Day: November 4, 2022

Karachi, Image Pakistan Limited informed Pakistan Stock Exchange that the company’s information relating to stay obtained from the court against the inspection or Investigation proceedings of the securities and exchange commission of Pakistan.

Image Pakistan Limited formerly known as Tri Star Polyester Limited is a Polyester Filament Yarn manufacturing plant established in 1992 and is situated at S.I.T.E., Karachi having a capacity of 4,200 tons/annum based on 75 denier.

The symbol “TRPOL” is being used by the stock exchanges for the Tri Star Polyester Limited.

 

Karachi, Khalid Siraj Textile Mills Limited informed Pakistan Stock Exchange that due to a Court case lodged by SECP to windup the company, PSX has blocked the company from trading its shares online. Due to this the company has to pursue the Honorable Courts and update them with new developments.

Khalid Siraj Textile Mills Limited is one of the Textile Products in Lahore, Punjab. Production Capacity is 29, 80,277 Kgs Converted Into 30/S Cotton Yarn and the Mill Installed has 17,280 Spindles.

The symbol “KSTM” is being used by the stock exchanges for the shares of Khalid Siraj Textile Mills Limited.

 

Karachi, Security Leasing Corporation Limited informed Pakistan Stock Exchange that the company is in the process of negotiation with financial institutions for settlement of their outstanding liabilities. The following is a summarized status of the negotiations with various financial institutions: The management is in the process of finalizing settlement with different banks in respect of their outstanding of liabilities. The management is currently in negotiation with 51% holders of Sukuk-II for settlement of their outstanding of Rs. 231 million.

 

Security Leasing Corporation Limited was incorporated in Pakistan on December 06, 1993 and commenced its operations on May 21, 1995. The company is Non – Banking Finance Company (NBFC) and is engaged in the business of leasing.

The total numbers of shares are 36,300,000. The Earnings per share is (1.21) in 2020 which was (0.76) in 2019. The Company had a loss of Rs. 44,079,000 in 2020 which was 27,613,000 in 2019.

Karachi, D. G. Khan Cement Company Limited informed Pakistan Stock Exchange that Mr. Shehryar Ahmed Buksh has appointed as Director of the Company with effect from November 04, 2022 in place of Mr. Mikal Mustafa Iqbal.

D.G. Khan Cement Company Limited (DGKCC) was established under the management control of State Cement Corporation of Pakistan Limited (SCCP) in 1978 as private limited company. DGKCC started its commercial production in April 1986 with 2000 tons per day (TPD) clinker based on dry process technology.

Nishat acquired DGKCC in 1992 under the privatization initiative of the government. After privatization the company was listed on Stock Exchanges in September 1992.

The Company is principally engaged in the manufacturing and sale of Cement. The Company is member of All Pakistan Cement Manufacturers Association (APCMA) and Lahore Chamber of Commerce and Industry (LCCI).

The symbol “DGKC” is being used by the stock exchanges for the shares of D.G. Khan Cement Company Limited.

Karachi, Bawany Air Product Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Bawany Air Products Limited is a public limited Company incorporated in Pakistan on August 16, 1978. The principal activities of the Company are production and trading of oxygen gas, dissolved acetylene and nitrogen gas. The manufacturing facilities are located at Hub Industrial Estate, Tehsil Hub in the province of Baluchistan.

The total numbers of shares are 7,502,510. The Earnings per share is (11.62) in 2020 which was (1.93) in 2019. The Company had a loss of Rs. 87,187,000 in 2020 which was 14,467,000 in 2019.

Karachi, Crescent Steel and Allied Products Limited informed Pakistan Stock Exchange about transaction of shares of the company. 420,000 shares @ Rs. 38.80 per share were bought from the market on November 04, 2022 through CDC.

Crescent Steel and Allied Products Limited is a conglomerate corporation listed on the Pakistan Stock Exchange Limited as ‘CSAP’, and thereby is a Public Interest Company. They have started operations with a pipe manufacturing facility in March 1987. The Company now operates five segments Steel, Cotton, Investment and Infrastructure Development (IID), Energy and Hadeed (Billet) segment. The Shares are quoted on Pakistan Stock Exchange Limited.

