Appointment of Chief Executive Officer/Chairman of Media Times Limited

Karachi, Media Times Limited informed Pakistan Stock Exchange that Mr. Shehrvar Ali Taseer has been re-appointed as Chief Executive Officer of the Company and Mrs. Aamna Taseer has been appointed as Chairman of the Board of Directors of the Company with effect from June 29, 2020 for the terms of next three years.

Media Times Limited is a company incorporated in Pakistan on June 26, 2001 as a Private Limited Company. The company was later converted into Public Limited Company on March 6, 2007. The foundations of the company are laid under the Companies Ordinance, 1984. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.

The principal activities of the company is being engaged in printing and publishing daily English and Urdu news papers by the name of “Daily Times” and “AajKal” respectively. The company is also engaged in production, promotion, advertisement, distribution and broadcasting of television programs through satellite channels by the name of “Business Plus” and “Zaiqa” respectively. The principal places for Business Plus and Zaiqa is situated at Karachi and for Newspapers is at Lahore.

The symbol “MDTL” is being used by the stock exchanges for the shares of Media Times Limited.