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. …

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 …

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 …

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 …

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 …

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 …

Karachi, Mughal Iron and Steel Industries Limited informed Pakistan Stock Exchange that operating lease agreements in respect of two leased melting furnaces will be discontinued with effect from September 07, 2018. With a history of over 50 years of excellence to its credit, Mughal Iron & Steel Industries Limited (“MISIL”) is one of the leading …

Karachi, Oil and Gas Development Company Limitedinformed Pakistan Stock Exchange that By the grace of Almighty Allah, the joint Venture of Mela D&PL block comprising the Company as Operator (56.45%), Pakistan Petroleum Limited (PPL) (28.55%) and Government Holdings (Private) Limited (GHPL) (15%) has discovered Crude Oil & Gas from the development …