Category: Board Meetings

Karachi, JS Global Capital Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 21, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 14, 2021 to August 21, 2021.

The Company was incorporated as a private limited company. However, the Company commenced its operations in May 2003 and name of the Company was changed from JSCL Direct (Private) Limited to Jahangir Siddiqui Capital Markets Private Limited. Subsequently, the Company was converted into a public unquoted company and the holding company Jahangir Siddiqui and Company Limited (JSCL) offered its 25% shareholding to the general public for subscription in December 2004.

The Company operates through eight branches: Two in Karachi, while one each in Lahore, Islamabad, Hyderabad, Rawalpindi, Multan, Peshawar and Faisalabad besides head (registered) office based in Karachi. The registered office of the Company is situated at The Center, 17th & 18th Floor, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi.

The total number of shares are 27,477,297. The Earnings per share is 6.77 in 2020 which was 1.31 in 2019. The Profit after Taxation of the Company is 206,954,000 in 2020 which was 47,248,000 in 2019.

Karachi, Dawood Hercules Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 25, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 16, 2021 to August 25, 2021.

Dawood Hercules Corporation Limited is founded as Dawood Hercules Chemical Limited in 1968, is an Investment Company listed on Pakistan Stock Exchange. It is publicly listed company, and is the investment holding platform for the Dawood Hercules Group; a business family with an entrepreneurial history spanning over a century.

Dawood Hercules Corporation Limited was incorporated in Pakistan on April 17, 1968. The principal activity of the Company is to manage investments including in its subsidiary and associated companies.

The Company deploys and manages investments across a diverse range of sectors, including in its subsidiaries and associated companies, and its subsidiary, Engro Corporation Limited, is one of the largest industrial conglomerates in Pakistan, and has leveraged joint ventures to scale up businesses and enhance capabilities for handling complex Greenfield projects.

The total number of shares of the Company are 481,287,116. The Earnings per share has decreased in 2020 and is 7.75 which was 10.02 in 2019. The Profit after Taxation is 3,727,994,000 in 2020 which was 4,821,697,000 in 2019.

Karachi, International Steels Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 25, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021 for declaration of any entitlement has been rescheduled on August 24, 2021.

Further, the company has declared the closed period from August 16, 2021 to August 24, 2021.

International Steels Limited was set up in 2007 as a public limited company. It is a subsidiary of International Industries Limited. The Company manufactures cold rolled, galvanized and color coated steel coils and sheets.

ISL’s manufacturing facilities are located on 32 acres in the port city of Karachi, where the company produces Cold Rolled Steel, Galvanized Steel and Color Coated Steel for numerous industrial and commercial applications. The company has a strong nationwide supplier network that is served through regional offices in Lahore, Islamabad and Multan. ISL exports its products to more than 20 countries worldwide. The company has a production capacity of over 1,000,000 Metric Tons.

The Company has quoted its shares that are 435,000,000. The Earnings per shares of the Company is 1.14 in 2020 which was 6.12 in 2019. Their Profit after Taxation is 494,851,000 in 2020 which was 2,664,373,000 in 2019.

Karachi, Asia Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2021 at Lahore. The agenda of the meeting will to consider the half yearly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 13, 2021 to August 20, 2021.

Asia Insurance Company Limited is a Public Limited Company, was established in 1979, and was incorporated in Pakistan on December 06, 1979. The Company is engaged in non-life insurance business mainly comprising of fire, marine, motor, bond and surety ship, and agriculture and allied and miscellaneous.

The stocks of the company are quoted on the Pakistan Stock Exchange, and the symbol “ASIC” is being used for the shares of Asia Insurance Company Limited. The registered office of the company is located at Lahore.

The total number of shares the company has issued are 66,371,130. Earnings per Share in 2020 is 0.68 compared to 0.04 in 2019. The Profit after Taxation in 2020 is 41,301,000 and it was 2,321,000 in 2019.

Karachi, Otsuka Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 31, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 25, 2021 to August 31, 2021.

Otsuka Pakistan Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is an indirect subsidiary of Otsuka Pharmaceutical Company Limited, Japan. The principal activity of the company is manufacturing, marketing and distribution of intravenous infusions and trading in pharmaceutical products, nutritional foods and medical equipment. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The symbol “OTSU” is being used by the stock exchange for the shares of Otsuka Pakistan Limited.

Karachi, Citi Pharma Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 13, 2021 at Karachi. The agenda of the meeting will to consider the timelines of the Hospital Project are reviewed, Architecture and Design Consultants are finalized, Regulatory process of various registration/approvals under the Punjab Healthcare Commission,

Act 2010, EPA and Pakistan Medical and Dental Council to be initiated/completed within stipulated timeframe. Key personnel (including Chief Operating Officer) to be hired and working on Technical Collaboration to be initiated and presented to the Board in the next meeting.

Further, the company has declared the closed period from August 01, 2021 to August 01, 2021.

Citi Pharma Limited incorporated as a private limited company in Pakistan under the repealed Companies Ordinance, 1984 on October 08, 2012. The principal activity of the company is manufacturing and sale of pharmaceuticals, medical chemicals and botanical products.

