Day: June 1, 2022

Karachi, TRG Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,900,000 shares @ Rs. 81.71 per share were gift-in on May 27, 2022 through CDC.

TRG Pakistan Limited was incorporated in Pakistan as a public limited company on December 2, 2002. The principal activity of the Company is to act as a holding company. The Parent Company, (through its subsidiary, The Resource Group International Limited) has a portfolio of investments primarily in the Technology, IT Enabled Services and Medicare Insurance sectors.

TRG obtained the certificate of commencement of business on February 27, 2003. The operations of the Company effectively started on April 11, 2003.

The total number of shares of the Company is 545,390,665. The Earning per share is 0.14 in 2020 which was 0.00 in 2019. The Profit after tax is 76,165,000 in 2020 which was 1,855,000 in 2019.

Karachi, Atlas Insurance Limited informed Pakistan Stock Exchange about transaction of shares of the company. 55,016 shares @ Rs. 53.50 per share were gift-in on May 25, 2022 through NDM.

Atlas Insurance Limited was incorporated as a public limited company on September 06, 1934. The Company is a subsidiary of Shirazi Investments Private Limited. The Company was granted license to work as Window Takaful Operator (WTO) by the Securities and Exchange Commission of Pakistan (SECP) under Takaful Rules, 2012 to carry on Window Takaful Operations in Pakistan.

The Company is engaged in general insurance business. The Principal activity of the Company is to provide PTF policy, Fire, Marine, Motor Cycle Accident, Liabilities of Product and Public, Health, Travel and Miscellaneous.

The total shares company has issued are 84,895,279. The Earnings per shares of the Company is 7.60 in 2020 which was 7.34 in 2019. The Company got Profit after Taxation of Rs. 645,427,000 in 2020 which was Rs. 623,256,000 in 2019.

Karachi, Olympia Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000,000 shares @ Rs. 0.00 per share were gift-in on May 31, 2022 and 1,000,000 shares @ Rs. 0.00 per share were gift-out on May 31, 2022 through CDC.

The company was incorporated in Pakistan as a public limited company on October 28, 1960. The principal line of business is renting / leasing of company’s fixed assets. The principal line of business of the company is renting / leasing of company’s fixed assets. The registered office of the company is situated Karachi.

The Company has quoted its shares on Pakistan Stock Exchange Limited that are 12,000,000 in numbers. The Earnings per shares of the Company is 5.93 in 2020 which was 4.33 in 2019. The Profit After Taxation is 71,134,000 in 2020 which was 52,001,000 in 2019.

Karachi, Pak Agro Packaging Limited informed Pakistan Stock Exchange that the address of the registered office/share registrar/share department/fax/telephone/e-mail/website has been changed with effect from May 31, 2022.

Pak Agro Packaging Ltd is engaged in manufacturing of agricultural textile products specifically for use by farmers.

Karachi, Sitara Peroxide Limited informed Pakistan Stock Exchange that Mr. Mahmood Ahmad has resigned from the post of Director of the company with effect from May 30, 2022.

Sitara Peroxide Limited was incorporated in Pakistan on March 08, 2004 as a public limited company. The principal activity of the Company is manufacturing and sale of hydrogen peroxide. The plant equipment’s have been imported from world-renowned manufacturers in the US and EU, and all chemicals are produced using state-of-the-art technologies from AK-KIM.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 55,100,000. The Earnings per shares of the Company is 1.35 in 2020 which was 3.76 in 2019. The Profit after taxation in 2020 is Rs. 74,242,000 which was 207,385,000 in 2019.

Karachi, Oilboy Energy Limited informed Pakistan Stock Exchange that 14,494,728 unpaid rights of the company have been credited into respective accounts in the Central Depository System at end of day of May 31, 2022.

Drekkar Kingsway Limited was registered on June 28, 1993 as Private Limited Company and was subsequently converted into Public Limited Company as on June 29, 1994. The principal activity of the company was manufacturing of all type of electrical appliances, cosmetics, toiletries, leather goods, machinery, components and parts.

