Daily Archives: December 21, 2017

Board Meeting of Loads Limited

Karachi, Loads Limitedinformed Pakistan Stock Exchange that the Board of Directors of the Company has re-elected Syed Shahid Ali Shah as Chairman and Mr. Munir K. Bana as Chief Executive of the Company for a term of three years commencing from December 18, 2017. Loads Limited was established on January 1, 1979 as a private limited company with the objective of manufacturing exhaust systems, radiators, and sheet metal components for the automotive industry. The Company was converted to public limited company in January 12, 1994. Over the years, the Company has grown into one of the largest Auto Parts Manufacturers (APMs) in the country and is recognized for the reliability and quality of its products. The Company has three wholly owned subsidiaries, namely, Specialized Autoparts Industries (Private) Limited, Multiple Autoparts Industries (Private) Limited and Specialized Motorcycles (Private) Limited. The primary customers of the Group belong to the automotive sector, mainly multi-national assemblers of passenger cars, light commercial vehicles, heavy commercial vehicles (trucks & buses), tractors and motor cycles. The key clientele of the Group includes world’s most reputable assemblers i.e. Toyota, Honda, Suzuki, Hino, Nissan, Isuzu, Massey-Ferguson, Mitsubishi, Yamaha, etc. Over the years, the Group has ensured quality through technical collaboration with leading Japanese companies like Toyo Radiator Company, Futaba Industrial Company, Sankei Giken Kogyo, Yutaka Giken, Hamamatsu Pipe & Futaba for import of latest technologies and state-of-the-art machines for manufacture of radiators and exhaust systems. In addition, Loads Limited has in-house die designing & manufacturing facility with state-of-the-art Computer Numerical Control (“CNC”) automatic die manufacturing machines. The Company has acquired ISO-9001 and ISO-14001 certifications to enhance and maintain highest levels of quality standards. In order to maintain international quality standards and to bring about continuous improvements in line with changing demands, a team of highly qualified professionals provides a sound technological base. The Company and its subsidiaries have an employee base of over 1150 employees. The Group’s products are evaluated, tested and approved by the customers’ principals in Japan on periodic basis. The Group is recognized for its reliability, quality and timely deliveries and has regularly received Quality Excellence Awards from customers like Toyota, Honda, Suzuki, Hino, etc. in Pakistan. The Group’s head office and manufacturing facility is located at Korangi Industrial Area, Karachi. The remaining manufacturing facilities are housed in the two wholly owned subsidiaries, situated in Bin Qasim, Karachi. The total covered area of the three plants exceeds 10 acres. The Company has installed an integrated SAP software system at all the plants for ensuring online control of just-in-time supplies, production, sales, inventories and financial reporting. The Japanese philosophies of 5s and Kaizen have been implemented to ensure efficiency, good housekeeping and higher productivity. All senior personnel undergo training and development as required from time to time.

Board of directors meeting of Habib Sugar Mills Limited

Karachi, Habib Sugar Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 28, 2017 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2017. Further, the company has declared the closed period from December 21, 2017 to December 28, 2017 Habib Sugar Mills Limited is a public limited Company incorporated in Pakistan, with its shares quoted on the Pakistan Stock Exchange. The Company is engaged in the manufacturing and marketing of refined sugar, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities. The symbol “HABSM” is being used by the stock exchanges for the shares Habib Sugar Mills Limited.

Board of directors meeting of Sanghar Sugar Mills Limited

Karachi, Sanghar Sugar Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 30, 2017 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2017. Further, the company has declared the closed period from December 21, 2017 to December 30, 2017 Sanghar Sugar Mills Limited is a public limited company, is principally engaged in the manufacture and sale of sugar. Initially Mills having a capacity of 2,000 T.C.D. was installed. Subsequently the capacity has been increased which currently stands at 6,000 T.C.D. The symbol “SANSM” is being used by the stock exchanges for the shares Sanghar Sugar Mills Limited.

