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View of These Submission He Has Prayed for Allowing the Listed Application
IN THE HIGH COURT OF SINDH AT KARACHI Suit No. 1404 of 2019 Plaintiff: Abdul Rashid Shaikh Through Dr. Shah Nawaz, Advocate. Defendants: M/s. National Refinery Ltd. & another Through Mr. Javed Ashgar Awan, Advocate. For hearing of CMA No. 11475/2019. Dates of hearing: 29.10.2019, 12.11.2019, 17.12.2019 & 20.12.2019. Date of order: 20.12.2019 O R D E R Muhammad Junaid Ghaffar, J. Through this Suit for Declaration, Injunction and Damages, the Plaintiff seeks reinstatement in service with Defendant No.1 by impugning Letter dated 11.06.2019, whereby, the Plaintiff has been retired pre-maturely. 2. Learned Counsel for the Plaintiff submits that the Plaintiff was initially employed vide Appointment Letter dated 01.09.1992 with State Petroleum Refining & Petrochemical Corporation (Pvt.) Ltd. (“PERAC”) and was thereafter transferred / absorbed in Defendant No.1 vide Letter dated 12.11.1994; that the Plaintiff has worked for 29 years of service, whereas, time and again his services have been appreciated and there is no allegation of any misconduct; that four years of his service were left when he was retired prematurely through impugned letter; that in the terms of appointment as well as the governing rules of service relationship, there is no provision for an early retirement; that neither any notice was ever issued to the Plaintiff nor an opportunity was provided; that the conduct of the Defendants is in violation of the principles of natural justice 2 including violation of Article 10-A of the Constitution; that the Defendants ought to have exercised discretion within certain parameters, and procedure should have been followed like issuance of a Show Cause Notice and conducting some inquiry; that it is a matter of exploitation employed by the Defendants to the very detriment of the Plaintiff and in view of these submission he has prayed for allowing the listed application. -
December 2011 2Nd Quarter
growth through energy THE HUB POWER COMPANY LIMITED UNAUDITED QUARTERLY FINANCIAL STATEMENTS FOR THE SECOND QUARTER / HALF YEAR ENDED DECEMBER 31, 2011 Vision To be an energy leader – committed to deliver growth through energy. Mission To be a dynamic and growth – oriented energy company that achieves the highest international standards in its operations and delivers a fair return to its shareholders, while serving the community as a caring corporate citizen. C O N T E N T S THE HUB POWER COMPANY LIMITED PAGE Company Information 1 Report of the Directors 3 Auditors’ Review Report to the Members 5 Condensed Interim Unconsolidated Profit & Loss Account 7 Condensed Interim Unconsolidated Statement of 8 Comprehensive Income Condensed Interim Unconsolidated Balance Sheet 9 Condensed Interim Unconsolidated Cash Flow Statement 10 Condensed Interim Unconsolidated Statement of Changes in Equity. 11 Notes to the Condensed Interim Unconsolidated Financial Statements 12 THE HUB POWER COMPANY LIMITED and its Subsidiary Company Report of the Directors on the Consolidated Financial Statements 17 Condensed Interim Consolidated Profit & Loss Account 18 Condensed Interim Consolidated Statement of Comprehensive Income 19 Condensed Interim Consolidated Balance Sheet 20 Condensed Interim Consolidated Cash Flow Statement 21 Condensed Interim Consolidated Statement of Changes in Equity 22 Notes to the Condensed Interim Consolidated Financial Statements 23 COMPANY INFORMATION BOARD OF DIRECTORS M. A. Alireza H.I. (Chairman) Zafar Iqbal Sobani (Chief Executive) Dr. Fereydoon Abtahi Yousuf A. Alireza Robin A. Bramley Dr. Asif A. Brohi NBP Nominee Malcolm P. Clampin Taufique Habib Arshad A. Hashmi Qaiser Javed Iqbal Ahmed Khosa GOB Nominee Ali Munir Philippe F. -
Annual Report 2017 | 06 Notice of the Meeting
