Karachi, Capital Assets Leasing Corporation Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 25, 2021 Karachi.
The agenda of the meeting will to confirm the minutes of the Extraordinary General Meeting held on May 03, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
Further, the closed period of the company is from October 18, 2021 to October 25, 2021 (both days inclusive).
The Company was incorporated on April 1, 1992 as a public limited company. The principal activity of the company is to carry out leasing business. In addition, the company is also engaged in renting out of vehicles through its holding company. The company has its registered office in Karachi and a branch office in Lahore. The Company is subsidiary of M/s Optimus Limited.
The total shares of the Company introduced are 10,744,413. The Earnings per share in 2020 is 0.81 which was 1.88 in 2019. Their Profit after Taxation is 8,667,000 in 2020 which was 20,147,000 in 2019.