Saturday, May 22, 2010

United Bank



United Bank Limited (UBL) is one of the largest commercial banks in Pakistan having more than 1,000 branches inside the country. Its 15 branches outside the country are in the United States of America, Qatar, UAE, Bahrain, and Republic of Yemen. It also has representative offices in Tehran, Iran, and Almaty, Khazakstan. It owns subsidiaries in the UK (United National Bank Limited), and in Zurich, Switzerland.

Sui Northern Gas


The Sui Northern Gas Pipelines Limited (SNGPL), is the largest integrated natural gas company in North & Central Pakistan through an extensive network in Punjab and North-West Frontier Province (NWFP). SNGPL was incorporated as a private limited Company in 1963 and converted into a public limited company in January 1964, and is listed on all the three Stock Exchanges of Pakistan. The Company has over 42 years of experience in operation and maintenance of high-pressure gas transmission and gas distribution systems. It has also expanded its activities to undertake the planning, designing and construction of pipelines, both for itself and other organizations.

SNGPL transmission system extends from Sui in Balochistan to Peshawar in NWFP.

Standard Chartered Bank



Chartered Bank (Pakistan) Limited is Pakistan's oldest and largest foreign commercial bank. It employs over 9000 people in its 162 branches in Pakistan.

PTCL

POL



Pakistan Oil Fields

PTC



Pakistan Tobacco Company

NIB Bank



The NIB Bank Limited (formerly NDLC-IFIC Bank Limited) was incorporated in March 2003 as a publicly listed company. In October 2003, all assets and liabilities and all rights and obligations of the former National Development Leasing Corporation ("NDLC") and Pakistan operations of IFIC Bangladesh were amalgamated with and into NIB Bank. In April, 2004 the Pakistan operations of Credit Agricole Indosuez (the Global French bank) were also amalgamated with and into NIB Bank.

In June 2005, Temasek Holdings of Hongkong through Bugis Investments (Mauritius) Pte. Limited acquired over 70 percent shares in the capital of NIB Bank. Presently NIB Bank has a countrywide network of 41 branches and 15 new branches were planned for 2007.

NIB Bank has recently acquired another local financial group, Pakistan Industrial Credit and Investment Corporation (PICIC), with nearly 170 branches. Together the bank have the 7th largest branch distribution in Pakistan, and place the bank in top-10 Pakistani banks in terms of Balance Sheet size and capital.

NBP


National Bank of Pakistan is the largest commercial bank operating in Pakistan . Its balance sheet size surpasses that of any of the other banks functioning locally. It has redefined its role and has moved from a public sector organisation into a modern commercial bank. The Bank's services are available to individuals, corporate entities and government. While it continues to act as trustee of public funds and as the agent to the State Bank of Pakistan (in places where SBP does not have a presence) it has diversified its business portfolio and is today a major lead player in the debt equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services and is showing growing interest in promoting and developing the country's small and medium enterprises and at the same time fulfilling its social responsibilities, NBP headquarters in Karachi, Pakistan with over 1,200 branches country wide. The bank provides both commercial and public sector banking services

Lucky Cement



Lucky Cement Limited is the largest cement producer in Pakistan. Its shares are traded on the Karachi Stock Exchange, and are part of the KSE 100 Index. Its symbol in the Karachi Stock Exchange (KSE) is 'LUCK'. The company's highest share price was PKR 147.00, on 18 April 2008

KAPCO



The Kot Addu Power Company Limited (KAPCO), was incorporated in 1996, location in Kot Addu, District Muzaffargarh, Punjab, Pakistan. Kot Addu Power Plant was built by the Pakistan Water and Power Development Authority (WAPDA). In April, 1996, Kot Addu Power Company was incorporated as a public limited company. Kot Addu Power produces 1,600 MW of electricity. On April 18, 2005 Kot Addu Power Company was formally listed on all three Stock Exchanges of Pakistan.

HUBCO



Hub Power Company Limited (HUBCO) is located at Hub, Lasbela District, Balochistan, Pakistan. The Hub Power Company is a large, private-sector power company and its 1,200 MW plant is located 60 km from Karachi in Hub. The electricity at HUBCO is generated by four 323 megawatt oil-fired units that are supplied by a 78km long pipeline from Pakistan State Oil (HUBCO, 1999b). In simple terms, electricity is produced when steam drives the steam turbine generator. The oil is burned in 4 large boilers to produce this steam.