contents Company Information Company Information 06 Notice of the meeting 07 Corporate Governance Directors’ Profiles 11 Board of Directors 17 Chairman’s Message & Directors’ Report Chairman’s Message 21 Directors’ Report 23 Financial Review 31 Financial Summary 34 Financial Performance Indicators 2012-2017 35 Key Shareholding and Shares Traded 36 Pattern of Shareholding 38 Category of Shareholding 39 Shareholder Information 40 Our Brands Our Portfolio 43 Marketing Communication 47 Financial Statements Financials 55 Annexure 121 © 2017, Engro Foods All Rights Reserved. No part of this publication may be reproduced without the prior written permission of the publisher. company information company information Board of Directors Auditors Abdul Samad Dawood (Chairman) A. F. Ferguson & Company Ali Ahmed Khan (Chief Executive) Chartered Accountants Wim Torfs State Life Building No. 1- C Ghias Khan I.I. Chundrigar Road Heidi Van der Kooij Karachi - 74000, Pakistan. Jaska Marianne de Bakker Tel: +92(21) 32426682 -6 / 32426711-5 Johannes Petrus Fransiscus Laarakker Fax: +92(21) 32415007 / 32427938 Piet Johannes Hilarides Sabrina Dawood Share Registrar M/s. FAMCO Associates (Private) Limited Chief Financial Officer 8-F, Next to Hotel Faran, Block-6, PECHS, Imran Husain Shahrah-e-Faisal Karachi - Pakistan Tel: +92(21) 34380104-5, 34384621-3 Company Secretary Fax +92(21) 34380106 Muneeza Iftikar Registered Office Bankers 5th Floor, The Harbor Front Building HC-3, Marine Drive, Block - 4, Clifton Conventional Karachi - 75600, Pakistan. Allied Bank Limited Tel: +92(21) 35296000 (10 lines) Askari Bank Limited Fax: +92(21) 35295961-2 Bank Al-Falah Limited e-mail: [email protected] Bank Al-Habib Limited Website: www.engrofoods.com Citibank N.A. -
The Hub Power Company Limited 2
The Pakistan Credit Rating Agency Limited Rating Report Report Contents 1. Rating Analysis The Hub Power Company Limited 2. Financial Information 3. Rating Scale 4. Regulatory and Supplementary Disclosure Rating History Dissemination Date Long Term Rating Short Term Rating Outlook Action Rating Watch 21-Jun-2021 AA+ A1+ Stable Maintain - 29-Jun-2020 AA+ A1+ Stable Maintain - 27-Dec-2019 AA+ A1+ Stable Maintain - 27-Jun-2019 AA+ A1+ Stable Maintain - 27-Dec-2018 AA+ A1+ Stable Maintain - 29-Jun-2018 AA+ A1+ Stable Maintain - 22-Dec-2017 AA+ A1+ Stable Maintain - 20-Apr-2017 AA+ A1+ Stable Maintain - 20-Apr-2016 AA+ A1+ Stable Maintain - 29-Jun-2015 AA+ A1+ Stable Maintain - Rating Rationale and Key Rating Drivers The rating reflects the holding company character of Hubco with an exclusive focus on the different dimension of the energy sector. In addition to the investment book, Hubco itself is a large RFO based power plant. Hubco aims to expand generation capacity to boost the country's power generation by utilizing Pakistan's indigenous natural resources. Hubco is setting up two coal power plants (i) Thar Energy Limited (TEL): 330MW and (ii) Thalnova Power: 330MW, mine-mouth coal-fired power plants at Thar. Hubco also has an investment in Sindh Engro Coal Mining Company (SECMC) and China Power Hub Generation Co (CPHGC). Moving forward, Hubco is looking to explore growth opportunities in diversified areas including water desalination, renewable energy, upstream oil & gas, mining and infrastructure. Through Hub Power Holdings Ltd, a wholly owned subsidiary of Hubco, entered in JV agreement (50:50) with ENI, Pakistan’s employees to form Prime Int. -
List of Acronyms
List of Acronyms A ABL Allied Bank Limited AC Air Conditioner ACP Annual Credit Plan ACAC Agriculture Credit Advisory Committee ACD Agriculture Credit Department ADs Authorized Dealers ADB Asian Development Bank ADF Asian Development Fund ADP Annual Development Plan AFS Available For Sale AIDS Acquired Immune Deficiency Syndrome APCMA All Pakistan Cement Manufacturers Association APL Attock Petroleum Limited ARPU Average Revenue per User ASEAN Association of South East Asian Nations B BAFL Bank AlFalah Limited BHU Basic Health Unit BISP Benazir Income Support Programme BMR Balancing Modernization and Replacing BOC Bank of China BOP Balance of Payment BP British Petroleum BPO Business Process Outsourcing BPRD Banking Policy Regulation Department BPS Basis Points BSC Bahbood Saving certificates, Benazir Smart Cards BSD Banking Surveillance Department BSE Bombay Stock Exchange Bt Bacillus thuringiensis C CAD Current Account Deficit CAB Current Account Balance CAGR Compound Annual Growth Rate CAR Capital Adequacy Ratio CBR Central Board of Revenue, Crude Birth Rate CBD Conventions on Biodiversity CBU Completely Built Unit CCC Climate Change Convention CDA Capital Development Authority CDR Crude Death Rate CDC Central Depository Company CDNS Central Directorate of National Saving CDs Certificate of Deposits CDS Credit Default Swap CDWA Clean drinking Water for All CDWI Clean Drinking Water Initiative CFC Common Facilities Centers CFS Continuous Funding System CFSMK-II Continuous Funding System Mark II CIA Central intelligence Agency CIB Credit -
