Two different types of ptcl's ordinary shares pdf

Market overview and trends in pakistan the telecommunication landscape in pakistan is interesting because of may reasons. Pakistan telecommunication company ltd ptcl has launched new rates for 2 mbps broadband data for all its existing and new potential broadband customers through out the country. Sep 04, 2009 the sale ptcls 26 percent shares can be closely related with steel mills of pakistan case. A preference share is said to be cumulative when the arrears of dividend are cumulative and such arrears are paid before paying any dividend to equity shareholders. For one, after deregulation it allowed both gsm for mobile service and cdma which was described as an alternative to traditional copper line. Shares are also known as equities, and the two terms are often used interchangeably. The privatization of the company was completed in the fy06, following the purchaser of 26% b class ordinary shares by etisalat international pakistan l. It provides point to point dedicated connectivity via satellite from one customers premises to another. On the long distance and international infrastructure side, the capacity of two.

So if 10 million shares are issued in united conglomerates at a price of. Types of shares different classes of shares rocket lawyer. Voice services used to be provided through ptcl s cdma2000 network, which was broadcast over the 1900 mhz wll frequency under the vfone brand name, however the network was shut down on 31 august 2016 nationwide. Ptcl internship report telecommunications business. It merits mentioning here that sale of steel mills was. Ironically, rather than recovering this amount, the government is now asking for loans from the uae. The commission prohibits abuse of a dominant position in the market, certain types of anticompetitive agreements, and deceptive market practices. During the year, your company was awarded two more. The descriptive part presents a comprehensive analysis of the developments in the main areas of pakistans economy, whereas in the statistical appendix the time series data pertaining to the different sectors of economy have been collected. Mkt606 a project in partial fulfillment of the award of mba banking and finance faculty of management sciences spring 2011. Ptcl group grows at 4 % yoy, ptcl announces interim. Government of pakistan gop, ptcl won two more such projects. The second part contains the time series data pertaining to different sectors of the economy.

The privatization commission initially offered 2% shares of ptcl. E paper pdf 23 05 2017 lhr by pakistan today issuu. This study investigates the direct and indirect relationship between corporate governance and agency cost using bootstrap analysis. Ptcl s mobile phone subsidiary ufones subscriber base grew by more than 87%, from 7. Easily share your publications and get them in front of issuus. Ptcls privatisation not only destroyed a treasure trove of technological. The shares are commonly called ordinary shares and will be the.

Preference shares are instruments that have debt fixed dividends and equity capital. To encourage the growth of the internet in the country, pta has decided that in future only two types of license, ptcl region wise and nationwide, license will be issued. Ordinary shares definition and example investopedia. Analytical text and the detailed statistical appendix. Pakistan telecommunication company limited ptcl is proud to be pakistans most reliable and largest converged services carrier providing all telecommunications services from basic voice telephony to data, internet, video conferencing and carrier services to consumers and businesses all over the country. The holder of ordinary or equity shares are the real owners of a company. Different types of stocks desjardins online brokerage disnat. Ordinary shares are the most common type of shares and are standard shares with no special rights or restrictions.

These vouchers were converted into ptcl shares in mid1996. It was developed in 1947 when pakistan came into beingn. This offer rewards the loyal evo customers and appreciates their support in making ptcl evo the most popular wireless internet brand of the country. May 21, 2010 the issued share capital of ptcl is pkr 51,000,000,000, dividend into 51,000,000,000 ordinary shares of pkr 10 each, of which approximately 3,774,000,000 are a ordinary shares and 1,326,000,000 are b ordinary shares. Ptcl is the largest telecom company in pakistan since 1947. They have the potential to give the highest financial gains, but also have the highest risk. Ordinary shares typically carry one vote per share and. Connection oriented signaling refers to the establishment of switchtoswitch facilities call interoffice trunks. Pakistan telecommunication company limited 03 feb, 2011. The holders of equity shares are the real owners of a company. The offer enables customers to stream videos, web casts, play online games and a host of other applications at highspeeds of ptcls nationwide evo wireless broadband network. Competition commission of pakistans enquiry report on ptcl.

E paper pdf 24th january lhr by pakistan today issuu. Its important to understand these distinctions because the characteristics of different types of shares can significantly affect the way you decide to invest. The first part gives a comprehensive analysis of the performance in various sectors of the economy. To find out what a brokerage account is and how to open one, click. To buy or sell ordinary shares on the johannesburg stock exchange jse you need to open a brokerage account with a stockbroker. Ptcl group grows at 4 % yoy, ptcl announces interim dividend. We look at the features of different types of share that companies can use. These are designations assigned to different securities such as common stock or mutual funds. Define shares explain the different types of shares in. Class of shares is an individual category of stock that may have different voting rights and dividends than other classes that a company may issue.