The total shares of the Company introduced are 77,632,491. The Earnings per share has decreased in 2020 and is (0.22) which was 1.85 in 2019. Their Profit after Taxation has also decreased in 2020 and is (17,124,000) which was 143,476,000 in 2019.

Karachi, Sardar Chemical Industries Limited informed Pakistan Stock Exchange that the minutes of the Board of Directors Meeting held on October 28, 2022 at Khyber Pakhtunkhwa.

Sardar Chemical Industries Limited was incorporated in Pakistan on October 3, 1989 as a Private Limited Company. It was converted into Public Limited Company on December 30, 1993. The principal business of the Company is to manufacture and sell dyestuffs for leather, textile and paper industries.

The total numbers of shares are 6,000,000. The Earnings per share is 3.41 in 2020 which was 3.11 in 2019. The Profit after taxation is 20,478,000 in 2020 which was 18,653,000 in 2019.

 

Karachi, Ruby Textile Mills Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

The company was incorporated in Pakistan on October 18, 1980 as a private limited company and was subsequently converted into public limited company. The principal business of the company is manufacturing and sale of yarn.

The total number of shares that is 52,214,400. The Earnings per shares is (0.54) in 2020 which was (2.10) in 2019. The Company had a loss of Rs. 28,092,000 in 2020 which was 98,838,000 in 2019.

Karachi, Popular Islamic Modaraba  informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 0.3744 per share i.e. 3.744% for the year ending June 30, 2022 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 04, 2022.

Popular Islamic Modaraba is a company incorporated in Pakistan, established in 1994, floated under the Modaraba Ordinance of 1980. Popular Islamic Modaraba (Formerly: First Islamic Modaraba) is a multipurpose, perpetual and multi dimensional Modaraba, It is now managed by Popular Islamic Modaraba Management Company (Private) Limited. Formerly, managed by Islamic Investment Bank Limited (Under Liquidation). In year 2013 Popular Islamic Modaraba (Formerly: First Islamic Modaraba) has been take over the management by Popular Group of Industries. It is listed on the Pakistan Stock Exchange. It is a member of NBFI & Modaraba association of Pakistan. It is an Islamic Financial Institution providing financial facilities in accordance with Shariah constraints.

The symbol “PIM” is being used by the stock exchange for the shares of Popular Islamic Modaraba.

Karachi, Arif Habib Corporation Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 4.00 per share i.e. 40% for the year ending June 30, 2022 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 04, 2022.

Arif Habib Corporation Limited (AHCL) is the flagship company of the Arif Habib Group. Arif Habib Corporation Limited was incorporated in Pakistan in November 1994 as a Public Limited Company. The Company is listed on the Pakistan Stock Exchange Limited.

The Principal activity of the Company is to make strategic investments in subsidiary Companies and associates engaged in diversified sectors and investment in other securities.

The Shares of the Company are quoted in Pakistan Stock Exchange, and using the symbol “AHCL” for the shares of the Company.

The total number of shares the company has issued are 408,375,000. Earnings Per Share in 2020 is (1.38) which was (2.12) in 2019. The Company had a loss of Rs. 569,875,000 in 2020 compared to a loss of Rs. 963,841,000 in 2019.

Karachi, Cherat Packaging Limited informed Pakistan Stock Exchange that the share certificates in respect of Bonus Share i.e.10% for the period ended June 30, 2022 announced on August 24, 2022 have been credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited (CDC) on November 04, 2022.

Cherat Packaging Limited was incorporated in Pakistan as a public company limited by shares in the year 1989. Its main business activities are manufacturing, marketing and sale of paper sacks, polypropylene bags and flexible packaging material.

The total number of shares are 42,506,836. The Earning per share is 1.65 in 2020 which was 13.24 in 2019. The Profit after Taxation of the Company is 70,235,000 in which was 562,873,000 in 2019.