In 1996, the company sold its plant and machinery. The company is currently engaged in making equity investments in undervalued profitable situations.

The total numbers of shares are 10,000,000. The (0.68) in 2020 which was (0.07) in 2019. The Company had a loss of Rs. 6,809,000 in 2020 which was 716,000 in 2019.

Karachi, JS Bank Limited informed Pakistan Stock Exchange that the 9th Profit Payment of Rated, OTC Listed, Unsecured and Sub-ordinated Term Finance Certificates Issue of PKR 2,000 million on December 29, 2017 of the Bank is due on June 29, 2022.

The transfer books pertaining to this issue shall remain closed from June 16, 2022 to June 29, 2022 (both days Inclusive).

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.

Karachi, G3 Technologies Limited informed Pakistan Stock Exchange that the resolution have been unanimously passed by the shareholders of the company in their Extra Ordinary General Meeting held on May 31, 2022 at Lahore.

RESOLVED that the consent of the general meeting be and is hereby accorded to the scheme of merger/ amalgamation of G3 Technologies Limited with and into Ghani Chemical Industries Limited (the Company) subject to the sanction of the Honorable Lahore High Court, Lahore
FURTHER RESOLVED that the Scheme of Arrangement for merger/ amalgamation between G3 Technologies Limited and its members and Ghani Chemical Industries Limited and its members considered by this meeting and initialed by the Chairmen of this meeting for the purpose of identification with such medications as may be approved by the shareholders of both the companies and as proposed by the Securities and Exchange Commission of Pakistan and as may be directed by the Honorable Lahore High Court Lahore be and is hereby approved, adopted and agreed.

G3 Technologies Limited is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).

The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.

Karachi, Al-Abbas Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Al-Abbas Sugar Mills Limited was incorporated in May 1991 and was listed in on April 1992 at the Karachi Stock Exchange Limited.

The company has two major units located at Mirwah Gorchani and Dhabeji Thatta. The unit is located at Mirwah Gorchani with installed sugarcane crushing capacity of 8,500 Tons per day and processing capacity of molasses into quality industrial alcohol of 170,000 liters per day. The other unit is located at Dhabeji Thatta and has capacity to manufacture 27,220 M.T of different alloys per annum. The tank terminal unit of the Company is located at Kemari Karachi with storage capacity of 34,900 M.T of liquids.

AL-Abbas Sugar Mills was started the sugar production in 1994 industrial alcohol in 2000, alloys in 2005 and power generation in 2010. Also major chunk of our alcohol production is being exported to Europe, Japan, UAE, Saudi Arabia and Philippine.

As part of Company strategic planning, the Company acquired Al-Abbas Industries Limited in 2007. At that time Al-Abbas Industries Limited have one of the country’s biggest medium density fibre board plant, manufacturing facilities to produce various types of alloys product to meet the whole country demand, and 15 MW captive power plant. Subsequently, the Al-Abbas Industries Limited merged into the Al-Abbas Sugar Mills Limited.

The total number of shares company has issued are 17,362,300, where earning Per Shares (EPS) was 71.67 in 2020 and in 2019 it was 64.05 per share. The Profit After Tax has increased up to 1,244,347,000 in 2020 which was 1,111,978,000 in 2019.

Karachi, Metropolitan Steel Corporation Limited informed Pakistan Stock Exchange that the resolution passed at the Extraordinary General Meeting held on May 31, 2022.

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

Metropolitan Steel Corporation Limited was incorporated on August 24, 1955 as a public limited company. The company is a manufacturer of steel products such as torsteel, ribbed bars, wire rods, bailing hoops, mild and special steel wires, transmission towers and cold profiles.

The shares of the company are quoted on the Pakistan Stock Exchange. The registered office of the company is located in Karachi. The total number of shares are 30,977,500. The Earnings per shares of the Company is (0.54) in 2020 which was (0.60) in 2019. The Company had a loss of Rs. 16,717,000 in 2020 which was 18,624,000 in 2019.