Material Information of Capital Assets Leasing Corporation Limited

Karachi, Capital Assets Leasing Corporation Limited informed Pakistan Stock Exchange that the honorable High Court of Sindh had directed the Securities and Exchange Commission of Pakistan to maintain status-quo and restrained the Pakistan Stock Exchange from acting any further pursuant to letter on November 14, 2018.

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.