Key Developments: Sui Northern Gas Pipelines Ltd (SUIN.KA)
20.01PKR
12:55am EDT
₨0.42 (+2.14%)
₨18.59
₨19.80
₨20.22
₨19.78
1,246,500
1,487,709
₨24.73
₨14.55
Latest Key Developments (Source: Significant Developments)
Sui Northern Gas Pipelines Ltd Appoints M/s A.F. Ferguson & Co. As Statutory Auditors; Approves Payment Of Cash Dividend
Sui Northern Gas Pipelines Ltd announced it has approved the appointment of M/s A.F. Ferguson & Co. Chartered Accountants as statutory auditors of the Company for the ending June 30, 2013. The Company also approved payment of cash dividend at 25% i.e. PKR2.5 per share of PKR10 each and 10% bonus shares. Full Article
Sui Northern Gas Pipelines Ltd Changes Chief Financial Officer
Sui Northern Gas Pipelines Ltd announced that Ms. Uzma Adil Khan, Senior General Manager - Corporate Affairs & Corporate Communications, was appointed its Chief Financial Officer with effect from February 14, 2013, in place of Mr. Amer Tufail. Full Article
Sui Northern Gas Pipelines Ltd To Pay FY 2011/2012 Final Dividend
Sui Northern Gas Pipelines Limited announced that its Board of Directors has recommended a cash dividend of PKR 2.50 per share, or 25%, and bonus shares in the proportion of one shares for every 10 shares held, i.e. 10%, for fiscal year ended June 30, 2012. Full Article
Sui Northern Gas Pipelines Limited Announces Winding Up of Subsidiary
Sui Northern Gas Pipelines Ltd announced that at its meeting held on September 26, 2012, the Company has accorded approval for winding up of Sui Northern LPG-LNG (Pvt) Limited, a wholly owned subsidiary of the Company, under Companies Easy Exit Scheme (CEES) launched by Securities and Exchange Commission of Pakistan (SECP). Full Article
Engro Corporation Ltd Announces Lawsuit by Subsidiary
Engro Corporation Ltd announced that its wholly owned subsidiary, Engro Fertilizers Limited, has claimed damages worth PKR 28.85 billion from Sui Northern Gas Pipelines Limited (SNGPL) for the unlawful curtailments of gas supply. Engro Fertilizers Limited claimed that its new plant setup with an investment of USD 1.1 billion received gas for 43 days only in 2012 which is a breach of sovereign contract between two parties. Full Article
Sui Northern Gas Pipelines Limited Not to Pay Dividend
Sui Northern Gas Pipelines Limited announced that no cash dividend was declared or recommended for the period ended March 31, 2012. Full Article
Sui Northern Gas Pipelines Limited Not to Pay Dividend
Sui Northern Gas Pipelines Limited announced that it is not to pay dividend for the quarter ended December 31, 2011. Full Article
Sui Northern Gas Pipelines Limited Declares FY 2010-2011 Dividend
Sui Northern Gas Pipelines Limited announced that its Board of Directors has recommended cash dividend of PKR 1 per share, or 10%, and bonus shares in the proportion of 5 shares for every 100 shares held, i.e. 5%, for fiscal year ended June 30, 2011, to shareholders whose names appear in the Register of Members on October 19, 2011. Full Article
Sui Northern Gas Pipelines Limited Announces Chairman Change
Sui Northern Gas Pipelines Limited announced that Mr. Tariq Iqbal Khan, Non-Executive Chairman of the Board, has stepped down from his position, effective June 26, 2011. Full Article
Sui Northern Gas Pipelines Limited Announces Court Order
Sui Northern Gas Pipelines Limited announced that the Honorable High Court of Sindh in the petition filed by Engro Corporation Limited and its subsidiary has ordered the Company to supply from 80 million to 100 million cubic feet of gas per day (MMSCFD) to the new fertilizer plant of the subsidiary of Engro Corporation Limited till further orders on May 31, 2011. On June 1, 2011, 55 million MMSCFD was being supplied against a contracted quantity of 100 MMSCFD and it is expected that the gas supply will be increased to at least 80 MMSCFD soon. Full Article
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