Board of directors meeting of J. D. W. Sugar Mills Limited

Karachi, J. D. W. Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 30, 2017 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2017. Further, the company has declared the closed period from December 21, 2017 to December 30, 2017 The Sugar Division comprises of three sugar mills Units in the districts of Rahim Yar Khan, Punjab and Ghotki, Sindh. With its combined crushing capacity of 44,500 TCD, it is one of the largest group in the sugar sector and contributes approximately 15-17% of country’s sugar production. The Company has been successful in completing and commissioning its two high-pressure Co-Generation plants at Unit-II (Sadiqabad) and Unit-III (Ghoki). The first 26.6 MW plant at Unit-II achieved commercial operations on 12 June 2014 after clearing all testing, certification and trial run requirements. The second 26.8 MW project at Unit-III achieved commercial operations on 03 October 2014 after similarly completing all pre-commissioning formalities. JDW is also managing Sugarcane Corporate Farms over the area of 24,000 Acres in the Provinces of Punjab & Sindh. By using knowledge, experience together with modern tools and machinery and distinctive agronomic strategies, JDW has been able to build highly efficient and eco-friendly farms with higher yields. Company’s unique farming techniques have also led to the capacity building of existing farmers thereby resulting in improved and reliable cane supply to JDW. The symbol “JDWS” is being used by the stock exchange for the shares of J. D. W. Sugar Mills Limited.

Chief Minister Gilgit-Baltistan invites private sector to join hands with government of Gilgit-Baltistan and start flight operation for this area

Lahore, December 21, 2017 (PPI-OT):Chief Minister Gilgit-Baltistan Hafiz Hafeez-ur-Rehman has invited the private sector to join hands with the government of Gilgit-Baltistan and start flight operation for this area. While talking to the LCCI President Malik Tahir Javaid, Senior Vice President Khawaja Kharar Rashid and Vice President Zeeshan Khalil, Chief Minister Gilgit-Baltistan, he said that Gilgit-Baltistan is abundant with huge opportunities in tourism, energy and infrastructure sectors. He said that PIA operation for Gilgit-Baltistan is not enough to cater to the needs therefore private sector should come forward and avail this opportunity. Former LCCI President Mian Shafqat Ali also spoke on the occasion.

He said that China Pakistan Economic Corridor (CPEC) has generated lucrative investment opportunities that must be availed by the local investors. Under this project industrial and economic zones are being established which will create ample employment opportunities for the people of this area.

On the energy sector, CM GB said that Gilgit-Baltistan is not linked with the national grid which is the major hurdle of taping the power generation potential. He said that GIZ and WAPDA have identified the potential of 40,900 MW through feasibility reports. He said that establishment of first grid in Gilgit-Baltistan is at tender stage. He said that no serious work had been done in past for Diamir Bhasha Dam but now situation is quite different.

He said that land acquisition for Diamir Bhasha has been completed through transparent way. All record in this regard is available in this regard and a huge amount of Rs. 12 billion is saved through transparency. He said that Diamir Basha, Bujni and Dasu would generate 4500 MW, 7500 MW and 5000 MW of cheap and environment friendly electricity of respectively that would reduce the oil import bill. CM GB said that Chief Minister Punjab Shahbaz Sharif extended laudable help to the government Gilgit-Baltistan in health and education sector. “People of Gilgit-Baltistan are thankful to the taxpayers of Punjab for helping generously”, he concluded.

While talking about the tourism potential, he said that Gilgit-Baltistan is the most wonderful area of the country and has lot of attractions for the tourists. He said that various measures are being taken to tap the vast potential of tourism in Gilgit-Baltistan and focusing this sector for higher economic gain. He said that number of tourists is increasing that is a good sign. He said that apart from tourism, mining, food preservation, the area has a very huge potential for cement and herbal sectors, therefore, the business community should come forward to explore these opportunities that offer a huge dividend.

The LCCI President Malik Tahir Javaid said that the region of Gilgit-Baltistan has immense importance in geo-economic and geo-strategic terms. Geographically, Gilgit-Baltistan shares borders in the northeast with China, in the extreme north with Wakhan corridor of Afghanistan, in the west with KPK province and in the south and southeast with Azad Kashmir. He said that it is also endowed with vast resources of metallic, non-metallic, energy minerals, precious /dimension stones and different rocks of industrial use. He said that GB is located at the confluence of world great mountain ranges like the Himalaya, Hindukush, Karakoram and Pamir mountain ranges, which are considered the high roof of the world.

The LCCI President said that Gilgit-Baltistan has a bright economic future. CPEC is expected to bring an economic transformation in Gilgit-Baltistan because of infrastructure development, construction and hydropower stations. Some mega development projects have already been started. He said that according to the Government of Pakistan, the province of Gilgit-Baltistan has a hydropower potential of 19,000 MW as the Indus River and its six main tributaries pass through this region. This potential can be harnessed if the Government establishes a regional grid in Gilgit-Baltistan to interlink all the power potential sites. It is due to the absence of the national grid that the NEPRA’s jurisdiction has not been extended to Gilgit-Baltistan.

