Reliance Cotton Spinning Holds Steady in Market

Karachi, Reliance Cotton Spinning (RCML) maintained its opening stock price throughout the trading day. The company’s shares, both opening and closing at PKR 575.00, saw a total of 102.92 shares traded. Established in 1993, RCML remains an active player in the textile industry.

Fauji Cement Company Limited to Hold 15th Board Meeting on February 26, 2024

Karachi, Fauji Cement Company Limited (FCCL) has announced its intention to convene the 15th Board Meeting at their Company Head Office located at Block-III, 68 Tipu Road, Chaklala, Rawalpindi on Monday, February 26, 2024, at 10:00 AM. The primary agenda for this meeting will be the consideration, approval, and adoption of the half-yearly accounts, accompanied by the Directors’ Review for the period that concluded on December 31, 2023.

In compliance with the regulations outlined in clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited, FCCL has officially declared a “Closed Period” from February 20, 2024, to February 26, 2024, encompassing both dates. During this stipulated timeframe, no Director, CEO, or Executive within the company is permitted to engage in any direct or indirect transactions involving FCCL shares.

FCCL has requested the Pakistan Stock Exchange Limited to notify its members accordingly regarding the Closed Period and the upcoming board meeting.

Pakistan Petroleum (Preference) Records Minimal Trading Activity

Karachi, Pakistan Petroleum (Preference) (PPLPS) has reported minimal activity for the fiscal year ending February 1, 2024. The company, which did not trade its shares, declared a dividend of 20%, with an additional 25%. This announcement comes despite the absence of trading activity in the company’s shares for the year.

Ghani Global Holdings Limited Calls for Extraordinary General Meeting

Karachi, Ghani Global Holdings Limited has issued a notice of an Extraordinary General Meeting (EGM) in compliance with Regulation No. 5.6.9(b) of the Rule Book of the Pakistan Stock Exchange. The EGM is scheduled to take place on February 24, 2024, at 11:30 A.M. at the company’s registered office located at 10-N, Model Town, Lahore.

The notice for the EGM has been dispatched to the shareholders in accordance with regulatory requirements. During the meeting, various matters of importance will be discussed and decisions will be made as necessary. Shareholders and stakeholders are encouraged to attend or participate as required.

Ghani Global Holdings Limited is committed to transparency and adherence to corporate governance standards while keeping its investors and the public informed about important developments.

Fauji Foods to Host Corporate Briefing Session Online

Karachi, Fauji Foods has announced it will be hosting a Corporate Briefing Session on Tuesday, February 6, 2024, at 4:15 PM, accessible online to all interested participants. This session aims to provide insights into the company’s performance, strategies, and future outlook, fostering transparency and engagement with stakeholders.

The briefing will be held via a video link, allowing participants to join remotely from any location. Interested individuals can access the session through the link provided at https://www.kasb.com/ffl-webinar. Furthermore, the company has ensured that the presentation and video link for participation will be made available on Fauji Foods’ official website at www.faujifoods.com, ensuring that all stakeholders have the opportunity to engage and receive updates directly from the company’s leadership.

Accompanying the announcement is a corporate flyer, which details the agenda and objectives of the briefing session, designed to cater to the informational needs of investors, analysts, and the general public interested in Fauji Foods’ corporate journey and market positioning.