Pakistan Company News – Material Information

Category Archives: Material Information

Material Information of IBL Healthcare Limited

Karachi, IBL Healthcare Limited informed Pakistan Stock Exchange that 100% amount from proceeds of the right issue have been utilized towards the projects submitted for the issue, agreement is now made with the Principal and order is also placed for the same. Further, some of the cases are under enlistment process under DRAP and approval is awaited. …

Material Information of Askari Bank Limited

Karachi, Askari Bank Limitedinformed Pakistan Stock Exchange that Mr. AbidSattar has assumed the office of President and Chief Executive of the Bank with effect from August 09, 2018. Askari Bank Limited was incorporated in Pakistan on October 9, 1991, as a public limited company and commenced its operation on April 1, 1992. The company is engaged in …

Material Information of TPL Corporation Limited

Karachi, TPL Corporation Limitedinformed Pakistan Stock Exchange that TPL Life Insurance Limited, a subsidiary of the Company, hasobtainedWindowTakafulOperationsLicenseinrespectofFamilyTakafulproductsonAugust 9, 2018, by theSecurities and Exchange Commission of Pakistan in exercise of powersconferred under Rule 9 of the Takaful Rules 2012. TPL Corp …

Material Information of Ghani Glass Limited

Karachi, Ghani Glass Limitedinformed Pakistan Stock Exchange that with the blessings of Allah Subhanaho-wa-taala, Furnace of float line 1 of the Company having production capacity of 450 tons per day (extendable upto 500 tons per day) at their Plant situated at 29-KM Lahore Sheikhupura Road has been successfully fired. Ghani Glass Limited is a company …

Material Information of Shahzad Textile Mills Limited

Karachi, Shahzad Textile Mills Limitedinformed Pakistan Stock Exchange that the Board unanimously decided to revise the basic salary of Chief Executive to Rs. 1.200 per month from existing salay of Rs. 850,000 per month effective 01 July, 2018. Beside he will also be entitled to company maintained conveyance, and other prerequisite & benefit incidental …

Material Information of TPL Properties Limited

Karachi, TPL Properties Limitedinformed Pakistan Stock Exchange that the Company datedFebruary 23, 2018 regarding obtaining permission from Securities and Exchange Commission of Pakistanfor incorporation of a “REIT Management Company”, which will be a wholly owned subsidiary of theCompany. TPL Properties Limited was incorporated in Pakistan as a …