November 3, 2022

November 3, 2022November 4, 2022

Credit of Final Cash Dividend of Shezan International Limited

Karachi, Shezan International Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 5 per share i.e. 50% for the year ending June 30, 2022 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 03, 2022.

Shezan International Ltd. is a Public Limited Company incorporated in Pakistan. It is engaged in the manufacturing, trading and sale of juices, pickles, jams, ketchups etc., based upon or derived from fruits and vegetables.

The total number of shares the company has introduced are 8,784,600. The Earnings per share is (26.84) in 2020 which was 12.87 in 2019. The Profit After Taxation is (235,784,000) in 2020 which was 113,074,000 in 2019.

November 3, 2022November 4, 2022

Extraordinary general meeting of Faysal Bank Limited

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on November 25, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of the annual general meeting held on March 29, 2022.

Further, the closed period of the company is from November 19, 2022 to November 25, 2022 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/attachment/197256-1.pdf

The Bank was incorporated in Pakistan on October 03, 1994 as a Public Limited Company. Faysal Bank is engaged in Commercial, Retail, Corporate and Islamic banking activities. Faysal Bank’s footprint now spreads over more than 200 cities.

The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided. The Bank’s branch network of 555 branches includes 414 Islamic branches and 141 conventional branches.

The shares of the Bank are 1,517,696,526. The Earnings per shares of the Company is 4.29 in 2020 which was 3.98 in 2019. The Company had a Profit of Rs. 6,510,505,000 in 2020 which was 6,040,632,000 in 2019.

November 3, 2022November 4, 2022

Resolution passed in annual general meeting of Nimir Industrial Chemicals Limited

Karachi, Nimir Industrial Chemicals Limited informed Pakistan Stock Exchange that the resolution passed in annual general meeting of the company held on October 28, 2022 at Lahore.

Resolved that, the Annual Audited Financial Statements (Separate & Consolidated) of the Company for the year ended June 30, 2022 together with Statement of Compliance of CCG, Directors’ and Auditors’ Report thereon, be and are hereby approved.”

Further Resolved that, lithe full and final cash dividend to final cash dividend of Rs. 1.5 per share (i.e. 15%) in addition to the interim dividend of Rs.1.0 per share, in total Rs.2.50 per share (i.e. 25%) cash dividend for the year ended June 30, 2022, be and are hereby approved.”

Nimir Industrial Chemicals Limited, previously known as Ravi Alkalis Limited and owned by a local business family was incorporated in Pakistan on February 6, 1994. The foundations of the company are laid under the Companies Ordinance, 1984. Nimir Chemicals Company Limited, a Bermuda registered company, took over the management of the company in 1997 and consequently the name of the company was changed to Nimir Industrial Chemicals Limited in March 1998. The commercial operations of the company started from January 1, 2000. The principal activity of the company is manufacturing and sale of industrial chemical products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges. The registered office of the company is located in Faisalabad.

The symbol “NICL” is being used by the stock exchanges for the shares of Nimir Industrial Chemicals Limited.

November 3, 2022November 4, 2022

Credit of Final Cash Dividend of J. K. Spinning Mills Limited

Karachi, J. K. Spinning Mills Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 2.00 per share i.e. 20% for the year ending June 30, 2022 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 02, 2022.

J.K. Group can trace back its history a little more than two decades when the group started its business in fertile and industrial city of Faisalabad formerly known as Lyallpur. With business roots of the sponsor directors penetrated deep more than a century. J.K. Group of Companies initiated in its present shape in 1975 as a cloth exporter and trader.

A diminutive venture which started two decades back as a cloth trading company has emerged as significant business house with their interests in Spinning, Fabric and Agriculture Farms. The group can easily be segregated into four divisions as Yarn, Fabric, Power and Agriculture Farms.

The symbol “JKSM” is being used by the stock exchanges for the shares of J.K. Group.