Habib Metropolitan Bank



Habib Metropolitan Bank was incorporated in Pakistan as a Public Listed Company in 1992 under the name, Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking operations in October 1992. Metropolitan Bank, from October 1992 to September 2006, remained a highly rated bank and, vide it’s nationwide 51-branch on-line network, established as a distinguished provider of trade finance services. On October 26, 2006 Habib Bank AG Zurichs Pakistan Operations merged into Metropolitan Bank Limited and the merged entity was named Habib Metropolitan Bank Limited (HMB). Demonstrating a strong commitment to Pakistan economy, HBZ is the principal shareholder of HMB.

HMB operates in all major cities of the country. The Bank ranks within Top 10 in Pakistan with a strong vision to be the most respected Financial Institution. HMB has its primary focus on retail banking and trade finance and also offers highly innovative E-Banking solutions and Consumer Banking to its customers. The Bank’s Islamic Banking Division is fully capable of catering to customers seeking Shariah compliant products. The HBZ Group is heir to a rich tradition of banking and commerce dating back to more than 160 years. The group’s flagship and HMB’s principal, HBZ (incorporated 1967) enjoys International ranking of 687 in terms of capital. With Headquarters in Switzerland, the HBZ Group also operates in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and North America.

EFU Life Assurance

EFU General Insurance

DHC Limited



Dawood Hercules Chemicals Limited is a large manufacturer of urea fertilizer in Pakistan under the Bubber Sher brand name. The company was founded in 1971, and its plant is located near Sheikhupura in Punjab. Its shares are traded on the Karachi Stock Exchange, and are part of the KSE 100 Index. It is part of the Dawood Group.

Bank of Punjab



The Bank of Punjab functions as a scheduled commercial bank, with a network of 272 branches in major business centres throughout the country. It provides a wide range of banking services, including deposit in local currency; client deposit in foreign currency; remittances; and advances to business, trade, industry and agriculture. First Punjab Modaraba (FPM), a wholly owned subsidiary of the bank, was established in 1992 and is being managed by Punjab Modaraba Services (Pvt) Ltd.

Arif Habib Securities


Arif Habib Securities

Allied Bank


Allied Bank is located in Lahore, Punjab, Pakistan. It was established in 1942 before independence, Allied Bank Limited is one of the largest banks in Pakistan with 735 Branches connected to an online network. In August 2004 the Bank was restructured and the ownership was transferred to Ibrahim Group.

ABN AMRO Bank


ABN AMRO Bank N.V. is a Dutch bank, currently owned by RFS Holdings B.V., a consortium of Royal Bank of Scotland Group, the government of the Netherlands, and Banco Santander. The bank was created as the result of the 1990-91 merger between Amsterdam-Rotterdam (AMRO) Bank and ABN, whose history dated back to the founding of the Nederlandsche Handel-Maatschappij in 1824.

Between 1991 and 2007, ABN AMRO was one of the largest banks in Europe and had operations in about 63 countries around the world.

In the biggest banking takeover in history, a consortium comprising RBS, Fortis, and Banco Santander acquired ABN AMRO in 2007.

Due to the 2008 financial crisis, the Dutch government nationalised the divisions owned by Fortis, while the UK government is now in effective control over the divisions allocated to RBS due to its financial bail-out of the Scottish bank. The process of integrating some of ABN AMRO's divisions into the new owners, and divesting others, continues.

Friday, May 21, 2010

Adamjee Insurance



Adamjee Insurance

Kot Addu Power Company




The Kot Addu Power Company Limited (KAPCO), was incorporated in 1996, location in Kot Addu, District Muzaffargarh, Punjab, Pakistan. Kot Addu Power Plant was built by the Pakistan Water and Power Development Authority (WAPDA). In April, 1996, Kot Addu Power Company was incorporated as a public limited company. Kot Addu Power produces 1,600 MW of electricity. On April 18, 2005 Kot Addu Power Company was formally listed on all three Stock Exchanges of Pakistan.

POL



The Pakistan Oilfields Limited (POL), is a subsidiary of the Attock Group of Companies, was incorporated on November 25, 1950. In 1978, Pakistan Oilfields took over the exploration and production business of Attock Oil Company. Since then, Pakistan Oilfields has been investing independently. Pakistan Oilfields is a leading oil and gas exploration and production company listed on all the three stock exchanges of Pakistan.

