...Strategic Management Report On “Sui Southern Gas Company Limited” Prepared By: Hassan Mirza (2861) Mohammad Kashif (1714) Submitted To: Mr. Tariq Kaleem Dated: 9th January 2011 BRIEF HISTORY * Sui Southern Gas Company Limited is Pakistan’s leading integrated gas companyformed on March 30, 1989 following a series of mergers of three pioneering companies, namely : 1. Sui Gas Transmission Company Limited 2. Karachi Gas Company Limited 3. Indus Gas Company Limited * Sui Gas Transmission Company Limited was formed in 1954 with the primary responsibility of gas purification at the Sui field in Baluchistan and its transmission to the consumption centers at Karachi. * The two distribution companies: Karachi Gas Company and Indus Gas Company, set up in 1955 to build and operate gas distribution systems in Karachi and Interior Sindh. * In 1985, these two distribution companies were merged to form Southern Gas Company Limited and later, in 1989, Southern Gas Company Limited and Sui Gas Transmission Company Limited were merged to form the Sui Southern Gas Company Limited 1) INTRODUCTION * SSGC is the largest integrated natural gas transmission and distribution companies in Pakistan * Serving the entire Southern region of the country, comprising the provinces of Sindh and Balochistan. * It has exclusive distribution and sale license in the provinces of Sindh and Balochistan. * Company’s core business is to buy natural...
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...Case studies - CSR in Pakistani perspective A selection of companies based on as a sample on various industries of Pakistan. 1. Citizen-Police Liaison Committee ( CPLC) 2. National Refinery Limited 3. Pakistan Petroleum Limited 4. Shell Pakistan 5. Pakistan State Oil (PSO) 6. Pak-Arab Refinery Company Limited 7. Sui Southern Gas Company ( SSGC) 8. Askari Commercial Bank Limited 9. Khadam Ali Shah Bukahari (KASB) Securities 10. The Bank of Punjab 11. First Woman Bank Limited ( FWBL) 12. Dollar East Exchange Company (PVT) Limited 13. Cresent Steel and Allied product Limited ( CSAPL) 14. ICI Pakistan Limited 15. Engro Chemical Pakistan Limited 16. Soccer Ball industry of Pakistan 17. Unilever Pakistan limited 18. National Foods Pakistan Limited 19. Proctor and Gamble Pakistan 20. Geo TV Citizen-Police Liaison Committee (CPLC): CPLC is a joint venture of the private and the public sectors. The few concerned and compassionate citizens, initiated in 1989 to establish the CPLC, which is over the period, become an important component of police system in Karachi. Rooted in the business community and dependent largely on private donations and on the volunteer work of business community. It conduct crime analysis, plays an important role in the investigation of kidnappings, and provides a range of police related services directly to poor and rich alike without any discrimination.[1] So in this way CSR motivate citizen to support police in fighting crime, after...
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...Crescent Standard Investment Bank Limited Governance Failure case analysis Crescent Bank Fraud The entire board of directors and CEO Anjum Saleem of Crescent Standard investment bank were legally stopped from running their offices on evidences of suspected fraud and irregular accounting. External Auditors had predicted a missing amount of over Rs.6 Billion, apart fromillegal maintenance of parallel accounts, concealment of bank assets, un-authorized massivefunding of group companies, unlawful investments in real estate and stock market, etc. the SECPtook legal action against the companies officers, although much of the actions taken werecriticized as insufficient. Summary The Crescent Standard Investment Bank Limited (CSIBL) was the greatest investment bank reported on all the stock marketplaces in Pakistan when it declared a massive insufficient Rs 2.1 billion (US$35.5 million) for your year December 31 2005 industry was surprised. The investment banking regulator Opportunities and Exchange Commission of Pakistan (SECP) had sent an organization to check out the matters in the bank. Since the primary traders were people or companies in the well known business group known to as Crescent Group there s enormous fascination with the CSIBL matters by financial and political circles.The case describes the different organizations that have been merged to produce the CSIBL mainly to guard the stakeholders by creating a company getting a sizable capital. The bank had reported...
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...DAWN NEWSPAPER | PAKISTAN HISTORY TERM REPORT | 20th February, 2014 | Anoosha HaroonSaneeza AsrarShafaq ShafqatNazia KhanSyeda Aminah Asim12/18/2014 | NATIONAL ANOOSHA HAROON Headline “PLEA TO BOOK MUSHARRAF IN DRONE CASE REJECTED” Drone attacks in Pakistan started off in 2004-2005 under the presidency of General Pervez Musharraf and targets the northern areas especially North-Waziristan. These U.S drone attacks have been condemned by all political parties and they have protested to show their agitation. The reason behind these drone attacks is to get rid or terrorists and Talibans but it is not the most efficient and precise way as U.S claims it to be. Because many innocent civilians have lost their lives because of these drone attacks. Lately, a petition was filed against Mr. Musharraf and alleged him for making a deal with U.S secretly and that there should be a legal action against him. This petition also requested the court to direct the Secretariat police to register an FIR against the former president General Retired Pervez Musharraf. The petiton referred to an interview which Mr. Musharraf gave in April, 2013 in which he said that yes he did allow U.S drone attacks “but only on few occasions when target was isolated and there was no chance[s] of collateral damage”. This was the first time that any Pakistani official accepted the fact that they had granted permission of drone strikes. This petition was however rejected and considered as not...
