Monday, November 21, 2011

Ittehad Chemicals merger with Chemi Chloride Industries

Karachi: 1. You have requested us to provide 300 printed copies of the Scheme of Amalgamation/Merger. In this regard, we would like to inform you that the Merger Petition of CCIL with and into ICL (the “Petition’) shall be filed in the Honourable Lahore High Court in the very near future. The Scheme of Arrangement has not been finalized and its draft copy has been provided to you vide our letter No. ICL/SCY-3/80 dated September 30, 2011. The printed copies of the Scheme of Amalgamation/Merger shall be provided to you as soon as, subject to its finalization.
Read more »

Tuesday, November 15, 2011

Kraft Foods Pakistan Limited to purchase all assets of Clover Pakistan relating to the Tang brand

Karachi: Clover Pakistan Limited (CLOV) has received from Kraft Foods Pakistan Limited a non-binding offer to purchase all assets of Clover Pakistan relating to the manufacture, marketing and sale of Tang including the manufacturing facilities, together with the goodwill of the business.
Read more »

Friday, November 4, 2011

Wazir Ali Industries Limited - Buy Back of Shares and subsequent Delisting

Wazir Ali Industries Limited’s material information

Karachi: In accordance with Listing Regulation No30-A of the Listing Regulations of the Karachi Stock Exchange (Guarantee) Limited, we are pleased to convey the following information:
 
The Board of’ Directors in its meeting held on October 28, 2011 have unanimously resolved as under:
Read more »