Pakistan Company News – Web Desk

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Packages Limited’s Election of Directors

Karachi: In the Extraordinary General Meeting of Packages Limited (PKGS) Held on 20 May 2011, the following were elected Directors of the company for the term of three years commencing 26 May 2011. 1) Mr. Khalid Yacob 2) Mr. Matti Ilmari Naakka 3) Mr. Muhammad Aurangzeb 4) Mr. Shahid Aziz Siddiqui 5) Mr. Shamim Ahmad Khan 6) Syed Aslam Mehdi 7) Syed …

Saudi Pakistan Leasing Company Limited’s Notice of Book Closure for Monthly Redemption / Profit Payment of Term Finance Certificate

Karachi: We hereby inform you that as per Extra Ordinary Resolution passed by the TFC holders in their meeting dated October 05, 2010 redemption / profit, payment is due on monthly basis (monthly repayment schedule attached). As per revised arrangement the monthly payment date has been fixed for 13th of every month and the TFC holders, whose name appear …

The Karachi Stock Exchange (Guarantee) Limited’s Atlas Fund of Funds Weekly Report on Details of own Certificates Rerpurchased For the Period: May 16, 2011 to May 20, 2011

Karachi: This is in continuation of our earlier correspondence with you on the subject of repurchase of own certificates by Atlas Fund of Funds (ATFF), in accordance with the procedure prescribed under Circular No.14 of 2009 issued by the securities and exchange commission of Pakistan (the Commission), dated May 4, 2009. As required under Clause 3 (v) …

The Karachi Stock Exchange (Guarantee) Limited’s Receipt of full amount of Rights offered by Cherat Papersack Limited

Karachi: We are please to inform you that the unsubscribed amount has been deposited in bank. In this regard, please find enclosed herewith the Auditor’s Certificate confirming that the proceeds have been deposited with the Banker to the Issue, Bank Al Habib Limited. Auditor’s Certificate on Receipt of Proceeds against Issue of Right Shares This …