He said that Gilgit-Baltistan also has tremendous potential in tourism. Beautiful landscape, unique cultural heritage and rich biological diversity give the region a competitive advantage in attracting tourists from all over the world. He strongly recommended the business community of the city to tap the investment opportunities available in Gilgit-Baltistan in the hospitality business.

He said owing to its cool, dry climate and availability of water resources, Gilgit-Baltistan has great potential in agriculture. Fruits such as apricots, apples, grapes, pears and pomegranate are widely produced in this region. Dried fruits and nuts are also produced in this region. This region is ideal for growth of temperate fruits and vegetable and has a low insect, disease, and pest population.

Malik Tahir Javaid said that the other sectors in which there is a tremendous potential to invest in Gilgit-Baltistan are food and beverages, healthcare, recreation, travel services, skill development, mineral processing units, hydropower IPPs, handicrafts and retail.

He urged the Government of Pakistan to address the constitutional status needs of the Gilgit-Baltistan according to the wishes of the people of Gilgit-Baltistan. They do not have any representation in parliament. It is their demand that they should be declared constitutional citizens of Pakistan and Gilgit-Baltistan be made a full fledge province. The Government should also make sure that the people of Gilgit-Baltistan reap full benefits from CPEC.

The LCCI Senior Vice President Khawaja Khawar Rashid and Vice President Zeeshan Khlil called for value addition in precious and semi-precious stone sectors saying that it would give us more foreign exchange. They informed the CM GB that Lahore Chamber of Commerce and Industry is already working on establishment of airline.

For more information, contact:
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854
Website: www.lcci.org.pk

Pakistan Stock Exchange Limited Market Position on 21-12-2017

Karachi, December 21, 2017 (PPI-OT):


Market Position Printed On DEC-21-2017

Plus 204 Current 19368.11 38715.77 28524.79 65379.83 14951.65 19536.15 19486.93
Minus 148 Previous 19069.69 38208.06 28367.24 64504.46 14688.69 19483.21 19430.10
Unchanged 13 High 19390.65 38793.99 28567.85 65476.28 14999.03 19596.43 19511.34
Total 365 Low 18986.97 38016.00 28236.50 64065.69 14599.77 19469.29 19337.15
Net Change 298.42 507.71 157.55 875.37 262.96 52.94 56.83
Percentage 1.56 1.33 0.56 1.36 1.79 0.27 0.29

Current 179,631,020 6,928,864,234 8,214,995,754,155
Previous 129,652,650 4,942,477,730 8,167,396,064,854


Company Name Prv.Rate Opening Rate Closing Rate Highest Rate Low Rate Turnover
TRG Pak Ltd 26.60 26.68 27.93 27.93 25.77 14,980,000
Dewan Salman 2.20 1.20 1.20 1.44 1.20 13,359,500
D.G.K.Cement 112.74 112.74 115.40 117.00 110.00 8,807,800
Nishat Power 28.70 28.71 29.63 30.13 28.58 7,059,000
Dost Steels Ltd. 9.63 9.57 10.49 10.63 9.25 7,008,000
Fauji Cement 21.00 21.01 21.49 21.69 20.52 6,655,500
Dewan Motors 24.15 24.20 25.13 25.34 22.95 5,586,000
Lotte Chemical 6.00 6.00 6.06 6.17 5.77 5,169,500
B.O.Punjab 7.81 7.88 8.03 8.20 7.80 4,746,000
Azgard Nine 14.01 14.05 14.11 14.45 13.66 4,448,000


Company Name Increased By Closing Rate Company Name Decreased By Closing Rate
Hinopak Motor 39.00 1010.00 Nestle PakistanXD 565.01 11499.99
Murree Brewery 34.40 722.40 Wyeth Pak Ltd 64.51 1238.70

Current 39,142,000 Minus 1
Previous 49,582,600 Unchanged 0

Company Name Prv. Rate Opening Rate Closing Rate Highest Rate Low Rate Turnover
TRG-DEC 26.73 26.51 28.03 28.06 25.80 21,989,500
PAEL-DEC 43.15 43.20 45.30 45.30 42.23 3,703,500
ATRL-DEC 213.71 214.90 220.20 222.50 207.25 2,923,000
ISL-DEC 88.35 89.99 92.76 92.76 87.00 1,903,500
DGKC-DEC 112.96 113.00 115.96 117.00 110.55 1,684,500

For more information, contact:
Senior Manager
Public Relations
Pakistan Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@psx.com.pk
Web: www.psx.com.pk