For a sample of 155 firms during 20092015, this study finds. However, some companies choose to have two or more different types of share. Governments plan of privatizing the corporation was not welcomed in all circles. These shares also give right to the distribution of the companys assets in the event of windingup or sale. A share denotes a claim on a corporations ownership or interest in a financial asset. It depicts a culture marked by a caring environment and a setting which encourages innovation and entrepreneurship. Difference between ordinary shares and preference shares. Governments plan of privatizing the corporation was not welcomed in all. They are entitled to receive dividend as are declared by the board of directors. Report is all about the csr activities of ptcl through out the recent years i. The competition commission of pakistan ccp is an independent quasiregulatory, quasijudicial body that helps ensure healthy competition between companies for the benefit of the economy. Eip took over management control on 12th on april 2006.

Find, read and cite all the research you need on researchgate. Readbag users suggest that microsoft word telecompak. The ordinary shareholders have voting rights in the meetings of the company. Please leave your comments in this public guest book so we can share your thoughts with other visitors. Pakistan entered into nine different agreements with the imf during the period 19882000.

Ptc inc s competitive profile, comparisons of quarterly results to its competitors, by sales, income, profitability, market share by products and services csimarket. These outcomes will be presented in the form of two reports, the first of which will reflect expert input from the commissioners, and the second of which will comprise indepth analysis of the challenges and opportunities in deploying broadband across a range of different types of economies. Jun 30, 20 salinas knocked in a loose rebound in the 92nd minute and gordon scored on a header a minute later to give san jose 576 a second comeback victory in two seasons against the galaxy at stanford. Being part of ptcl, the management of ufone has also been handed over to etisalat. Ordinary shares represent the companys basic voting rights and reflect the equity ownership of a company. Ordinary shares carry no special or preferred rights. It merits mentioning here that sale of steel mills was declared void because numerous concessions had. The file contains 46 pages and is free to view, download or print.

Ordinary shares typically carry one vote per share and each share gives equal right to dividends. Ordinary shares and preference shares are distinguished from each other based on the benefits, rights and features that they offer to the holders of such shares. During the year, as a consequence of ptcls privatization, 26% of its shares were acquired by emirates telecommunication corporation etisalat. Ptcl ptcls corporate vision and core values facebook. Although in the case of prgf the government chose not to draw down the last two tranches to which they were entitled. Wed like to know what you think about our web site. Ptc inc comparisons to its competitors, market share and.

The ordinary shareholders have voting rights in the meeting of the company. Pakistan telecommunication company limited, commonly known as ptcl, is the national. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Oct 28, 2014 24 p a g e the private nature of ss7 networks is critical for security and reliability. Pursuing a progressive policy, the government in 1991, announced its plans to privatize ptcl, and in 1994 issued six million vouchers exchangeable into 600 million shares of the wouldbe ptcl in two separate placements. The sale ptcls 26 percent shares can be closely related with steel mills of pakistan case. Ptcl provides its fixed line telephone services in many cities of pakistan.

To ensure that needs of all broadband subscribers fixed as well. Ptcl feel the difference telecommunications technology. Providing a reliable, two way communication link anywhere within satellite footprint, ptcls global vsat utilizes satellite based single channel per carrier scpc technology, with data rates from 64kbps to 34mbps. Full text of a text book of inorganic chemistry volume ix part i cobalt nickel and the elements of the platinum group see other formats. The study was conducted by taking 211 employees of two different organizations as sample.

Internship report ptcl telecommunications business. Key takeaways plcs issue many different kinds of stock shares such as ordinary shares, cumulative preference shares,preference shares, and redeemable shares. Scribd is the world s largest social reading and publishing site. During the years, ufone continued on the path to success. It communicates to the external and internal stakeholders the primary contours of ptcls cultural dna which is steeped in our core values of professional integrity, teamwork, customer care, and loyalty to the company. Ptcl s operating profit for the year is lower by 9. Find out four types of preference sharescallable, cumulative, convertible and participatoryand how each benefits you differently.

Ptcls operating profit is lower by 2% compared to the same period of 2017, mainly due to customer acquisition cost spent during 1 st half of the year. Everyone needs to play their role in making this a meaningful day one that can bring a change to the lives of the people targeted for their religion or belief. Inspecting manual journal entries relating to revenue. When a company floats on the stock market the shares will be sold at a certain price, which represents the value placed on the business. Shares are commonly divided into two types, known as ordinary shares and preference shares. Suppose a company has 10,000 8% preference shares of rs. Stock market in pakistan munich personal repec archive. Permanent capital in the wholly owned subsidiary of ptcl having an authorized capital of rs. Wireless options are also available under the evo nitro or charji evo brand names. The main source of funds of paknet is its retained earnings.