Pakistan Company News – Material Information

Category Archives: Material Information

Material Information of GlaxoSmithKline Pakistan Limited

Karachi, GlaxoSmithKline Pakistan Limited informed Pakistan Stock Exchange that the Company has received promotional allowance (which for the year 2018 is Rs. 1.03 Billion) for the Company Trading Services Limited for brand building and sustainable investment activities. Glaxo Smith Kline Pakistan Limited is incorporated in Pakistan as a limited liability …

Material Information of Blessed Textiles Mills Limited

Karachi, Blessed Textiles Mills Limited informed Pakistan Stock Exchange that ten persons have been elected as Directors and Chief Executive Officer of the Company. Blessed Textiles Limited is a Pakistan-based company engaged in manufacture of textile products. The Company is primarily a spinning unit engaged in the manufacture and sale of yarn and …

Material Information of Faisal Spinning Mills Limited

Karachi, Faisal Spinning Mills Limited informed Pakistan Stock Exchange that ten persons have been elected as Directors and Chief Executive Officer of the Company. Faisal Spinning Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of yarn and fabric. The Company’s segments are Spinning, Weaving and Power …

Material Information of Millat Tractors Limited

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange that date for restart has been extended to January 14, 2019 from January 01, 2019. Millat Tractors Limited is a company incorporated in Pakistan on June 11, 1964 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. The principal …

Material Information of Bolan Castings Limited

Karachi, Bolan Castings Limited informed Pakistan Stock Exchange that the Company as a part of its annual maintenance plan will shut down its manufacturing plant from December 31, 2018 to February 10, 2019. The plant will resume the operation not latest by February 11, 2019. Bolan Castings Limited is a company incorporated in Pakistan. The foundations …

Material Information of EFG Hermes Pakistan Limited

Karachi, EFG Hermes Pakistan Limited informed Pakistan Stock Exchange that Mr. Haroon Askari, an independent director of the Company has resigned from his directorship with effect from December 24, 2018. EFG Hermes Pakistan Limited provides financial brokerage, corporate finance, and financial research services in Pakistan. Its financial brokerage activities …

Material Information of Meezan Bank Limited

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange that Noor Financial Investment Company has successfully consummated the divestment/sale of 15,750,000 ordinary shares in the Bank, constituting a total of 1.35% of the total issued and paid up capital of the Bank pursuant to which the Sale Shares have been acquired by various foreign institutional …

Material Information of Treet Corporation Limited

Karachi, Treet Corporation Limited informed Pakistan Stock Exchange that the Company had issued ordinary shares against 6th conversion of Participation Term Certificates (PTCs) and Employee Stock option Scheme (ESOS), for which the documents required to be submitted at your office for increase in paid-up capital of the Company. Treet Corporation Limited …