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...CSR CASE STUDIES Abbott Laboratories Abbott Laboratories is a global healthcare company with more than 70,000 employees worldwide and operations in over 130 countries. The Chicago-based company develops and produces nutritional products, laboratory diagnostics, medical devices and pharmaceutical therapies. Its vision and mission focus on improving people's lives by providing cost effective healthcare products and services. Abbott Pakistan started operations as a marketing affiliate of Abbott Laboratories in 1948. Today, it has 1,346 employees and two manufacturing facilities at Landhi and Korangi in Karachi. Continuous innovation, research and development at Abbott's worldwide facilities enable Abbott Pakistan to offer products and services focused on improving healthcare in line with the changing needs of its customers. The company is also working on implementing its global CSR standards in Pakistan, and actively supports and participates in disaster relief efforts and activities. “We view our commitment to global citizenship not only as a business responsibility, but also as an opportunity to improve lives around us. Caring is one of our core values and is all about making a difference in people’s lives. We have contributed to improving lives for more than 50 years, while strengthening the company and its communities for future generations,” says Asif Jooma, Managing Director at Abbott Pakistan. Atlas Honda Atlas Honda Limited (AHL) is the leading manufacturer of motorcycles...
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...Ongoing Concern: Risk Management at Pakistan International Airlines1 Ch. Ahmed Mukhtar, Chairman Pakistan International Airline Corporation (PIAC) was reading the final version of the PIAC audited annual report. He immediately called the Managing Director, PIAC to arrange a meeting to discuss the auditor’s report. The particular part of auditors’ opinion that caught his attention was the following: “We draw attention to note 1.2 to the unconsolidated financial statements, which states that the Corporation incurred a loss of Rs. 26,767.207 million during the year ended December 31, 2011, resulting in accumulated loss of Rs. 119,016.727 million as of December 31, 2011, and as of that date, the Corporation’s current liabilities exceeded its current assets by Rs. 88,221.403 million. These conditions indicate the existence of a material uncertainty which may cast doubt about the Corporation’s ability to continue as a going concern. Our opinion is not qualified in respect of this matter.” The agenda of the meeting was quite clear i.e., how to keep PIA solvent. PIAC Brief History2: In 1946 Quaid-e-Azam Muhammad Ali Jinnah realized the need for an airline network for the forming country and ask for the help of an industrialist Mirza Ahmad Ispahani to develop a flag carrier for the nation. Meanwhile, an airline called “Orient Airways”', registered in Calcutta, was formed on 23 October 1946. In May 1947 the airline was granted a license to fly. This was the first post-war airline flight...
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...Prepared By: Muhammad Yasir Internship Report, 2013 In The Name of ALLAH, The Compassionate, The Merciful KASBIT University Page 1 of 32 Prepared By: Muhammad Yasir Internship Report, 2013 DEDICATION “The Holly Prophet Mohammad (PBUH) from where all systems and standards for quality can be downloaded directly, which are applicable everywhere; from daily life to the dynamically changing business environment”. & “My Dear parents and Teachers who taught me the true meaning of life” KASBIT University Page 2 of 32 Prepared By: Muhammad Yasir Internship Report, 2013 ACKNOWLEDGEMENT First of all, I want to express all my humble thanks to ALLAH who is very sensitive about each and every activity of all his men and without whose help, I am unable to accomplish any objective in my life. All respect to his Holy Prophet HAZART MUHAMMAD (Peace Be Upon Him) who brought the light of knowledge when the humanity was wandering in the desert of ignorance. Secondly, I am grateful to my prestigious institute that made his learning opportunity a part of our education, especially. Internship coordinator who not only guided me well but also helped me in finding such an excellent place for internship I am also thankful to all other teachers as the knowledge imparted by them enables me to gain knowledge of the organization in best way. I would also thank to all the staff of MCB Bank, particularly Mr. Syed Azhar Mr. Anus, Mr. Naeem and Mr. Mansoor who gives me an opportunity...