Karachi, Singer Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 24, 2021 at Lahore. The agenda of the meeting will to consider the half yearly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 13, 2021 to August 24, 2021.

Waves Singer Pakistan Limited has become a merged company with the acquisition of Cool Industries (Pvt) Limited by Singer Pakistan during 2017. After the approval of the Scheme of Merger by Sindh High Court, the combined company has acquired the name of Waves Singer Pakistan Limited. The Company is principally engaged in retailing and trading of domestic consumer appliances and other light engineering products, besides manufacturing and assembling of the same.

The Company produces a variety of consumer appliances-including refrigerators, air conditioners, LED TVs, washing machines, microwave ovens, in addition to its more traditional offerings of sewing machines, water heaters and gas ovens etc.

The total number of shares the company has introduced so far are 45,410,000. The Earnings per shares of the Company was (3.50) in 2017 which was 2.10 in 2016. Their Profit after Tax was 327,508,000 in 2017 which was 95,377,000 in 2016.

Karachi, Dawood Lawrencepur Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 26, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 16, 2021 to August 26, 2021.

Dawood Lawrencepur Limited was formed in 2004 by the amalgamation of Lawrencepur Woolen and Textile Mills Limited, Dawood Cotton Mills Limited, Burewala Textile Mills Limited and Dilon Limited. The Company was incorporated in Pakistan as a Public Limited Company.

The Company manages investment in its subsidiaries and associated companies and is engaged in the business of trading and marketing of renewable energy solutions, mainly solar, to commercial and industrial consumers, along with the legacy textile business.

The total number of shares of the Company are 59,299,809 whereas the Earnings per shares of the company is 8.28 in 2020 which was 17.95 in 2019. The Profit after Taxation is 490,924,000 in 2020 which was 1,064,236,000 in 2019.

Karachi, PICIC Insurance Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 14, 2021 to August 20, 2021.

PICIC Insurance Limited was incorporated on April 23, 2004 as a public limited Company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan (SECP). It is engaged in providing all classes of non-life insurance business. PICIC Insurance Limited is a general insurance company dealing with all classes of general insurance business.

The total numbers of shares are 35,000,000. The Earnings per share was (0.06) in 2019. The Company had a loss if Rs. 12,000 in 2020 which was 2,175,000 in 2019.

Karachi, Standard Chartered Bank Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 24, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 16, 2021 to August 25, 2021.

Standard Chartered Bank (Pakistan) Limited was incorporated in Pakistan on 19 July 2006 and was granted approval for commencement of banking business by State Bank of Pakistan, with effect from 30 December 2006. The ultimate holding company of the Bank is Standard Chartered Plc., incorporated in England.

The Banks serves both Retail and Corporate and Institutional Banking customers. Retail Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals. Corporate and Institutional Banking provides clients with services in trade finance, transactional banking, lending, securities services, foreign exchange, debt capital markets and corporate finance. It also offers a complete suite of Islamic banking solutions under its Standard Chartered Saadiq brand.

The Bank is listed on Pakistan Stock Exchange with the total number of shares that are 3,871,585,021. The Earnings per shares of the Company is 3.39 in 2020 which was 4.14 in 2019. The Profit after Taxation is 13,132,982,000 in 2020 which was 16,017,447,000 in 2019.

Karachi, Crescent Star Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 14, 2021 to August 20, 2021.

Crescent Star Insurance Company Limited was established in 1957 and a registered Insurer with the Securities and Exchange Commission of Pakistan. The company is listed on Pakistan Stock Exchange (PSX) and is also a member of Insurance Association of Pakistan (IAP).

The Product portfolio of the Company has been underwriting general Insurer business of Fire, Marine Cargo, Motor, Livestock, Crop, Travel and Miscellaneous through its wide network of branches across Pakistan.

The number of shares the company has introduced are 107,695,041. The Earnings per share is 0.51 in 2020 which was 0.46 in 2019. The Profit after Taxation of the Company is 54,582,000 which was 49,133,000 in 2019.

Karachi, Glaxo Smith Kline Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 24, 2021 at Karachi. The agenda of the meeting will to consider the half yearly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from August 17, 2021 to August 24, 2021.

GlaxoSmithKline Pakistan Limited was created January 1st, 2001 through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan (Private) Limited and Glaxo Welcome (Pakistan) Limited and stands today as a pharmaceutical company in Pakistan.

GlaxoSmithKline Pakistan Limited is incorporated in Pakistan as a limited liability company and. It is engaged in manufacturing and marketing of research based ethical specialties and pharmaceutical products. The Company is a subsidiary of S.R. One International B.V., incorporated in Netherlands, whereas its ultimate parent company is GlaxoSmithKline Plc, UK (GSK Plc). GSK Pakistan operates mainly in two industry segments: Pharmaceuticals and consumer healthcare.

The share of the Company are 318,467,278. The Earnings per shares of the company is 10.60 in 2020 which was 9.55 in 2019. The profit after taxation is Rs. 3,375,240,000 in 2020 which was 3,041,123,000 in 2019.