Daily Archives: August 17, 2018

Board of directors meeting of Highnoon Laboratories Limited

Karachi, Highnoon Laboratories Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 2018 at Lahore. 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 18, 2018 to August 27, 2018.

Highnoon Laboratories Limited was incorporated in March 1984 as a Private Limited Company in the historical and cultural city of Lahore, Pakistan. It became Public Limited Company in 1995 and the shares of the Company are listed on all the stock exchanges of Pakistan.

Right from its inception, alliance with some of the best-known research houses of the global pharmaceutical industry were forged by Highnoon. These alliances coupled with aggressive yet ethical marketing activities enabled Highnoon to become the first pharmaceutical Company of Pakistan origin to be in the top twenty league of Pakistan pharmaceutical industry.

Equally responsible for Highnoon’s success is the unshakeable consumer confidence that the Company has been able to build on the quality of its products manufactured in its ISO 9001:2008 approved facility.
Highnoon is continuously re-aligning its portfolio to ensure that it is able to harness opportunities. At the same time, the Company is modernizing its plant, by investing in new equipment and technology to upgrade its manufacturing facilities to comply with ‘Current Good Manufacturing Practices (cGMP)’.
Highnoon’s therapeutic focus in Cardiology, Gastroenterology, Respiratory and Diabetics has led to the development of franchises, which are now the most admired in the healthcare industry. Highnoon has since then, marched ahead introducing state of the art products and setting new trends.

The symbol “HINOON” is being used by the stock exchange for the shares of Highnoon Laboratories Limited.

Board of directors meeting of Bank Alfalah Limited

Karachi, Bank Alfalah Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 26, 2018 at Abu Dhabi. The agenda of the meeting will to consider the 2nd Quarterly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 17, 2018 to August 27, 2018.

Bank Alfalah Limited was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan. The bank has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi.

The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing.

The symbol “BAFL” is being used by the stock exchanges for the shares of Bank Al-Falah Limited.

Board of directors meeting of Sanofi – Aventis Pakistan Limited

Karachi, Sanofi – Aventis Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 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 20, 2018 to August 27, 2018.

Sanofi – Aventis Pakistan Limited was incorporated in Pakistan in 1997as a Public Limited Corporation. The foundations of the company have been laid under the Companies Ordnance, 1984. The company is engaged in the manufacturing and sale of pharmaceutical and consumer products. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The site of the company is organized in four specialized and autonomous business units which aid the company with the manufacturing process. The manufacturing products of the company range from oral solids and liquid dosage forms to highly technical and sophisticated sterile products.

The symbol “SAPL” is being used by the stock exchanges for the shares of Sanofi – Aventis Pakistan Limited.

Board of directors meeting of National Bank of Pakistan

Karachi, National Bank of Pakistan informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 29, 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 20, 2018 to August 29, 2018.

National Bank of Pakistan was incorporated in Pakistan under the National Bank of Pakistan Ordinance, 1949. The bank is engaged in providing commercial banking and related services in Pakistan and overseas. It also handles treasury transactions for the Government of Pakistan as an agent to the State Bank of Pakistan. The operational branches of the bank in Pakistan are 1,342 and 23 overseas branches including the Export Processing Zone branch in Karachi. The bank also provides services as trustee to National Investment Trust, Long-Term Credit Fund and Endowment Fund for student loans scheme. The registered office of the bank is located in Karachi. The shares of are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan.

The bank has transformed from a public sector organization into a commercial bank. The services are available for individuals, corporate entities and government. Besides the presence of the bank as an agent to the State Bank of Pakistan it has significant penetration in the debt equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services and showing interest in the development and promoting interest in the development of small and medium enterprises of the country. The operations of the bank have been partially privatized. Some of the activities are state owned and some are privately owned. The core products of the bank are premium amdani, premium saver, saibaan, advance salary, cash card, investor advantage, kisan taqat, kisan dost and cash and gold.

The subsidiaries of the bank are Taurus Securities Limited, NBP Exchange Company Limited, NBP Capital Limited, NBP Modaraba Management Company Limited, and CJSC Bank, Almaty, Kazakhstan. It has also recently opened a subsidiary in Dushanbe, Tajikistan. The joint ventures include, United National Bank of UK, First Investment Bank and NAFA, an Asset Management Company which is a joint venture with NIB Bank and Fullerton Fund Management of Singapore.

Board of directors meeting of Soneri Bank Limited

Karachi, Soneri Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 28, 2018 at Lahore. 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 20, 2018 to August 28, 2018.

Soneri Bank Limited was incorporated in Pakistan on September 28, 1991 as a public limited company under the Companies Ordinance, 1984. The bank operates in retail banking, Islamic banking and corporate and investment banking. It is engaged in banking services as described in the Banking Companies Ordinance, 1962. It has a branch network of 239 branches including nine Islamic banking branches in Pakistan. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges in Pakistan. The registered office of the company is situated at Lahore.

The symbol “SNBL” is being used by the stock exchanges for the shares of Soneri Bank Limited.

Board of directors meeting of Sindh Modaraba Management Limited

Karachi, Sindh Modaraba Management Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 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 17, 2018 to August 27, 2018.

Sindh Modaraba is a perpetual, multi-dimensional non-trading modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Sindh Modaraba is managed by Sindh Modaraba Management Ltd., a company 100% owned by Government of Sindh.

The registered office of the Sindh Modaraba Management Ltd. is 1st floor, Imperial Court, Dr. Ziauddin Ahmed Road, Karachi. The Modaraba is primarily engaged in the business of Ijarah, Musharakah and Murabahah financing, Investment in marketable securities and other related businesses.

The symbol “SINDM” is being used by the stock exchange for Sindh Modaraba Managment Limited.