Nestle



Nestle is the largest nutrition and foods company in the world, founded and headquartered in Vevey, Switzerland. Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, which was established in 1866 by brothers George Page and Charles Page, and the Farine Lactée Henri Nestlé Company, which was founded in 1866 by Henri Nestlé. The company grew significantly during the First World War and following the Second World War, eventually expanding its offerings beyond its early condensed milk and infant formula products. Today, the company operates in 86 countries around the world and employs nearly 283,000 individuals.

PSO



Pakistan State Oil (PSO) is the oil market leader in Pakistan. Its well established infrastructure, built at par with international standards, represents 82% of country’s storage

PTCL


Pakistan Telecommunication Company Limited (PTCL) is the largest telecommunication company in Pakistan. This company provides telephony services to the nation and still holds the status of backbone for country's telecommunication infrastructure despite arrival of a dozen other telcos including telecom giants like Telenor and China Mobile . The company consists of around 2000 telephone exchanges across country providing largest fixed line network. GSM, CDMA and Internet are other resources of PTCL, making it a gigantic organization. The Government of Pakistan sold 26% shares and control of the company to Etisalat in 2006. The Government of Pakistan retained 62% of the shares while the remaining 12% are held by the general public.
PTCL is also part of the consortium of three major Submarine communication cable networks: SEA-ME-WE 3, SEA-ME-WE 4 and I-ME-WE. In addition to wireline line operations, PTCL also provides fixed line service through its countrywide CDMA based WLL (Wireless Local Loop) network, under the Vfone brand name. In the cellular segment, the second largest cellular provider in Pakistan, Ufone, is also a wholly owned subsidiary of PTCL

PPL


Pakistan Petroleum Limited is a Pakistan based company, it was incorporated June 5, 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd. which initially holds 70% of the share with the rest mostly held by the Government of Pakistan (GoP). Currently, GoP hold 78.35% of the shares, International Finance Corporation (6.09%) and institutional and individual investors (15.56%).

The company is headquartered in Karachi. The two figureheads of PPL are MD and CEO [Mr. Khalid Rahman] and GMF and CFO [Mr. Kamran Wahab Khan]

Pakistan Petroleum Ltd is one Pakistan's leading E&P company, the oldest and largest Exploration and Production Company in the country was incorporated on 5th June 1950 subsequent to the promulgation of the Pakistan Petroleum Production Rules, 1949 with the main objective of conducting exploration, development and production of Pakistan's oil and natural gas resources. PPL inherited all the assets and liabilities of the Burmah Oil Company (Pakistan Concessions) Limited and commenced business on 1st July 1952.

PPL and its ex-parent Burmah Oil Company have been active in the subcontinent since the early part of the 20th century. A total of 239 wells including 65 exploratory and 174 appraisal / development wells have so far been drilled which resulted in the discovery of about 19.90 Tcf gas (both operated and non-operated leases). A gas condensate/oil field at Adhi with original recoverable reserves of 1,253 MT liquefied Petroleum Gas and 39.4 MMbbl of oil/condensate was also discovered by PPL.

The Company also operates a Baryte mine in Balochistan province. It produces oil well drilling grade Baryte powder from the mine, which has proven reserves of 1.25 million tones. For the year 2004-05, PPL's share of average production from its operated and non-operated fields was 953 MMcfd of gas, 1,372 bpd of oil/NGL and 26 tones per day of LPG. Production of gas from these fields meets about 25.1% of the country's indigenous production. The gas, LPG and NGL production from PPL operated and non-operated fields for the year 2004-05 in terms of oil equivalent, was about 171,205 barrels of crude oil per day.

The Company has a staff of about 2520 as at 31 May, 2006 employees with about 431 qualified technical staff in the fields of engineering, computer and earth sciences. PPL has well established IT department and all staff in the Head Office has access to computers and are interconnected through Local Area Network (LAN). The Wide Area Network (WAN) has also been established connecting PPL's three major producing fields and Regional Office in Islamabad with the Head Office at Karachi. The Company has implemented SAP in 2004 integrating core business processes using Costing, Finance, Human Resources, Materials Management, Plant maintenance and Project Systems modules.

