Annual general meeting of Orix Leasing Pakistan Limited to be held on October 26 2021

Karachi, Orix Leasing Pakistan Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 26, 2021 at Karachi.

The agenda of the meeting will 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 consider and approved the Final Cash Dividend of Rs.2.00 per ordinary share of Rs.20/- each as recommended by the Board for the year ended June 30, 2021 be and is hereby approved, 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.

ORIX Leasing Pakistan Limited was incorporated in Pakistan as a private limited company on July 01, 1986 and was converted into a public limited company on December 23, 1987. The Company is licensed to carry out Investment Finance Services as a Non-Banking Finance Company under the Non-Banking Finance Companies Rules, 2003 issued by the Securities and Exchange Commission of Pakistan (SECP).

ORIX Leasing Pakistan Limited (“OLP”) has a joint venture between ORIX Corporation, Japan and local investors. The Company is listed on the Pakistan Stock Exchange. OLP is headquartered in Karachi and has 38 branches situated in 35 cities. Its major shareholder is ORIX Corporation (ORIX) having 49.6% shareholding.

The total number of shares of the Company are 175,407,648. The Earnings per shares is 4.20 in 2020 which was 6.12 in 2019. The Profit After Taxation is 702,222,000 in 2020 which was 1,022,517,000 in 2019.