Brownfield Status / Restart of Production Operations of DewanFarooque Motors Limited


Karachi, DewanFarooque Motors Limitedinformed Pakistan Stock Exchange that “Alhamdulillah” by the grace of Almighty Allah, Engineering Development has approved the Brownfield Status for the Company.
DeewanFarooque Motors Limited is a company incorporated in Pakistan on December 28, 1998 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company has entered into separate technical License/ collaboration agreements with Hyundai Motor Company, Korea and KIA Motors Corporation, Korea. The principal activity of the company is the assembly, progressive manufacturing and sales of Hyundai and KIA vehicles in Pakistan. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and the manufacturing facility of the company is located in Sindh.

The company commenced commercial production through the interim facility from January 1, 2000. The company has suspended its operations since November, 2010.

The symbol “DFML” is being used by the stock exchanges for the shares of DeewanFarooque Motors Limited.