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Financial results of Pak Elektron Limited for period ended September 30, 2014

Karachi, Pak Elektron Limited informed Karachi Stock Exchange about recommendations made by board of directors in the meeting held at Lahore on October 31, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for period ended September 30, 2014 which portrayed a profit of Rs. 1,614,204,000 and earnings per share 5.36 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.

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Pak Elektron Limited’s notice of extraordinary general meeting/ closure of share transfer books

Karachi, October 01, 2013 (PPI-OT): We enclose herewith copy of Notice of Extraordinary General Meeting to be held on Wednesday October 23, 2013 for record in your office. The share transfer books of the company will remain closed from October 15, 2013 to October 21, 2013 (both days inclusive). Notice of Extraordinary general meeting Notice is hereby given that an extraordinary general meeting of Shareholders of Pak Elektron Limited will be held on Wednesday October 23, 2013 at 11:00 a.m. at Factory Premises, 14-KM, Ferozepur Road, Lahore to transact the following business:- 1. To confirm the minutes of the extraordinary general meeting held on September 06, 2013. 2. To elect eight directors as fixed by the board under Sections 178 and 180 of the Companies Ordinance 1984 for a period of three years. The following Directors retire and are eligible for re-election: 1. Mr. M. Naseem Saigol 2. Mr. M. Azam Saigol 3. Mr. M. Murad Saigol 4. Mr. M. Zeid Yousuf Saigol 5. Mr. Haroon Ahmed Khan 6. Syed Manzar Hassan 7. Syed Zubair Ahmed Shah (NIT Nominee) Directors Appointed U/s 182 of the Company Ordinance 1984 shall continue and not to be retired: 1. Mr. Akbar Hasan Khan NBP Nominee 2. Mr. Khalid Siddiq Tirmizey BOP Nominee 3. Mrs. Tahira Raza NBP Nominee 4. Mr. Muhammad Khurram Khawaja NBP Nominee 3. Any other business with the permission of the Chair. Notes: 1. The share transfer books of the Company will remain closed from October 15, 2013 to October 21, 2013 (both days inclusive). Physical transfers/CDS transactions ID’s received in order at “Company Registrar office M/s Corplink (Pvt.) Limited” wings arcade, 1-K, Commercial Model Town Lahore on October 14, 2013 will e treated in time. 2. Any person who seeks to contest the election of Directors shall file with the Company at its registered Office, 17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore, not later than fourteen (14) days before the day of the meeting, his/her intention to offer himself/herself for election of directors in terms of section 178(3) of the companies Ordinance, 1984 along with his/her consent to act as director, if elected. Such consent should be accompanied by the following declaration: a. I am aware of my duties and powers under the relevant law(s) and the memorandum and articles of association of Pak Elektron Limited and the listing regulations of Stock Exchanges of Pakistan. b. I am not serving as director of more than seven other listed companies. c. I am a registered tax payer at NTN# d. I have not been convicted by a court of competent jurisdiction as a defaulter in payment of any loan to banking company, development financial institution or a non-banking financial institution or I being a member of a Stock Exchange have not been declared as defaulter by such Stock Exchange. e. Neither I nor my Spouse is engaged in the business of Stock Brokerage. 3. A member entitled to attend and vote at this meeting may appoint another member as his/her proxy. Proxies in order to be effective, must be received at 17-Aziz Avenue, Canal Bank Gulberg-V, Lahore, the registered office of the Company not later than forty-eight hours before the time for holding the meeting and must be duly stamped, signed and witnessed. 4. Members whose shares are deposited with Central Depository System (CDS) are requested to bring their original National Identity Cards or original passport alongwith their account numbers in CDS for attending the meeting. 5. Members are requested to notify the Company of any change in their addresses, if any. For more information, contact: M. Omer Farooq Company Secretary Pak Elektron Limited 17 – Aziz Avenue, Canal Bank, Gulberg – V, Lahore 54680, Pakistan. P.O. Box No. 675 Telephone: 92 – 42-5718274 – 77and 5717364 – 66, Fax: 92-42-5762707, 5717785 and 5715105, E-mail: saigolgroup@siagols.com

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Pak Elektron Limited’s despatch of letters of rights

Karachi, September 11, 2013 (PPI-OT): We are pleased to inform you that we have despatched the Letters of Right in marketable lots to all the shareholders by Registered Post. The last date of Payment/ Renunciation of the Letters of Right is 28-10-2013. Entitlements of Right of CDC Shareholders have already been credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited. For more information, contact: M. Omer Farooq Company Secretary Pak Elektron Limited 17 – Aziz Avenue, Canal Bank, Gulberg – V, Lahore 54680, Pakistan. P.O. Box No. 675 Telephone: 92 – 42-5718274 – 77and 5717364 – 66, Fax: 92-42-5762707, 5717785 and 5715105, E-mail: saigolgroup@siagols.com

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