The Istanbul Stock Exchange was established on December 26, 1985 for the purpose of ensuring that securities are traded in a secure and stable environment, and commenced to operate on January 3, 1986. The ISE has contributed to the development of Turkish capital markets and Turkish economy since the date of its establishment.
Established as per the Governmental Decree in Force of Law (KHK) No.91, the ISE is a public corporation operating as an autonomous and professional institution. The ISE is entitled to issue legal regulations related to the subjects and fields within the scope of its authority.
The General Assembly comprising of the ISE Members is the supreme decision making body. The Executive Council of the ISE comprises of the Chairman and four members. While the Chairman is appointed as per a tripartite decree, members of the Executive Council and auditors are elected by the General Assembly of ISE.
Hüseyin ERKAN was appointed Chairman&CEO of the ISE on November 2, 2007.
Sunday, November 22, 2009
Lahore Stock Exchange
Lahore Stock Exchange was established in October 1970 and is the second largest stock exchange in the country with a market share of around 12-16% in terms of daily traded volumes. LSE has 519 companies, spanning 37 sectors of the economy, that are listed on the Exchange with total listed capital of Rs. 555.67 billion having market capitalization of around Rs. 3.64 trillion. LSE has 152 members of whom 81 are corporate and 54 are individual members.
Activities of Lahore Stock Exchange (LSE) have increased significantly in all operational areas since its inception. Over the years, LSE has successfully met various challenges and has now emerged, fully geared and positioned to aggressively compete with its fellow Exchanges, contributing towards the growth of Capital Markets in Pakistan.
Activities of Lahore Stock Exchange (LSE) have increased significantly in all operational areas since its inception. Over the years, LSE has successfully met various challenges and has now emerged, fully geared and positioned to aggressively compete with its fellow Exchanges, contributing towards the growth of Capital Markets in Pakistan.
Islamabad Stock Exchange Towers
The Islamabad Stock Exchange (ISE) was incorporated as a guarantee limited Company on 25th October, 1989 in Islamabad Capital territory of Pakistan with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world. The purpose for establishment of the stock exchange in Islamabad was to cater to the needs of less developed areas of the northern part of Pakistan.
The ISE Towers comprise twin 22 storey towers with unique and inspiring amenities, offer futuristically and aesthetically designed offices with panoramic views, is being constructed over a piece of land measuring 5600 square yards in the heart of Islamabad at Jinnah Avenue (Blue Area) which is the hub of all business and commercial activities in Islamabad. The building is facing 400 feet wide Jinnah Avenue on one side and has another entrance from 100 feet wide Nazimuddin Road, besides breathtaking scenic view of the Margalla Hills and the city from the building.
Wednesday, November 18, 2009
Lowboy Semi Trailers
Lowboy trailers, also known as low bed trailers, are utilized for loading and transporting heavy equipment. The capacity for hauling starts at ten tons to 100 or even more. This is the ideal solution for hauling farm equipment, or construction machines such as tractors and excavators. They are designed to work well in field conditions for convenient loading and unloading heavy machinery and equipment.
There are many types of lowboy trailers available from leading manufacturers. The size and weight capacity needed should be determined by the specifications of the haul and what the continued use will be. They are also available in a variety of colors and custom paint jobs to suit individual preferences. Identify what field conditions will be present before deciding on the model best suited.
Fontaine makes a 46’ lowboy trailer with a capacity of 35 tons. This model includes ramps for easy loading and unloading of equipment. The same manufacturer makes a 55 ton model for heavier machinery. Lowboy trailers can be fixed neck or detachable with beaver tail or tilt bed options. Determine the conditions in which loading and unloading will occur to determine what options are best. Researching different manufacturers will allow ideal selection. Manufacturers such as Trail King, Talbert, Aspen and Liddell all make lowboy trailers.
Excavator An Commonly Used Heavy Machinery
Excavators heavy equipment used in civil engineering and surface mining. An excavator, also called a 360-degree excavator or digger, sometimes abbreviated simply a 360, is an engineering vehicle consisting of a backhoe and cab mounted on a pivot (turntable is a more apt description) atop an undercarriage with tracks or wheels. The term excavator is sometimes used as a general term for any piece of digging equipment.
Roles of Excavators
Excavators used in many roles:
1- Digging of trenches, holes, foundations
2- Demolition
3- General grading/landscaping
4- Heavy lift, e.g. lifting and placing of pipes
5- River dredging
6- Mining, especially, but not only open-pit mining
7- Brush cutting with hydraulic attachments
Choosing a Machinery & Equipment Appraiser
Locate a professionally accredited appraiser before disclosing any confidential or sensitive information. Ask other types of appraisers for references if necessary. Verify that the professional designation is the result of testing and other significant criteria, and requires continuing education. The designation is evidence that the appraiser is a professional and serious about his profession. Some non-professional appraisers provide this service only as a sideline or part time, and are limited in scope regarding valuation theory and methodology. Avoid an appraiser who implies advocacy, or who bases his fee on contingencies such as percent of value or outcome of transaction, as these are normally considered unethical within the profession.
Define the appraisal question, property to be appraised, premise of value, how the appraisal will be used, possible implications to third parties, etc. A competent and accredited appraiser will maintain a professionally confidential relationship, so do not withhold information. If the appraiser is well informed, he should be able to provide a firm quotation and proposal prior to engagement.
Define the appraisal question, property to be appraised, premise of value, how the appraisal will be used, possible implications to third parties, etc. A competent and accredited appraiser will maintain a professionally confidential relationship, so do not withhold information. If the appraiser is well informed, he should be able to provide a firm quotation and proposal prior to engagement.
Construction and Mining Machinery Equipment - Market to Exceed
The construction and mining machinery/equipment market is in the midst of a consolidation phase, as acquisitions and strategic partnerships are still continuing after a spurt in the consolidation wave of the nineties. The highly competitive industry has maintained price levels in the moderate range with slight fluctuations, over the last few years.
Nearly 4.8% growth is likely to be registered in the global construction investments by the year 2012. India and China are expected to grow at a healthy rate that is way above the average global growth rate. In terms of volume sales, United States is the largest regional market with an estimated share of 26.56% of the global unit sales in 2007. The new trend in US and Europe to combine a mini-excavator with a skid steer loader for optimum performance is one of the reasons behind the demand for mini-excavators. In terms of volume sales, skid-steer loaders represent the largest product segment in the United States with sales projected to exceed 71 thousand units for 2009. Sales of construction and mining machinery/equipment in Europe are projected to exceed 195 thousand units by the end of the year 2008.
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