Appointment of Director of Orix Leasing Pakistan Limited

Karachi, Orix Leasing Pakistan Limited informed Pakistan Stock Exchange that Mr. Matsumoto has been appointed as Director of the company with effect from September 01, 2022 in place of Mr. Shin Hamada.

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.