Pakistan Company News – Material Information

Category Archives: Material Information

Material Information of Sakrand Sugar Mills Limited

Karachi, Sakrand Sugar Mills Limited informed Pakistan Stock Exchange that the Management of the Company is pleased to announce the start of crushing season as per the directions of the Provincial Government. By the Grace of Allah Almighty, we look forward to achieving our targets and generate return to our Shareholders. Sakrand Sugar Mills Limited …

Material Information of Bankislami Pakistan Limited

Karachi, Bankislami Pakistan Limited informed Pakistan Stock Exchange that they have received Certified Copies of Order dated December 06, 2018 of the Honorable Supreme Court of Pakistan, in two Civil Review Petitions filed by Mr. Nasir All Shah Bukhari and Ms. Ghazala Monem, in the matter of regulatory merger of the Defunct KASB Bank Limited with and …

Material Information of K-Electric Limited

Karachi, K-Electric Limited informed Pakistan Stock Exchange that the statutory auditors of the Company for FY 2017 M/s. KPMG Taseer Hadi and Company, Chartered Accountants, have resigned. The Board of Directors of the Comp, at its meeting held on December 14, 2018 has appointed M/s. A.F. Ferguson and Co, Chartered Accountants and M/s. BDO Ebrahim & …

Material Information of Matco Foods Limited

Karachi, Matco Foods Limited informed Pakistan Stock Exchange that the Company has entered into an agreement with Barentz International (B.V.) to establish a Joint Venture company in Pakistan, subject to receipt of approval of Competition Commission of Pakistan. The investment in the joint venture company is subject to the approval of the Competition …

Material Information of SFL Limited

Karachi, SFL Limited informed Pakistan Stock Exchange that the Board of Directors meeting held on December 13, 2018 it is decided to go for voluntary de-listing of Shares from (PSX) after buy-back of shares from all minatory shareholders of the Company. SFL Limited the Holding Company was incorporated as public limited company on April 26, 2010. The …

Material Information of Redco Textiles Limited

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange that the Board of Directors of the Company in its meeting held on December 04, 2018 has decided to resume the production of weaving unit from December 26, 2018, after reviewing the market situation in the best interest of Shareholders to curtail the maximum loss. Redco Textiles Limited …

Material Information of Redco Textiles Limited

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange that the Board of Directors of the Company in its meeting held on December 04, 2018 has decided to resume the production of weaving unit from December 26, 2018, after reviewing the market situation in the best interest of Shareholders to curtail the maximum loss. Redco Textiles Limited …

Material Information of Apna Microfinance Bank Limited

Karachi, Apna Microfinance Bank Limited informed Pakistan Stock Exchange that unpaid rights at discount have been credited into their CDS Accounts with CDC in book entry form as per their entitlement and Dispatch Letters of Right to Non-CDC / Physical Shareholders. Apna Microfinance Bank Limited was incorporated in Pakistan on May 8, 2003 as a public …