Pakistan Company News – Appointment of Chief Executive Officer of AKD Capital Limited

Appointment of Chief Executive Officer of AKD Capital Limited

Karachi, AKD Capital Limitedinformed Pakistan Stock Exchange that Mr. Aurangzeb Ali Naqvi has been appointed as Chief Executive Officer with effect from July 18, 2018 in place of Mr. Nissar Ahmed.

AKD Capital Limited engages in real estate development activities in Pakistan. It also offers projects
financing and management services; invests in listed securities; and engages in leasing activities. The
company was incorporated in 1936 and is based in Karachi, Pakistan.

The symbol “AKDCL” is being used by the stock exchanges for the shares of AKD Capital Limited.