World Urged to Review Policy of Technology Denial to Developing Countries Chairman, Pakistan Atomic Energy Commis- Sion, Mr
SEPTEMBER - OCTOBER, 2003 47th Annual General Conference of International Atomic Energy Agency World urged to review policy of technology denial to developing countries Chairman, Pakistan Atomic Energy Commis- sion, Mr. Parvez Butt has urged the ad- vanced countries to take a fresh look at their policy of technology denial to developing countries. Addressing the 47th Annual Gen- eral Conference of International Atomic En- ergy Agency (IAEA), held in Vienna, Austria, from 16-19 September, 2003, he said that the embargoes and restrictions on transfer of advanced technologies is hampering the In- ternational Atomic Energy Agency’s efforts to transform the developing countries from de- pendence to self-reliance. Mr. Parvez Butt stressed that an important requirement of Pakistan, as a developing country, is access to equipment and material from the industrially advanced countries. However, various embargoes and restric- tions on the availability of such equipment act as an impediment in accelerating economic development of many countries, which have attained a certain level of advancement with the IAEA’s Technical Cooperation Pro- Mr. Parvez Butt, Chairman PAEC, addressing the 47th Annual General Conference of the IAEA in gramme. “This policy has not been result Vienna, Austria, on 17 September, 2003 as Head of the Delegation from Pakistan oriented in the past nor it would be in the future. We would like that Standing Advisory should deliberate on this matter and advise prominent countries in the developing world Group on Technical Cooperation (SAGTAC) the Agency on how to facilitate the transfer of where nuclear electricity can play a vital role technology from the advanced countries to in its economic development. -
S # ISIN CFI Code
CFI Code (as Per SECURITY S # ISIN SECURITY NAME SECTOR NAME SECURITY TYPE STATUS new ISO) SYMBOL 1 PK0000201019 ESVUFR EFU GENERAL INSURANCE LIMITED EFUG Insurance Ordinary Shares Listed 2 PK0000301017 ESVUFR HABIB INSURANCE COMPANY LIMITED HICL Insurance Ordinary Shares Listed 3 PK0000401015 ESVUFR HAYDARI CONSTRUCTION CO. LIMITED HADC Miscellaneous Ordinary Shares Listed 4 PK0000501012 ESVUFR K-ELECTRIC LIMITED KEL Power Generation & Distribution Ordinary Shares Listed 5 PK0000601010 ESVUFR MURREE BREWERY COMPANY LIMITED MUREB Food & Personal Care Products Ordinary Shares Listed 6 PK0000701018 ESVUFR USMAN TEXTILE MILLS LIMITED USMT Textile Composite Ordinary Shares Listed 7 PK0001101010 ESVUFR PREMIER INSURANCE LIMITED PINL Insurance Ordinary Shares Listed 8 PK0001201018 ESVUFR DAWOOD LAWRENCEPUR LIMITED DLL Inv. Bank/Inv. Companies/Securities Co. Ordinary Shares Listed 9 PK0001301016 ESVUFR GLAXOSMITHKLINE PAKISTAN LIMITED GLAXO Pharmaceuticals Ordinary Shares Listed 10 PK0001401014 ESVUFR HUSEIN INDUSTRIES LIMITED HUSI Textile Composite Ordinary Shares Listed 11 PK0001701017 ESVUFR HAFIZ LIMITED HAFL Textile Composite Ordinary Shares Listed 12 PK0001901013 ESVUFR JUBILEE GENERAL INSURANCE COMPANY LIMITED JGICL Insurance Ordinary Shares Listed 13 PK0002001011 ESVUFR PAKISTAN CABLES LIMITED PCAL Cables & Electrical Goods Ordinary Shares Listed 14 PK0002101019 ESVUFR PAKISTAN ENGINEERING COMPANY LIMITED PECO Engineering Ordinary Shares Listed 15 PK0002201017 ESVUFR THE PREMIER SUGAR MILLS & DISTILLERY COMPANY LIMITED PMRS Sugar & Allied -
List of Acronyms
