Election of Directors of MCB-Arif Habib Savings and Investments Limited

Karachi, MCB-Arif Habib Savings and Investments Limited informed Pakistan Stock Exchange that the seven members have filed themselves, for the election of directors for the next term of three years at the extraordinary general meeting to be held on February 06, 2023 at Karachi.

MCB-Arif Habib Savings and Investments Limited was incorporated in the name of Arif Habib Investment Management Limited (AHIML) on 30 August 2000 as an unquoted public limited company.

During 2008, AHIML was listed on the Karachi Stock Exchange Limited (now integrated into the Pakistan Stock Exchange Limited) by way of offer for sale of shares by a few of its existing shareholders to the general public. In the same financial year, the name of AHIML was changed from “Arif Habib Investment Management Limited” to “Arif Habib Investments Limited” (AHIL).

The total numbers of shares are 72,000,000. The Earnings per share is 5.23 in 2021 which was 3.58 in 2020. The Profit after Taxation is 376,434,000 in 2021 which was 257,669,000 in 2020.