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YEAR DELISTED COMPANIES DATE OF DELISTING PAID UP CAPITAL 2008 Fayzan Manufacturing Modaraba *** 25/01/2008 900.000 Kashmir Edible Oils Limited *** 31/03/2008 80.000 * Delisted after completing formalities of buy back of shares.** Pursuant to the conversion of a Close-end Mutual Fund into an Open-end Mutual Fund*** Members' Voluntary Winding Up YEAR DELISTED COMPANIES DATE OF DELISTING PAID UP CAPITAL 2007 Dawood Fibre Mills limited * 12/02/2007 119.430 Haroon Oils Limited * 19/03/2007 8.000 Ahmed Spinning Mills Limited * 18/06/2007 4.000 AKD Index Tracker Fund ** 02/07/2007 750.000 Sarhad Cigarette Industries Limited * 06-08-2007 6.000 Noon Textile Mills Limited * 01-11-2007 20.000 * Delisted after completing formalities of buy back of shares.** Pursuant to the conversion of a Close-end Mutual Fund into an Open-end Mutual Fund YEAR DELISTED COMPANIES DATE OF DELISTING PAID UP CAPITAL 2006 Tobacco Internation Limited * 27/08/2006 8.000 Associated Industries Limited * 10/10/2006 9.6

On a September evening when many of Pakistan’s 165 million people were breaking their fast during the holy month of Ramadan, billionaire Mian Mohammad Mansha, the country’s richest man, was deciding whether to buy an Indonesian bank.A phone call to his Lahore office interrupted him: Turn on the television, his son Hassan implored. The Marriott Hotel in Islamabad was in flames after terrorists had detonated a truck packed with explosives. The blast, in a security zone less than a kilometer from the presidential residence, killed 53 and injured 266. “It was terrifying,” says Mansha, 61, chairman of the Nishat Group financial, textile and cement-making empire, who says he stays at the Marriott when he’s in the capital. Just hours before the blast, Asif Ali Zardari, had vowed to rid the country of the “cancer” of terrorism. As Pakistan battles extremist-inspired violence and its worst economic crisis in a decade, Mansha says he’s keeping Nishat Group’s expansion on track.At home, where hi

After braving the initial pangs of conversion from a public entity to a private body, PTCL has earned a profit of Rs. 3.2 billion on a revenue income of Rs. 16.6 billion during the first quarter of the current fiscal year. PTCL spokesperson revealed here Wednesday that PTCL is Pakistan’s largest converged services carrier, providing all telecommunication services from basic voice telephony to data, internet, video-conferencing and carrier services to consumers, including telecom operators, and the corporate sector all over the country. .It also provides wireless telephone service to cities and most of the villages in Pakistan. Committed to deliver all the modern technologies used around the world to its customers, PTCL management introduced, on August 14 this year, Interactive Protocol Television (IPTV) service in four major cities of Pakistan and five major cities of Azad Jammu and Kashmir.He said that IPTV is a system where a customer can get TV, phone and Internet service in a singl

Lacklustre trading activities prevailed unabatedly at the Karachi stock market on Wednesday as the economic turmoil and tight monetary policy of SBP remained a concern for investors, analysts said.The Karachi Stock Exchange (KSE) 100-share index remained unchanged at 9,187.10 points. However, the KSE 30 index shed 23.12 points and closed at 9958.81 points as compared to 9981.93 points of the previous session. The KMI 30 index also remained unchanged at 11,224.18 points respectively. The market turnover lost 108.12 percent and traded 0.041 million shares as compared to 0.197 million shares traded in the previous session. The overall market capitalisation declined by 0.07 percent and traded Rs 2.818 trillion as against Rs 2.820 trillion traded in the previous session. Out of 17 companies, two closed in the positive zone, six in negative while nine remained unchanged. Analysts said that the depressed activities are expected to continue, as the bailout funds would take time for the IMF app

Atlas Bank Limited has been assigned corporate governance rating of CGR-7 by JCR-VIS Credit Rating Company Limited on Wednesday. The rating denotes a 'moderately high level of corporate governance'. Atlas Bank is the first bank in the private sector to have initiated a corporate governance rating exercise. Speaking at the occasion, Chief Executive, Atlas Bank Limited Aziz Rajkotwala said, "It gives me great pride in announcing that Atlas Bank has received a corporate governance rating of CGR-7. We've been focused on providing the best corporate practices through efficient and transparent banking."