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Showing posts from December 24, 2008

About Us - Al-Noor Sugar Mills

Company Information Al-Noor Sugar Mills Limited is a public company incorporated in Pakistan under the Companies Act, 1913 (now Companies Ordinance, 1984). Its shares are quoted on Karachi and Lahore Stock Exchange in Pakistan and is principally engaged in the production and sale of refined sugar and medium density fiber board. Mission Statement To gain strength through industry leadership in the manufacturing and marketing of sugar and Lasani Wood and to have a strong presence in these product markets while retaining the options to diversify in other profitable venture. To operate ethically while maximizing profits and satisfying customers needs and stake holder's interests. To assist in the socio economic development of Pakistan especially in the rulra areas through industrial expansion and development.

About Us - Al-Abid Silk Mills

In today’s competitive & fast moving business environment, product quality & organizational attitudes are what make Al-Abid standout, Al-Abid Silk Mills Ltd has been producing high quality fabrics since 1968, Over the passage of years, we have built a reputation matched by few others in the industry. Our excellence is recognized not only by our customers but also by official authorities for quality standards. ISO 9000 & Okotex 100 certification further endorse our unswerving commitment to quality and excellent quality output. With over 30 years of operations in textile, Al-Abid has built a global reputation of excellence.

Al-Abbas Cement Industries Ltd.

MISSION AL-ABBAS CEMENT INDUSTRIES LIMITED aims to be recognized nationally and internationally as a successful cement producer. VISION To become a profitable organization and exceeds the expectations of our customers and stockholders by producing and marketing competitive and high quality products through concentration on quality, business values and fair play. To promote best use and development of human talent in a safe environment, as an equal opportunity employer and use advance technology for efficient and cost effective operation.

Agriauto Industries Ltd.

Agriauto Industries Limited is a public limited company incorporated in 1981 and quoted on the stock exchange. The company is one of the leading automotive components manufacturers in the private sector and the first company in Pakistan to acquire TS16949 certification. Technical Collaborations with leading international companies have added to the company's technical versatility. The product range covers both original equipment manufacturers (OEM) and after market. Quality control is maintained at all stages of manufacturing. The company follows international standards i.e. B.S.S., S.A.E, ASTM, JIS, ISO & TS-16949, as the basis of quality control program. Agriauto's production lines are backed by well-equipped standard room and have persistently sought to consolidate technological and product excellence. Agriauto is a part of the prestigious House of Habib Group.

About Us - Abbott Laboratories (Pakistan ) Ltd.

We are a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Our products span the continuum of care, from nutritional products and laboratory diagnostics through medical devices and pharmaceutical therapies. Our comprehensive line of products encircles life itself – addressing important health needs from infancy to the golden years. With over 70,000 employees worldwide and a global presence in more than 130 countries, Abbott is committed to improving people's lives by providing cost effective health care products and services that consistently meet the needs of our customers. Abbott Pakistan is part of the global healthcare corporation of Abbott Laboratories, Chicago, USA. Abbott started operations in Pakistan as a marketing affiliate in 1948; the company has steadily expanded to comprise a work force of over 1500 employees. Currently two manufacturing facilities located at Landhi and Korangi in Karachi cont...

Pakistan Stocks Tumble Eighth Day on Default Concerns

Bloomberg Report Pakistan stocks tumbled for an eighth day on growing concern brokerages may be forced out of business. Trading was suspended yesterday for 20 firms at risk of defaulting on share transactions after a court ordered the nation's 200 brokerages to provide 50 million rupees ($634,000) each in bank guarantees to keep operating, said Mohammed Shoaib Memon, a board member of the National Clearing Co., which handles all equity deals in the country. “If defaults happen on that scale, it will worsen sentiment, which is already negative,” Dawood Jan Muhammed, one of 10 directors at the exchange, said in a telephone interview late yesterday. “Then again, what can be worse than current market conditions?” Equities have been falling since the stock exchange, the target of investor protests in July after the worst market tumble in 18 years, ended four-month-old trading curbs on Dec. 15. The benchmark Karachi 100 index dropped 1.5 percent to 6824.04 as of 11:05 a.m. local time tod...

Tension over Indo-Pak relations claims 293 points at KSE

KARACHI: The Karachi stock market continued to witness selling pressure on Tuesday on account of uncertainty over Pakistan and India relations, which propelled investors to offload their holdings, analysts said. Traders said besides selling activities, the fear of broker defaults in payment of mark up to market losses remained a major concern for investors also. The Karachi Stock Exchange (KSE) 100-share shed a massive 293.31 points as it closed at 6,924.15 points as compared with 7,217.46 points traded in the previous session. The KSE 30 index also lost 376.32 points and closed at 6,919.24 points compared to 7,295.56 points of the previous session. KMI 30 index declined by 400.89 points to close at 8,044.33 points as against 8,445.22 points of the previous session. The market turnover went down up by 4.57 percent and traded 26.72 million shares as compared to previous session’s 28.00 million shares. The overall market capitalisation decreased by 3.83 percent and closed at Rs 2.155 tri...