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LNG shipment to ease gas crisis in coming days: Tabish - Newspaper


KARACHI: Special Assistant to Prime Minster on Power and Petroleum Tabish Gohar is seen addressing business community on gas shortage issue at the FPCCI head office on Tuesday.
KARACHI: Special Assistant to Prime Minster on Power and Petroleum Tabish Gohar on Tuesday said that the current gas crisis is temporary and a major improvement in supply is expected within two to three days.
A major LNG shipment has arrived which will be transmitted and distributed through the Sui Southern Gas Company Limited (SSGCL) system, Mr Gohar said while speaking to the business community at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Repair and maintenance works at gas fields were “mandatory and unavoidable”, he added. ....

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Keeping it in the family - Newspaper


Ghani Global Holdings Limited a company listed in the ‘’Glass and Ceramics” sector of the Pakistan Stock Exchange (PSX) informed the investors last week that the apex regulator Securities and Exchange Commission of Pakistan (SECP) had approved the Company’s Employee Stock Option Scheme (ESOS). The company said it was allowed to issue shares of Rs10 each representing 15 per cent of its outstanding share capital to its eligible employees under ESOS, 2020, by way of other than right offer.
It raised eyebrows for the concept of ESOS, though fairly normal in the developed world, has forever been avoided by the country’s corporate sector. Discussions with senior officials at several entities revealed that many were not fully familiar with the concept and only a handful could tell the difference between ESOS and the Employees Share Ownership Plan (ESOP). ....

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