Governance

Profile of Board of Directors

Mr. Muhammad Farrukh is a seasoned businessman and an avid learner He has over 15 years of experience. His role encompasses exploring untapped export markets and managing group`s banking support. His passion for the business steers the company in the most profitable and determined manner.

Mr. Abdul Majeed Ghaziani is a Qualified Cost & Management Accountant from Institute of Cost & Management of Pakistan. He is an ex-treasurer – Rice Exporters Association of Pakistan. He has over 20 years of experience in commodity business. His core expertise is in the area of exploring new products & business ventures and integrating them with the current business model. His knowledge along with decades of experience adds a high value in intellectual asset of the company.

Mr. Safdar Sajjad’s multi-dimensional experience is the key through which the group is managing the voluminous trade. His responsibilities include but not restricted to managing the logistics, procurement and disbursement of the products. He has over 15 years of experience. He knows the every minor detail of the operations and his knowledge cannot be undermined.

Mr. Abdul Hafeez is Masters in Computer Science. He has gained dual experience of Information Technology as well as Accountancy in his career. He has over 15 years of experience. His core expertise of imports enables the group to achieve market competitiveness.  His perfectionist nature is key element to the growth of company.

Mr. Sheikh Ali Baakza studied at Wharton Business School, USA for 2.5 years and successfully completed several courses with Grain and Food Trading Organizations in London. He has an exhaustive experience of 15 years in trading and shipping and has remained associated with renowned organizations namely; Ameropa, Cargill and Louis Dreyfus. His core expertise in solvent extraction, shipping and trading commodities enables the group to discover new opportunities and expand its horizons.

Mr. Saqib Ashfaq has Master of Commerce degree from Karachi University. He is with the company since 28.3.1998 He has over 22 years experience in yarn marketing and sales. He has also participated in the setting up of towel and knitted fabric manufacturing units. He is exempt from directors’ training program under Code of Corporate Governance 2012. 3.

Mr. Amir Ashfaq is Commerce Graduate from Karachi University. He joined the company on 28.3.1998. He has 20 years experience of office administration and yarn sale. He was looking imports and exports of the company. He is coordinating office routine work with the staff members. He is exempt from directors’ training program under Code of Corporate Governance 2012.

 

Shareholding Pattern

Shareholding pattern as at 30th June, 2016

Auditors
Naveed Zafar Ashfaq Jaffery & Co
Chartered Accountants
1st floor, Modern House
Beamount Road
Karachi.

Legal Advisor
Farooq Rashid & Co
Advocates and Corporate Consultants
403 Commerce Centre
Hasrat Mohani Road
Karachi-74200

 

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