List of Acronyms A ADB Asian Development Bank APCMA All Pakistan Cement Manufacturers Association APEDA Agricultural and Processed Food Products Export Development Authority AIDP-I Auto Industry Development Program I ARPU Average Revenue Per User B BOP Balance of Payment BoDs Board of Directors BISP Benazir Income Support Program BISPP BQPS Bin Qasim Power Station BQPS BSCs Behbood Savings Certificates Bt Bacillus thuringiensis BTU British Thermal Units C CAA Civil Aviation Authority CAB Current Account Balance CAGR Compound Annual Growth Rate CBO Congressional Budget Office CBU Completely Built Unit CCAC Cotton Crop Assessment Committee CCI Council of Common Interest CCOR Cabinet Committee on Restructuring CCS Consumer Confidence Survey CDNS Central Directorate of National Savings CEO Chief Executive Officer CFT Cubic feet CGO Customs General Order CLCV Cotton Leaf Curl Virus CMI Census of Manufacturing Industries CNG Compressed Natural Gas CPI Consumer Price Index CPS Credit to Private Sector CPPA Central Power Purchase Agency CSF Coalition Support Fund, Cash Settled Futures CY Calendar Year D DAP Di-ammonium Phosphate DBC Dollar Bearer Certificate State Bank of Pakistan Annual Report 2013-14 DHCL Dawood Hercules Chemical Limited DISCOs Distribution Companies DRAP Drug Regulatory Authority of Pakistan DSCs Defense Saving Certificates DS Debt Servicing DPC Drug Pricing Committee DRAP Drug Regulatory Authority of Pakistan E EAD Economic Affairs Division EBA Everything but Arms ECB European Central Bank ED External Debt EDL External Debt -
Airblue Flight 202
Air blue Flight 202 Airblue Flight 202 AP-BJB, the Airblue Airbus A321-231 involved in the accident, photographed at Manchester Airport on 24 June 2010, just over a month before the crash Accident summary Date 28 July 2010 Type Under investigation Margalla Hills, Pakistan Site 33°44′23″N 73°3′29″E 33.73972°N 73.05806°E Coordinates : 33°44′23″N 73°3′29″E 33.73972°N 73.05806°E Passengers 146 Crew 6 Fatalities 152 (all)[1] Survivors 0 Aircraft type Airbus A321-231 Operator Airblue Tail number AP-BJB Flight origin Jinnah International Airport, Karachi, Pakistan Destination Benazir Bhutto International Airport, Islamabad, Pakistan Airblue Flight 202 was a scheduled domestic passenger flight which crashed on 28 July 2010 near Islamabad, the capital of Pakistan, killing all 146 passengers and six crew aboard.[1][2][3] It is the deadliest air accident to occur in Pakistan to date.[4] The aircraft, an Airblue operated Airbus A321- 231 narrow-body jet airliner, crashed in the Margalla Hills north of Islamabad during a flight from Karachi's Jinnah International Airport to Benazir Bhutto International Airport.[5] Air traffic controllers reportedly lost contact with the flight crew during its attempt to land in dense fog and heavy monsoon rain.[6] [7] The accident was the first fatal crash involving an Airbus A321, a long variant of the Airbus A320 family of short to medium range airliners.[8] Based in Islamabad, Airblue is Pakistan's second largest airline with over 30% share of the domestic market. At the time of the accident the airline operated seven aircraft, all in the A320 family. -
SWOT Analysis
Assignment # 02 SWOT Analysis By Sohail Abbas Sp11-BEC-081 Section (A) Instructor Dr. Nazir A. Hawary Course Title Project Planning and Management Dated: 24th September 2014 COMSATS Institute of Information Technology Lahore Department of chemical engineering SWOT Analysis 1. History: In the 1960’s and 70’s, Albert Humphrey is said to have developed this strategic planning tool using data from the top companies in America at the time. Its basic organizing principles have remained largely unchanged in the field of strategic management. It is a systematic framework which helps managers to develop their business strategies by appraising their internal and external determinants of their organization’s performance [1]. 