News from Pakistan
Karachi, Lucky Cement Limitedinformed Pakistan Stock Exchange that Lucky Electric Power Company, which is a 100% indirectly owned subsidiary of the Company, has achieved financial close on June 25, 2018 after fulfilling all the necessary conditions required to be met as per financing agreements. The Financing documents were signed on May 31, 2018. Lucky Cement Read More …
Karachi, Meezan Bank Limitedinformed Pakistan Stock Exchange that Noor Financial Investment Company has successfully consummated the divestment / sale of 36,164,255 ordinary shares in the Bank, constituting a total of 3.40% of the total issued and paid up capital of the Bank pursuant to which the Sale Shares have been acquired by various foreign institutional Read More …
Karachi, Askari Bank Limitedinformed Pakistan Stock Exchange that the Board of Directors of Bank has appointed Mr. AbidSattar as the President and Chief Executive of the Bank subject to clearance by the State Bank of Pakistan. Askari Bank Limited was incorporated in Pakistan on October 9, 1991, as a public limited company and commenced its Read More …
Karachi, Millat Tractors Limitedinformed Pakistan Stock Exchange that the Company has achieved a production and sales target of 42,500 plus tractors for the year ending June 30, 2018 which is the ever highest volume in the history of the Company. Millat Tractors Limited is a company incorporated in Pakistan on June 11, 1964 as a Read More …
Karachi, Ansari Sugar Mills Limitedinformed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company will be held on June 19, 2018 at Hyderabad to consider and finalized the allotment of unsubscribed shares of right shares in accordance with the section 83 (1) (a) (iv) of the Companies Act, 2017. Ansari Read More …
Karachi, Mughal Iron and Steel Industries Limited informed Pakistan Stock Exchangethat sanction and technical clearance for extension of existing grid station load from 19.99 MW to 59.99 MWhad been accorded bytheLahore Electric Supply Company Limited. With a history of over 50 years of excellence to its credit, Mughal Iron & Steel Industries Limited (“MISIL”) is Read More …
Karachi, Sazgar Engineering Works Limitedinformed Pakistan Stock Exchange that 1,544 Production Units and 1,803 Sales Units data of CNG 4-Stroke Auto Rickshaw of the month of May, 2018. Sazgar Engineering Works Limited was incorporated on 21st September 1991 as a Private Limited Company. It was later converted into a Public Limited Company on the 21st Read More …