Day: April 3, 2023

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Notice of book closure of Bank AL-Habib Limited

Karachi, Bank AL-Habib Limited informed Pakistan Stock Exchange that the transfer books of the company will be closed from April 10, 2023 to April 25, 2023 (both days inclusive).

Bank Al-Habib Limited was incorporated in Pakistan on October 15, 1991 as a Public Limited Company where they started banking operations in 1992. Bank Al-Habib is sponsored by Dawood Habib Group. The Bank is scheduled and principally engaged in the business of commercial banking.

The Bank is listed on Pakistan Stock Exchange, and the shares are also quoted in it. The symbol “BAHL” is used for the shares of the Bank.

The number of shares the company has introduced are 1,111,425,419. The Earnings per shares has increased in 2020 and is 16.03 which was 10.05 in 2019. The profit after taxation in 2020 is 17,811,536,000 which was 11,168,736,000 in 2019.

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Annual general meeting of Shaheen Insurance Company Limited to be held on April 25, 2023

Karachi, Shaheen Insurance Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 25, 2023 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on December 31, 2022, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from April 19, 2023 to April 25, 2023 (both days inclusive).

Shaheen Insurance Company Limited was incorporated in March 1995. It was registered with the Controller of Insurance in November 1995 to carry out non-life insurance business comprising fire, marine, motor, aviation, engineering, transportation, health, etc. On March 14, 2018 the Company has been awarded license to commence Window Takaful Operations

The total number of shares the company has introduced are 60,000,000. The Earnings per share is (0.59) in 2020 which was 1.00 in 2019. The Profit After Taxation is 35,609,000 in 2020 which was 60,000,000 in 2019.

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Resolution passed in annual general meeting of Trust Securities and Brokerage Limited

Karachi, Trust Securities and Brokerage Limited informed Pakistan Stock Exchange that the resolution passed in Extraordinary general meeting of the company held on April 01, 2023 at Lahore.

“Resolved that the minutes of the previous Annual General Meeting held on October 28, 2022, is unanimously approved by the shareholders.”

“Resolved that the seven members have been elected as Directors of the Company for a term of next three years.

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.

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Financial results of Fatima Fertilizer Company Limited for Year ended December 31, 2022

Karachi, Fatima Fertilizer Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 03, 2023.

The agenda of the meeting was discussion of consolidated profit and loss account for Year ended December 31, 2022 which portrayed a profit of Rs. 14,123,939,000 with earnings per share 6.73 basic and diluted respectively.

Further, 35% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from April 20, 2023 to April 28, 2023 (both days inclusive).

Fatima Fertilizer Company Limited was incorporated in Pakistan on December 24, 2003. The company operates as a joint venture between two major groups in Pakistan namely Fatima Group and Arif Habib Group. The principal activity of the Company is manufacturing, producing, buying, selling, importing and exporting fertilizers and chemicals.

The fertilizer production complex produces Ammonia and Nitric Acid, which are intermediate products and Urea, Calcium Ammonium Nitrate, Nitro Phosphate and nitrogen Phosphorous Potassium which are final products. Foundation of the complex was laid on April 26, 2006 and the construction process commenced in 2007 and is housed on 950 acres of land.

The production capacity of the complex is 500,000 metric tons of Urea per annum, 420,000 metric tons of Calcium Ammonium Nitrate per annum, 360,000 metric tons of Nitro Phosphate per annum, 420,000 metric tons of NPK per annum.

The Shares of the Company are 2,100,000,000. The Earnings per Shares of the Company is 6.32 in 2020 which was 5.75 in 2019. Their Profit after Taxation is 13,274,691,000 in 2020 which was 12,069,682, 000 in 2019.

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Transaction of 1,500 shares of Attock Refinery Limited

Karachi, Attock Refinery Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,500 shares @ Rs. 169.71 per share were sold in the market on March 31, 2023 through CDC.

Attock Refinery Limited was incorporated in Pakistan as a Private Limited Company in November, 1978. It take over the business of the Attock Oil Company Limited relating to refining of crude oil and supplying of refined petroleum products. The Company was subsequently converted into a Public Limited Company in June, 1979 and its shares are quoted on the Pakistan Stock Exchange Limited in Pakistan.

Attock Refinery Limited is also registered with Central Depository Company of Pakistan Limited, and is subsidiary of The Attock Oil Company Limited, England and its ultimate parent is Coral Holding Limited (a private limited company incorporated in Malta). The principal activity of the Company is to refine the crude oil.

The Company has quoted its shares on Pakistan Stock Exchange Limited that are 106,616,250. The Earnings per shares of the Company is (26.50) in 2020 which is (50.51) in 2019. The Company had a loss of Rs. 2,824,926,000 in 2020 as compared to a loss of Rs. 5,385,239,000 in 2019.

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Transaction of 10,000,000 shares of Soneri Bank Limited

Karachi, Soneri Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,000,000 shares @ Rs. 9.13 per share were bought from the market on March 31, 2023 and 5,000,000 shares @ Rs. 9.13 per share were bought from the market on March 31, 2023 through CDC.

Soneri Bank Limited is a full-service commercial bank established on September 28th, 1991 and also incorporated on September 28, 1991 as a public listed company. The key areas of operation are Branch Banking, Corporate & Investment Banking, Treasury, SME, Financial Institutions and Islamic Banking. Our Soneri Mustaqeem Islamic Banking Division is expanding at a fast-pace with currently 35 dedicated branches and Islamic Banking windows operating all across Pakistan.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 1,102,463,503. The Earnings per shares of the Company is 2.18 in 2020 which was 1.73 in 2019. The Profit after taxation in 2020 is Rs. 2,400,272,000 which was 1,906,024,000 in 2019

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Board Meeting other than Financial Result of Gammon Pakistan Limited

Karachi, Gammon Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 07, 2023 at Rawalpindi to consider the approve Quarterly Accounts for the period ended March 31, 2023.