2. Definition of SWOT: A SWOT Analysis is a business analysis method that organization can perform for each of its products, services and markets when deciding on the best approach to achieve future growth. A SWOT Analysis is a tool which permits users to look at the direction a company or organization may wish to move towards in the future. SWOT Analysis looks at the strengths, weaknesses, opportunities and threats that are relevant to an organization in a new venture. A SWOT Analysis is a useful tool, which in conjunction with others can help make informed decisions. By specifying clear objectives and identifying internal and external factors that are either helpful or not, a short and simple SWOT analysis is a useful resource which may be incorporated into an organizations strategic planning model [2]. i. Strengths- Internal attributes those are helpful to the organization to achieving its objective. ii. Weaknesses – Internal attributes that are harmful to the organization to achieving its objective. -
1. Syed Khalid Siraj Subhani 2. Mian Asad Hayaud
PROFILE OF CANDIDATES WHO HAVE FILED THEIR INTENTION TO OFFER THEMSELVES TO CONTEST IN THE ELECTION OF DIRECTORS AT THE 11th EXTRAORDINARY GENERAL MEETING SCHEDULED TO BE HELD ON MARCH 17, 2021. 1. Syed Khalid Siraj Subhani Mr. Subhani is a Chemical Engineer with Executive Management Program from Haas School of Business, University of California, Berkeley and Leadership program from MIT, Boston. A seasoned executive, his career spanned over 33 years with Exxon Chemical Pakistan Limited, which subsequently became Engro Chemical Pakistan Limited and later Engro Corporation Limited. This included long term assignments with Esso Chemical Canada in Edmonton and at ICI site in Billingham UK. Over the years, he worked in numerous senior executive positions at Engro and played instrumental role in growth and diversification of the company to make it one of the largest business conglomerates of Pakistan. Prior to retirement from Engro he worked as President and Chief Executive Officer of Engro Corporation Limited, Engro Fertilisers Limited and Engro Polymer and Chemicals Limited. Mr. Subhani also served as President and Chief Executive Officer of ThalNova Power Thar Private Limited for a period of two years. Earlier Mr. Subhani also served on the board of Engro Corporation Limited (Director), Hub Power Company Limited (Director), Engro Foods Limited (Director), Sindh Engro Coal Mining Company Limited (Director), Laraib Energy Limited (Director), Engro Fertilisers Limited (Board Chairman), Engro Polymer and Chemicals Limited (Board Chairman), Engro Vopak Terminal Limited (Board Chairman), Thar Power Company Limited (Board Chairman), Engro Powergen Qadirpur Limited (Board Chairman), Engro Elengy Terminal (Private) Limited (Board Chairman) and Engro Eximp Agri Products (Private) Limited (Board Chairman). -
Capacity Building for Science and Technology (May 2003)
1 COMSATS’ Series of Publications on Science and Technology Capacity Building for Science and Technology May 2003 COMSATS Commission on Science and Technology for Sustainable Development in the South COMSATS Headquarters 4th floor, Shahrah-e-Jamhuriat, Sector G-5/2, Islamabad, Pakistan E-mail: [email protected], Website: www.comsats.org.pk Ph: (+92-51) 9214515, (+92-51) 9204892 Fax: (+92-51) 9216539 Capacity Building for Science and Technology Editors Dr. Hameed A. Khan Prof. Dr. M. M. Qurashi Engr. Tajammul Hussain Mr. Irfan Hayee Ms. Zainab H. Siddiqui Published: May 2003 Printed by: M/s Kamran Printers Copyright: COMSATS Headquarters No Part of this book may be reproduced or transmitted in any form or by any electronic means, including photocopy, xerography, recording, or by use of any information storage. The only excerptions are small sections that may be incorporated into book-reviews. This book is publihsed under the series title COMSATS’ Series of Publications on Science and Technology, and is number 1 of the series. Copies of the book may be ordered from : COMSATS Headquarters, 4th floor, Shahrah-e-Jamhuriat, Sector G-5/2, Islamabad, Pakistan E-mail: [email protected] Website: www.comsats.org.pk Ph: (+92-51) 9214515, (+92-51) 9204892 Fax: (+92-51) 9216539 Price: US$ 10 or equivalent, post-free Commission on Science and Technology for Sustainable Development in the South Capacity Building for Science and Technology CONTENTS PAGE # I PREFACE i 1 Support from Donor-Agencies: Optimal Use for Capacity-Building in 01 Developing Countries --- Tajammul Hussain and Hameed A.