The Government of Pakistan (GoP) in September 1997 purchased the entire equity interest of Burmah Castrol PLC, formerly Burmah Oil Company, in the Company (comprising 21 million ordinary shares of Rs.10 each) representing 63.91 percent of the Share Capital thereby increasing its holding in the Company to 93.35 percent. Subsequent to June 2004, the GoP has disinvested a portion of its equity in the Company equivalent to 15% of the paid up share capital of (i.e. 102.873 million shares of Rs.10 each) through an Initial Public Offering (IPO). The GoP has made a policy decision to privatize PPL and IPO is a significant step towards this direction.
A consortium led by Merrill Lynch International and KASB securities (Pvt) Limited have been appointed by the Privatization Commission (PC) as the Financial Advisor (FA) for the strategic sale of GoP's 51 % interest in the company. Five (5) parties were prequalified as potential bidders for the transaction. The Government of Pakistan continues to pursue the privatization process through sale of its majority interest in the Company to a strategic investor and remains committed to proceed with the transaction with a view to concluding the process at an early date.

The company operates major oil and gas fields including Sui gas field and has non-operating interests in other fields and has an interest in an exploration portfolio onshore and offshore. The company is now planning international exploration in partnership mode.

OGDCL


Oil and Gas Development Company Limited (OGDCL) is a state corporation of Pakistan. It was established in 1961 to prospect, refine and sell oil and gas in Pakistan.
By 1966, OGDCL had emerged as the dominant prospector in Pakistan with several significant discoveries in the Indus Basin.
In 1997, OGDCL was converted into a public limited company.
In 2005, the company reported a turnover of Rs.96,755 million.
On May 4th, 2006 the government of Pakistan appointed a Citigroup-led consortium to advise the state-run Privatisation Commission on the sale of 10 to 15 per cent (or 430 to 645 million shares) of the company. OGDCL is the second Pakistani company to have been listed at the London Stock Exchange.


OGDCL Headquarter Islamabad
During the fiscal year ended June 30, 2006 the Company made five oil and gas discoveries at Nim-1, Dars Deep-1, Tando Allah Yar North-1, Kunnar Deep-1 and Bahu-1. OGDCL's daily production, including share from joint ventures averaged 39,659 barrels (6,305.3 m3) of oil; 937 million cubic feet (26,500,000 m3) of gas, and 358 metric tons of liquefied petroleum gas. The Company holds exploration acreage comprising 40 exploration licenses covering an area of 75,905 square kilometers, including 16 exploration licenses covering an area of 28,066 square kilometers granted to OGDCL during fiscal 2006.
In early 2007, the company had a market capitalization of PKR 510.9 million in Karachi Stock Exchange. The company has 11,000 employees on its payroll.

Wednesday, May 19, 2010

FFCL


With a vision to acquire self - sufficiency in fertilizer production in the country, FFC was incorporated in 1978 as a private limited company. This was a joint venture between Fauji Foundation (a leading charitable trust in Pakistan) and Haldor Topsoe A/S of Denmark.



The initial authorized capital of the company was 813.9 Million Rupees. The present share capital of the company stands at Rs. 3.0 Billion. Additionally, FFC has Rs. 1.0 Billion stakes in the subsidiary Fauji Fertilizer Bin Qasim Limited (formerly FFC-Jordan Fertilizer Company Limited).

FFC commenced commercial production of urea in 1982 with annual capacity of 570,000 metric tons.

  • Through De-Bottle Necking (DBN) program, the production capacity of the existing plant increased to 695,000 metric tons per year.
  • Production capacity was enhanced by establishing a second plant in 1993 with annual capacity of 635,000 metric tons of urea.
  • FFC participated as a major shareholder in a new DAP/Urea manufacturing complex with participation of major international/national institutions. The new company Fauji Fertilizer Bin Qasim Limited (formerly FFC-Jordan Fertilizer Company Limited) commenced commercial production with effect from January 01, 2000. The facility is designed to produce 551,000 metric tons of urea and 445,500 metric tons of DAP.
  • This excellent performance was due to hard work and dedication of all employees and the progressive approach and support from the top management.
  • In the year 2002, FFC acquired ex Pak Saudi Fertilizers Limited (PSFL) Urea Plant situated at Mirpur Mathelo, District Ghotki from National Fertilizer Corporation (NFC) through privatisation process of the Government of Pakistan.
  • This acquisition at Rs. 8,151 million represents one of the largest industrial sector transactions in Pakistan

Tuesday, May 18, 2010

PAFL


Pak Arab Fertilizers (Pvt.) Limited is located at Khanewal Road, Multan. The site area comprises 302 acres, which includes area for the factory and the housing colony.