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...ACTIVITIES REPORT OF APTPMA HEAD OFFICE APTPMA Annual Report 2007-2008 1 SELECTED ACTIVITIES OF “APTPMA” HEAD OFFICE Dear Readers: We are giving hereunder brief excerpts of APTPMA activities for the year 2007-08 from APTPMA Head Office record for your kind perusal and ready reference: (ZAHIR IQBAL KHAWJA) Secretary APTPMA Head Office ******** ANNUAL ELECTIONS 2007-08 (Press Release Dated 01st January 2008): As per press release dated 01st January 2008, the Central Body elections of All Pakistan Textile Processing Mills Association (APTPMA) were announced by Mian Aftab Ahmed on behalf of Mian Shabbir Ahmed, Returning Officer for APTPMA Elections 200708. The elections were conducted as per directions and orders of the Director General Trade Organizations (DGTO) issued to all the Trade Bodies of Pakistan for the purpose. Following five (5) office-bearers were elected unopposed for the Central Body: Chairman: Mr. Muhammad Riaz Sheikh of M/s Riaz Fabrics, Lahore, Senior Vice Chairman: Mian Ajmal Farooq of M/s Noor Fatima Fabrics Faisalabad, Vice Chairman (Central) Faisalabad: Sheikh M.Amjad Javed of M/s Al-Hamra Textile Industries Faisalabad; Vice Chjairman (Central) Karachi: M.Altaf Shekhani of M/s Shekhani Industries Karachi; Vice Chairman (Central) Lahore/Gujranwala Region: Sheikh Ejaz Raza of M/s Rehman Dyeing, Gujranwala. Besides Central Body elections, the following Regional Chairmen, Regional Vice Chairmen and members Executive Committee were declared elected...
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...names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2008, Ivey Management Services Version: (A) 2008-12-12 KET Securities Limited’s head office at Karachi in Pakistan had been receiving unofficial reports since May 2006 that there had been a number of frauds at Crescent Standard Investment Bank Limited (CSIBL). This was confirmed when the bank did not circulate the audited accounts for the year ended December 31, 2005, even as late as August 2006. Early in September 2006, a business analyst at KET was asked to investigate what the press had been reporting. Management was shocked to read the information the newspapers had published (see Exhibit 1). He was to submit an analysis for senior management who had recently deposited some of the company funds as an investment in CSIBL, and he wondered what he should recommend. CSIBL was part of the well-reputed Pakistani business conglomerate known as the Crescent Group and members of the...
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...International Islamic University Islamabad Subject: Commercial Bank management An Over View Of Bank Al-Islami Submitted to: Sir. Ismat Ullah Butt Submitted by: Muhammad Mahmood Khan (group leader) 103-se/bsef(4)/F08 Email address: mmkaries2@hotmail.com Other members: Malik hammad anwar 121-se/bsef(4)/f08 Umair Hassan khawaja 122-se/bsef(4)/f08 Jehanzeb saeed khan 130-se/bsef(4)/f08 Stephen kingori Introduction: Bank-Al Islami The Idea: The epochal idea of Bank Al-Islami was conceptualized by Jahangir Siddiqui & Company Limited and DCD Group in late 2003. Mr. Hasan A. Bilgrami was appointed as Adviser to the sponsors on March 16, 2004 to formalize the idea. He presented the concept paper of Bank Al-Islami to sponsors on March 24, 2004. A detailed business plan was then prepared and a formal application was submitted to the State Bank of Pakistan on May 26, 2004. On September 26, 2005, Dubai Bank joined the Sponsors and became one of the founding shareholders of Bank Al-Islami by investing 18.75% in the total Capital. Accreditation by State Bank of Pakistan: The State Bank of Pakistan issued a No Objection Certificate in no time on August 19, 2004 and Bank Al-Islami Pakistan Limited, the second full-fledge Islamic Commercial Bank in Pakistan, was incorporated on October 18, 2004 in Pakistan. Bank Al-Islami Pakistan Limited was the first Bank to receive the Islamic Banking license under the Islamic Banking policy...
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...Chapter 14 Energy Energy is considered to be the lifeline of economic development. For a developing economy with a high population growth rate, it is important to keep a balance between energy supply and emerging needs. If corrective measures are not effectively anticipated significant constraints start emerging for development activities. The rise in global energy demand has raised questions regarding energy security and increased the focus on diversification, generation and efficient allocation. The answer lies in the attainment of optimal energy mix through fuel substitution by promoting energy efficiency and renewable energy and interregional co-operation. However, oil and natural gas will continue to be the world’s top two energy sources through 2040; accounting for about 60 percent of global demand. Gas being the fastest growing major fuel source over this period is expected to grow at 1.6 percent per year from 2010 to 2040 as estimated by “The Outlook for Energy: A View to 2040” is given in Figure-14.1. Figure 14.1: Global energy demand by fuel type (Quadrillion BTUs) 250 Quadrillions British Thermal Units 2010 200 150 100 2040 2040 2010 From its peak in 2025, coal will decline by more than 10 percent of total Hydro/Geo 2010 2040 Latin America and China are the biggest users of hydro power, which makes up over 80 percent of total Hydro/Geo supplies 2040 50 0 2010 2010 2040 2010 2040 2010 2040 Source: The Outlook for Energy: Aview...
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