Islamabad March 9 2022: Ansari Brothers made Public Announcement of Intention to acquire 15,835,403 ordinary shares representing 35.06 percent of the total ordinary shares, and 33,320,840 unencumbered and fully paid-up preference shares representing 63.08 percent of the total non-voting, non-cumulative, convertible, unlisted, redeemable preference shares & control of Saudi Pak Leasing Company Limited.
Ansari Brothers (Pvt.) Limited
A private limited company, incorporated in Pakistan, involved in the business of providing turn key solutions for the construction and infrastructure industry. Some of the key solutions offered include construction, infrastructure development, architectural solutions, civil engineering services and general consultation.
Saqib Ahmed Ansari
A local businessman involved in the business of modern architectural construction and development. He is the director and part owner of Ansari Brothers (Pvt.) Limited and has experience in construction of multi-rise buildings, high rise plazas, town planning and development. He is also associated with AKS Foundation and INSPAD in Belgium.
Saudi Pak Leasing Company Limited
Saudi Pak Leasing Company Limited was incorporated in Pakistan on 08 January 1991 under the repealed Companies Ordinance, 1984. The main business activity of the Company is leasing of assets.