Pakistan Company News - Announcements and Notices from Karachi Stock Exchange

Change of GOP nominated Director of K-Electric Limited

Karachi, K-Electric Limited informed Pakistan Stock Exchange that Mr. Hassan Nasir Jamy has been appointed as Director of the Company with effect from December 14, 2018 in place of Dr. Aamer Ahmed. K-Electric Limited formerly Karachi Electric Supply Company Limited was incorporated as a limited liability company on September 13, 1913. The foundations …

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 & …

Transaction of 42,500 shares of Allied Bank Limited

Karachi, Allied Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 42,500 shares @ Rs. 96.50 per share were bought from the market on December 13, 2018 through CDC. Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related …

Appointment of Director of Nishat Chunian Limited

Karachi, Nishat Chunian Limited informed Pakistan Stock Exchange that Mr. Muhammad Zahid Khan has been appointed as Director with effect from December 13, 2018 in place of Mrs. Sonia Karim. Nishat Chunian Limited is a company incorporated in Pakistan. The foundations of the company were laid in 1990 under the Companies Ordinance, 1984. The company is …

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 …