Daily Archives: August 10, 2018

Football boys from all over the world play together in Shenyang

SHENYANG, China, Aug. 10, 2018 /Xinhua-AsiaNet/ — The fourth “Peace Cup” International Juvenile Football Tournament hosted by Shenyang municipal government kicked off on August 5. The event gathered 202 teams from 13 countries and regions with more than 4,000 young friends of different colors and languages in Shenyang to share the charm and joy of football.

Football is universally acknowledged as the “first sport”. The development of juvenile football is the basic project to achieve China’s football dream and build a strong country in sports. In these years, Shenyang municipal government has attached great importance to the development of football. To actively support the popularization and improvement of the football sport, the “Peace Cup” — an international juvenile football brand competition has been elaborately created. After several years of cultivation and development, the “Peace Cup” has become a bridge to spread the football culture and promote civil diplomacy.

The “Peace Cup” will last for 7 days, teams of 46 cities from 13 countries and regions, including the United States, Croatia, South Korea, Malaysia, Slovakia, Thailand, Vietnam, Serbia and Pakistan, attended this competition. The young players will compete for nearly 700 matches in Shenyang “Gothic Cup” World Football Park, communicating skills and building friendships.

Source: Shenyang Municipal Government

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Board of directors meeting of Cyan Limited

Karachi, Cyan Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2018 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 13, 2018 to August 20, 2018.

Cyan Limited is a public limited company incorporated in Pakistan on April 23, 1960. The foundations of the company are laid under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is a subsidiary of the Dawood Group Limited. The company is engaged mainly in providing funding to Cyan Capital for its private equity investments. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The company is in the phase of restructuring the operations so that new business platforms and dimensions can be explored. On November 30, 2011 the insurance license of the company was also revoked by the Securities and Exchange Commission of Pakistan. The associate companies of Cyan Limited Include Dawood Hercules Corporation Limited, DawoodLawrencepur Limited, Dawood Corporation Private Limited, Elixir Securities Pakistan Private Limited, Sach International Private Limited, Dawood Industries Private Limited, Patek Private Limited, Pebbles Private Limited, Inbox Technologies Private Limited, Engro Corporation Limited, ABL Assets Management Company Limited, UBL Funds Manager.

The symbol “CYAN” is being used by the stock exchange for the shares of Cyan Limited.

Board of directors meeting of Bestway Cement Limited

Karachi, Bestway Cement Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 17, 2018 at Islamabad. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 10, 2018 to August 17, 2018.

Bestway Cement Limited is a public limited company incorporated in Pakistan on December 22, 1993. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is production and sale of cement. The products in which the company deals are Ordinary Portland Cement, Sulphate Resistant Cement, Quick Setting Cement, Low Alkali Ordinary Portland Cement and Clinker. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Islamabad.

The symbol “BWCL” is being used by the stock exchanges for the shares of Bestway Cement Limited.

Board of directors meeting of TPL Corporation Limited

Karachi, TPL Corporation Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 17, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 10, 2018 to August 17, 2018.

TPL Corp Ltd. is the investment holding company of the TPL Group with investments across the insurance, real estate, transport, security, technology, vehicle and container tracking, navigation and mapping solutions and financial sectors.

Board of directors meeting of Askari Life Assurance Company Limited

Karachi, Askari Life Assurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 17, 2018 at Rawalpindi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 10, 2018 to August 17, 2018.

Askari Life Assurance Company Limited, formerly East West Life Assurance Company Limited, is a Pakistan-based company, which is engaged in life and health insurance business. The Company extends individual life insurance, and group or corporate life, accidental and health insurance to companies across Pakistan. Its segments are ordinary life, universal life, and accident and health. Its ordinary life segment provides life assurance coverage to individuals under conventional policies issued by the Company, and members of business enterprises, and corporate entities under life insurance schemes issued by the Company. Its universal life segment provides life assurance coverage to individuals under universal life policies issued by the Company. Its accident and health segment provides health coverage to individuals members of enterprises, corporate entities and common interest groups under health insurance schemes. Its products include individual life and accident insurance plans.

Board of directors meeting of Hascol Petroleum Limited

Karachi, Hascol Petroleum Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 13, 2018 to August 20, 2018.

Hascol Petroleum Limited is engaged in the purchase, storage and sale of petroleum products such as Fuel Oil, High Speed Diesel, Gasoline, Jet A-1, LPG and Lubricants.

The company was incorporated in 2001 under the 1984 companies’ ordinance, primarily to take advantage of the petroleum sector deregulation and undertake a programme for owning, leasing and renting oil storage facilities as well as importing petroleum products for its own account.

In February 2005 Hascol was granted a full marketing license by the Government of Pakistan and since then, Hascol has been engaged in developing a retail network under HASCOL brand and by 31st December 2014 we will have commissioned over two hundred and fifty retail outlets, in the four provinces of Pakistan and Azad Kashmir. This number will rise to 300 by the end of 2015.

Prior to the incorporation of the company, the main personnel have been involved in the Pakistan oil industry for over thirty years, dealing with imports and marketing of refined products such as Gasoil, Fuel Oil, Kerosene, Gasoline and Base Oil. Hascol Petroleum Limited has, independently or through its associated company Hascombe Limited, extensive links with the domestic and international oil trading companies.

The symbol “HASCOL” is being used by the stock exchanges for the shares Hascol Petroleum Limited.