It is the largest fertilizer complex in Pakistan and the only factory producing Calcium Ammonium Nitrate (CAN) and Nitrophosphate (NP) with annual production capacity of 90,000 tons Urea, 450,000 tons CAN, 305,000 tons NP and 847,000 tons Multi Product. Raw material for manufacture of fertilizers are natural gas supplied by Sui Northern Gas pipelines Limited and rock phosphate imported from Jordan and Morocco.

Pak Arab Fertilizers (Pvt.) Limited was established as a result of protocol concluded and signed on November 15, 1972 by the Federal Government between Islamic Republic of Pakistan and State of Abu Dhabi to co-operate in the fields of petroleum industries and natural resources available in both countries. A Memorandum of Understanding was concluded between West Pakistan Industrial Development Corporation, Pakistan and Abu Dhabi National Oil Company Limited, Abu Dhabi in 1973 and a participation agreement emerged in 1973 to establish a joint venture for the expansion and modernization of the old Natural Gas Fertilizer Factory at Multan. The company was incorporated on 12th November 1973.



Fatima FCL


Fatima Group and Arif Habib Group, with an aim to further consolidate their position in the fertilizer industry, have incorporated Fatima Fertilizer Company Limited with the objective of setting-up a fully integrated fertilizer complex, capable of producing two intermediate products i.e. Ammonia and Nitric Acid and four final products which are Nitro Phosphate (“NP”), Nitrogen Phosphorous Potassium (“NPK”), Calcium Ammonium Nitrate (“CAN”) and Urea plant (the “Project” or the “Complex”) at Sadiqabad, Rahim Yar Khan. The Complex also includes a 30 Mw captive power plant in addition to off-sites and utilities. The Company has been allocated 75 MMCFD of gas from Mari Gas fields and the Gas Supply Agreement has been executed. The Company was incorporated in December 24, 2003 under Companies Ordinance, 1984.

EFL


Engro Fertilizers Limited, a wholly owned Engro subsidiary, is a premier fertilizer manufacturing and marketing company with products that focus on balanced crop nutrition and increased yield. The company markets primary and secondary fertilizers like Engro Urea, Engro DAP, Engro Zorawar, Engro Zarkhez and Zingro.

Engro Fertilizers has successfully developed a loyal customer base all across Pakistan, not only by providing farmers with quality fertilizers, but also through extensive market development activities. A premier brand and nationwide presence of the company ensures sellout production. Additionally, the company sells phosphate fertilizers for balanced fertility and improved farm yields. Engro’s share of Pakistan’s phosphates market mirrors or exceeds its urea market share.

The Company’s expansion plans include the world’s largest single train urea complex, which is being set up with an estimated cost of US$ 1.05 billion, and is on track for completion by mid 2010.

FFBL


  • Fauji Fertilizer Bin Qasim Limited Plantsite is a modern Granular Urea and Di-Ammonium Phosphate (DAP) fertilizers manufacturing complex, built at a cost of US$ 468 Million and located in Eastern Zone of Bin Qasim, Karachi, with Head Office at Harley Street, Rawalpindi.
  • Initially named as FFC-Jordan Fertilizer Company (FJFC), wef 17th Nov 1993, with FFC (30%), FF (10%) and JPMC (10%) as main sponsors. The company was formally listed with stock exchanges in May 1996 and commercial production commenced wef Jan 2000. However, it continued to run in crises due to technical, financial and managerial reasons till 2001. DAP Plant brought to suspension in 2001 due to accumulated loss of Rs. 6.5 Billion. It resumed production in Sep 2003, after a lapse of 2 years.
  • Renamed as Fauji Fertilizer Bin Qasim Ltd. (FFBL) in 2003, as such Jordan Phosphate Mines Co. (JPMC) had sold its entire equity in the company. Accordingly Phosphoric acid supply agreement with Jordan was terminated. The company turned out to be profitable after 3 years i.e, by 2004 and declared 'maiden dividend' in 2004. Profitability has constantly been on the rise since then and 2007 has been the most profitable year of the company. One of the milestones in the success of FFBL is its accreditation of ISO certification, which was achieved in Mar 2006 for both the Head Office and Plantsite.