Karachi, November 29, 2012 (PPI-OT): We wish to inform you that under section 86 (3) Companies ordinance, that our Chairman/ Directors/ CEO and Management Company i.e. Paramount Investments Limited have deposited their share for Right Entitlement (R-1) of our Modaraba into Meezan Bank as per following details.
|S. No||Name||Designation||Entitled Certificates||Amount in Rupees||Date of Deposit|
|1.||Mr. Tanveer Ahmed||Chairman||12750||127,500||November 22, 2012|
|2.||Mr. Abdul Razzak Jangda||Director||2871||28,716||November 16, 2012|
|3.||Mr. Nadeem Iqbal||Director||150||1,500||November 21, 2012|
|4.||Mr. Abdul Ghaffar Umer||CEO||3600||36,000||November 19, 2012|
|5.||Paramount Investments Ltd.||Management||355812||3,558,126||November 22, 2012|
The above information has been providing to for your necessary action.
For more information, contact:
Chief Financial Officer
First Paramount Modaraba
First Floor, Suit # 107 and 108,
P.E.C.H.S. Community Hall,
Block No. 2 P.E.C.H.S.,
Ph Nos: 34381037, 34381038, 34381101