Further, the company has declared the closed period from April 10, 2023to April 17, 2023.

Gammon Pakistan Limited was incorporated on August 12, 1947 as a Public Company Limited by shares. The Company is principally engaged in the execution of civil construction works. The Company is a subsidiary of Bibojee Services (Private) Limited (the holding company), a private company incorporated in Pakistan.

The total numbers of shares are 28,266,231. The Earnings per share is 0.93 in 2020 which was 1.43 in 2019. The Profit after Taxation is 26,312,000 in 2020 which was 40,404,000 in 2019.

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Board Meeting in Progress of Pakistan Reinsurance Company Limited

Karachi, Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on April 03, 2023 at Karachi to First Quarter Accounts for the period ended 2022 is in progress.

Pakistan Reinsurance Company Limited was incorporated in Pakistan as a public limited company on March 30, 2000. The Company is engaged in providing of reinsurance and other insurance business.

The company provides insurance solutions to departments including Aviation, Marine Cargo, Marine Hull, Engineering, Fire and Accident. It provides reinsurance protection to the local insurance industry in view of treaty and facultative business as well as managing insurance schemes assigned by the Federal Government of Pakistan.

The total number of shares are 300,000,000. The Earnings per share is 4.64 in 2020 which was 4.95 in 2019. The Profit after Taxation is 1,391,439,000 in 2020 which was 1,484,283,000 in 2019.

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Board Meeting other than Financial Result of SME Leasing Limited

Karachi, SME Leasing Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 06, 2023 at Islamabad to consider the impact on the Company of the decision made by the Federal Cabinet in its meeting held on March 17, 2023 to wind down the Parent Company of the company.

Further, the company has declared the closed period from April 03, 2023 to April 06, 2023.

SME Leasing Limited was incorporated as an unlisted public limited company on July 12, 2005. The company, while a still remains a subsidiary of SME Bank Limited has now become a listed Company on Pakistan Stock Exchange. The core Objective of the Company is to extend Lease and Working Capital financing facilities to small and medium enterprises of the country.

The Company was granted the Certificate for commencement of business on January 28, 2003 and under an arrangement with SME Bank Limited, the assets and liabilities of the leasing division of SME Bank Limited were transfer to the Company on January 31, 2003.

The objective for forming SMEL is to contribute monetarily, as much as possible, towards the economics growth of the country and at the same time bringing about cultural change in the uplift of the SME sector by providing client-specific financing facilities.

The Company primarily concentrates on SME sector with a vision to enhance their assets and technology capabilities. it provides a window to the SMEs with one of the largest branch networks in Pakistan. Currently the company has eight branches operating in the major cities of the country.

The symbol “SLL” is being used by the stock exchanges for the shares of SME Leasing Limited.

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Annual general meeting of Pakistan Oxygen Limited to be held April 26, 2023

Karachi, Pakistan Oxygen Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 26, 2023 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on December 31, 2022, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending December 31, 2023 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from April 18, 2023 to April 26, 2023 (both days inclusive).

Pakistan Oxygen Limited was incorporated in Pakistan, as a private limited company in 1949 and converted into a public limited company in 1958. The Company is principally engaged in the manufacturing of industrial and medical gases, welding electrodes and marketing of medical equipment.

The total numbers of shares are 46,872,446. The Earnings per share is 8.87 in 2020 which was 7.70 in 2019. The Profit after taxation is 346,281,000 in 2020 which was 300,585,000 in 2019.

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Election of Directors of Tariq Corporation

Karachi, Tariq Corporation informed Pakistan Stock Exchange that the seven members have been re-elected as Directors of the Company for a term of three years commencing from April 01, 2023 in their Extraordinary General Meeting of the Shareholders of the Company held on March 31, 2023.

Tariq Corporation was incorporated on February 14, 1966 in Karachi and received its Certificate for Commencement of Business on April 16, 1966. The Company formerly known as Hussein Sugar Mills Limited, is principally engaged in the business of production and sale of sugar and by products.

The plant is located in Jaranwala, approximately 80KM from Lahore. The area has large tracts of land where sugarcane is cultivated and produces approximately 40-45 million mounds of sugarcane a year.

The total numbers of shares are 38,520,000. The Earnings per share is (7.43) in 2020 which was 9.05 in 2019. The Profit after Taxation of the Company is (286,206,000) in 2020 which was 293,543,000 in 2019.

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Annual general meeting of Jubilee General Insurance Company Limited to be held on April 25, 2023

Karachi, Jubilee General Insurance Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 25, 2023 at Karachi.

The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from April 19, 2023 to April 25, 2023 (both days inclusive).

Jubilee General Insurance Company Limited is a public limited company incorporated in Pakistan on May 16, 1953. The Company is engaged in general insurance business. The Company was granted authorization on March 10, 2015.

Jubilee General is listed on the Pakistan Stock Exchange. Its major shares are held by, Aga Khan Hospital and Medical College Foundation, Habib Bank Limited, Aga Khan Fund for Economic Development and Hashoo Group. Jubilee General, with its Head Office in Karachi, has branches and network in all major cities and towns of Pakistan.

The total number of shares of the company are 198,491,379. The Earnings per shares is 7.72 in 2020, which was 6.78 in 2019. Their Profit after Taxation is 1,532,738,000 in 2020, which was 1,224,285,000 in 2019.