November 3, 2022November 4, 2022

Transaction of 500,000 shares of Trust Securities and Brokerage Limited

Karachi, Trust Securities and Brokerage Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500,000 shares @ Rs. 10.17per share were sold in the market on November 02, 2022 through CDC.

Trust Securities And Brokerage Limited was incorporated as a Public Limited Company on October 19, 1993. The principal activities of the company include brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate financial services. The company is also engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the exchange.

The total number of shares are 30,000,000. The Earning per share is 1.16 in 2020 which was (0.78) in 2019. The Profit after Taxation of the Company is 34,891,000 in 2020 which was (23,436,000) in 2019.

November 3, 2022November 4, 2022

Corporate Briefing Session of Loads Limited

Karachi, Loads Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company will be held on November 10, 2022 through video link, to brief the investors/analysts about Company Financial Performance and Outlook for the year ended June 30, 2022.

Loads Limited was established on January 1, 1979 as a private limited company with the objective of manufacturing exhaust systems, radiators, and sheet metal components for the automotive industry. The Company was converted to public limited company in January 12, 1994. The company offered its shares to the general public and was listed on Pakistan stock exchange on November 1, 2016.

The Company has four wholly owned subsidiaries, namely, Specialized Auto parts Industries (Private) Limited, Multiple Auto parts Industries (Private) Limited, Specialized Motorcycles (Private) Limited and Hi-tech Alloy Wheels Limited (formerly known as Hi-tech Auto parts (Private) Limited).

The total numbers of shares are 251,250,000. The Earnings per share is (0.91) in 2020 which was 0.27 in 2019 The Profit after Taxation is (137,331,000) in 2020 which was 41,229,000.

November 3, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages BRP Group, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – BRP

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of BRP Group, Inc. (NASDAQ: BRP) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased BRP Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=9278 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On September 13, 2022, market analyst NINGI Research published a report alleging, among other things, that “BRP has doctored its organic growth rate to beat analysts’ estimates” and that “the company misled investors by presenting inorganic revenue as organic revenue through a self-proclaimed separate agreement with an affiliate[.]”

The report also alleges that “in 2020 BRP’s proprietary ‘MGA of the Future’ technology was misappropriated by an employee and handed to a competitor, as alleged by BRP in a lawsuit” and that “the company allegedly did not notice the misappropriation until May 2021 but did not disclose the intellectual property theft to investors to date, despite arguing in a lawsuit that the theft has and will have severe damage to BRP’s revenue and market share[.]”

On this news, BRP Group’s stock fell $2.39 per share, or 7%, to close at $29.98 per share on September 13, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
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cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8687895

November 3, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Core Scientific, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – CORZ

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Core Scientific securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=3932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On September 28, 2022, Celsius Network LLC and related entities filed a motion to enforce the automatic stay and for civil contempt in bankruptcy proceedings alleging that Core Scientific “has knowingly and repeatedly violated the automatic stay provisions of 11 U.S.C. § 362(a)” by refusing to perform its contractual obligations, threatening to terminate the companies’ agreement, and adding improper surcharges. On this news, Core Scientific’s stock fell 10% to close at $1.30 per share on September 29, 2022.

Then on October 27, 2022, before market hours, Core Scientific filed a current report on Form 8-K with the SEC which noted several issues with the Company and stated that the Company “potentially could seek relief under the applicable bankruptcy or insolvency laws. In the event of a bankruptcy proceeding or insolvency, or restructuring of our capital structure, holders of the Company’s common stock could suffer a total loss of their investment.”

The current report also revealed that “[a]s of October 26, 2022, the Company held 24 bitcoins and approximately $26.6 million in cash as compared to 1,051 bitcoins and approximately $29.5 million in cash as of September 30, 2022[,]” and that “[t]he Company anticipates that existing cash resources will be depleted by the end of 2022 or sooner.”

On this news, Core Scientific’s stock fell about $0.79 per share, or over 78%, to close at $0.22 per share on October 27, 2022.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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——————————–

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GlobeNewswire Distribution ID 8687836

November 3, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7943 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

GlobeNewswire Distribution ID 8687839