars with over 50 Million Followers across his social media channels.

Skill House will be the first film to be “listed” on the entertainment stock exchange (“ESX“), a first-of-its-kind platform allowing users to invest in the film and trade in or out of the film and its upside.

Starring social media personality Bryce Hall, Skill House takes a stab at social media influencers and will be an unflinching take on fame and what new celebrities are willing to do to attain it. It will be shot in the Sway House, a mansion in Bel Air, made famous by many of Tik Tok’s biggest stars. It will skewer the landscape of young celebrities who will do anything for a “click.”

“I’ve worked with some of Hollywood’s biggest stars, including Chris Rock and Sam Jackson, Carrie Fisher and Dwayne Johnson… but my kids are more excited about this project than any other I’ve worked on,” said Stolberg. “Working with Bryce Hall and Ryan Kavanaugh, this is sure to be a first of a new horror genre. These social media personalities are the new Hollywood, and they are reinventing what it means to be a star. When a young kid from Maryland, like Bryce, with nothing but a cell phone and a ring light, can attract tens of millions of followers on Tik Tok and Instagram, it evens the playing field for everyone. But there’s a dark side to this new entertainment landscape, and I’m excited to flip that rock over.”

Bryce Hall

Bryce Hall

“The film will be a “hard R” horror film and will have a gritty approach to what it takes to succeed in a business that relies on fans “liking you.” Stolberg added, “there’s nothing I love more than writing a watercooler kill scene… and we’re already over budget with the amount of blood we’re going to use. While this concept could play for parody, I’ll be taking a more serious approach and leaning into scares and horror over humor. I’m not pulling punches. I’ve been given the green light to go for it. And I can’t wait!”

Kavanaugh, the 24th highest-grossing producer of all time, has produced and or financed over 200 films such as Fast and Furious 3,4,5,6, Social Network, 300, Mamma Mia!, Limitless, Fighter, Zombieland, and many more. Kavanaugh also previously owned Rogue Pictures, which launched over 60 horror movies, including Strangers, The Unborn, and My Soul to Take.

“This film intends to break the boundary between the short-form social media phenomenon and long-form content,” said Kavanaugh. “Bryce is one of the most recognized and polarizing influencers with over 50 million followers and will certainly be a crossover star. The film digs deep into the human psyche and the new generation’s thirst for stardom, asking how far they would go? It will be bloody, it will be dark, and it will certainly be talked about.”

Daniel Herther, who oversees production and creative development at Proxima, will serve as executive producer. Before joining Proxima, Herther produced the Nic Cage thriller Inconceivable and held executive roles at Relativity Media and WB’s Hollywood Gang (300).

This will be the first time fans can actually invest into a feature film and participate in the upside of the film via ESX.

Bryce Hall is repped by Brad Baskin of Panther Management and Ryan Kavanaugh and Proxima are repped by Neil Sacker.

About Proxima and Ryan Kavanaugh

Founder of Proxima Media, co-founder of Triller, Ryan Kavanaugh is one of the most accomplished, prolific, and honored executives in entertainment industry history. Using an intelligent financial model of film finance, he was dubbed the creator of “Moneyball for movies.” He produced, distributed, and/or structured financing for more than 200 films, generating more than $20 billion in worldwide box office revenue and earning 60 Oscar nominations. He is the 25th highest-grossing film producer of all time. His productions include Fast and Furious 3-6, 300, Social Network, Limitless, Fighter, Talladega Nights, Step Brothers, and Mamma Mia! Kavanaugh and Proxima pioneered an innovative finance deal for post-bankruptcy Marvel, making the studio and finance structure that led to Marvel Cinematic Universe. He built the SVOD (streaming) category with Netflix, which boosted that company’s market capitalization from $2 to $10 billion. Kavanaugh is the co-founder of Triller, one of the three fastest-growing social media apps. He recently led the acquisition, merger, and re-launch of the social media and music app.

He also created the powerhouse television company, now known as Critical Content, producing hit shows like Catfish on MTV and Limitless on CBS, which he sold for $200M. The company had 40 television series across 19 networks before its sale. Kavanaugh has earned several achievements and awards, from Variety’s Producer of the Year Award to The Hollywood Reporter’s Leadership Award, from Fortune’s 40 Under 40 Most Influential People in Business to Forbes’ Fortune 400, Billion-Dollar Producer by the Daily Variety and the 100 Most Influential People in the World by Vanity Fair.

About Entertainment Stock Exchange (“ESX”)

Entertainment Stock X (ESX), a first-of-its-kind platform allowing users and fans to invest in film and entertainment projects via the Jobs Act, is an innovative platform for financing entertainment. The company fills the need for new and more efficient financing for filmmakers. ESX allows filmmakers to generate a valuable direct marketing relationship with fans and will enable fans to invest in film for the first time. More information is available on ESX.io

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/57bc3ab2-7d4e-4601-a463-9cfb7d99e918

https://www.globenewswire.com/NewsRoom/AttachmentNg/1b498c69-6617-4ef7-af25-e5dda90f3d34

Media Contact

Michelle Vieyra
Jive PR + Digital
202-415-7714
michelle@jiveprdigital.com

Notice of book closure of K-Electric Limited

Karachi, K-Electric Limited informed Pakistan Stock Exchange that the closed period of the company is from April 22, 2022 to April 29, 2022 (both days inclusive).

