Appointment of Chairman, Director, Chief Executive Officer and Company Secretary of Capital Assets Leasing Corporation Limited

Karachi, Capital Assets Leasing Corporation Limited informed Pakistan Stock Exchange that Mr. Saad Saeed Faruqui, Mr. Haider Ali Hilaly and Mr. Hammad Ullah Khan have been appointed as Chairman, Chief Executive Officer and Company Secretary of the Company with effect from June 30, 2021 in place of Mr. Danish Hussain, Mr. Irfan Ahmad and Ms. Shomaila Siddiqui.

Capital Assets Leasing Corporation Limited is a company incorporated in Pakistan on April 1, 1992 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is to carry on leasing business. It is also engaged in renting out of vehicles through its holding company. The company is a subsidiary of M/s. Optimus Limited which holds 83.96% ordinary share capital of the company. The registered office of the company is situated at Karachi. The stocks of the company are quoted on Karachi, Islamabad and Lahore Stock Exchanges in Pakistan.

The symbol “CPAL” is being used by the stock exchanges for the shares of Capital Assets Leasing Corporation Limited.