K-Electric Limited was incorporated as a limited liability company on September 13, 1913. The company is engaged in the business of generation, transmission and distribution of electric energy to industrial and other consumers.

The total number of shares of the Company is 27,615,194,245,000. The Earnings per shares are (0.11) in 2020 which was 0.63 in 2019. The Profit after Taxation is (2,959,211,000) in 2020 which was 17,273,617,000 in 2019.

Appointment of Company Secretary of Reliance Weaving Mills Limited

Karachi, Reliance Weaving Mills Limited informed Pakistan Stock Exchange that Mr. Kamran Ahmad Awan has been appointed as Acting Company Secretary of the company.

Reliance Weaving Mills Ltd was founded by late Mr. Mukhtar Ahmed Sheikh more than two decades ago and is headquartered in Multan (Pakistan). The Company obtained certificate of Commencement of Business on 14 May, 1990. Initially it has started its production as weaving unit but later it also involved in manufacturing of yarn.

At present the Company is having two weaving units consisting of 295 looms with fully equipped state-of-the-art computerized back process comprising of warping and sizing machines and two spinning units comprising 35,520 spindles. Major activities of the Company include manufacturing and export of cotton and synthetic yarn, manufacture and export of woven and processed fabrics.

The total numbers of shares the company has introduced are 30,810,938. The Earnings per share is 1.99 in 2020 which was 16.32 in 2019. The Profit after Taxation is 61,270,000 in 2020 which was 502,805,000 in 2019.

Appointment of Chairman of Unity Foods Limited

Karachi, Unity Foods Limited informed Pakistan Stock Exchange that the election of directors of the company held on April 01, 2022, the board of Directors of the company has elected Mr. Suleiman Sadrauddin Mehdi as the Chairman of the Board of Directors for the term of the Board.

Unity Foods Limited was incorporated in Pakistan in 1991 as a Private Limited Company and subsequently converted into a Public Limited Company on June 16, 1991. The principal business activity of the Company has been changed from yarn manufacturing to edible oil extraction, refining and related businesses.

The total numbers of shares are 994,050,000. The earnings per share is 0.39 in 2020 which was 1.03 in 2019. The profit after Taxation is 209,629,000 in 2020 which was 255,075,000 in 2019.

Appointment of Chief Executive Officer of Unity Foods Limited

Karachi, Unity Foods Limited informed Pakistan Stock Exchange that the election of directors of the company held on April 01, 2022, the board of Directors of the company has re-appointed Mr. Muhammad Farrukh as the Chief Executive Officer of the Company for the term of the Board.

Unity Foods Limited was incorporated in Pakistan in 1991 as a Private Limited Company and subsequently converted into a Public Limited Company on June 16, 1991. The principal business activity of the Company has been changed from yarn manufacturing to edible oil extraction, refining and related businesses.

The total numbers of shares are 994,050,000. The earnings per share is 0.39 in 2020 which was 1.03 in 2019. The profit after Taxation is 209,629,000 in 2020 which was 255,075,000 in 2019.

Extension in period for Annual General Meeting of Al-Ghazi Tractors Limited

Karachi, Al-Ghazi Tractors Limited informed Pakistan Stock Exchange that the company have applied to the Securities & Exchange Commission of Pakistan of Pakistan for extension in time upto May 30, 2022 i.e. for 30 days, for holding their Annual General Meeting for the year ended December 31, 2021.

Al-Ghazi Tractors Limited was incorporated in Pakistan as a Public Limited Company in June 1983 and is quoted on the Pakistan Stock Exchange. Al-Ghazi Tractors Limited is principally engaged in the manufacturing and production of agricultural tractors, implements and spare parts. The company is a subsidiary of Al-Futtaim Industries Company LLC, U.A.E

The Company has the main plant in Dera Ghazi Khan and started the production in February 1984.

The Company has quoted its shares on the Pakistan Stock Exchange, and the symbol “AGTL” is being used for the shares of the Company

The total number of shares the company has issued so far are 57,964,201. Earnings Per Share has increased in 2020 and is 23.28 which was 16.87 in 2019. The Profit After Taxation in 2020 is 1,349,657,000 which was 977,652,000 in 2019.

Transaction of 129,737 shares of Crescent Fibres Limited

Karachi, Crescent Fibres Limited informed Pakistan Stock Exchange about transaction of shares of the company. 25,684 shares @ Rs. 55.10 per share were bought from the market on April 11, 2022 and 104,053 shares @ Rs. 52.37 per share were bought from the market on April 12, 2022 through CDC.

Crescent Fibres Limited was incorporated in Pakistan on August 06, 1977 as a Public Limited Company. Initially they were working on wood related products, but then they started Chemical Division and a Textile Division. The wood related and chemical operations have been discontinued then. The Company is principally engaged in the manufacturing and sale of yarn.

The total number of shares the Company introduced are 12,417,876. The Earnings per shares is 8.76 in 2020 which was 9.12 in 2019. Their Profit after Taxation is 108,769,000 in 2020 which was 113,194,000 in 2019.