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Saudi Pak Leasing Company Limited


Saudi Pak Industrial and Agricultural Investment Company Limited acquired 30 per cent stake in Standard Chartered Mercantile Leasing Company  Limited in 1997. The company is listed on the Stock Exchange and is the fifth largest company in the leasing sector in Pakistan. The total assets of the company stood at Rs.7,435.387 million as on June 30, 2008. The company generated total revenues of Rs.871 million and earned net profit after tax Rs.73.465 million for the year ended June 30, 2008. The company has been awarded long term entity rating of A by JCR-VIS Credit Rating Company Limited.
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Saudi Pak Insurance Company Limited

   
 

                                              

 Saudi Pak Insurance Company Limited is owned by Saudi Pak with 60% share holdings. Saudi Pak Insurance company Ltd launched with a paid up capital of Rs.250 million well above the regulatory requirement of Rs.80 million as set out by Insurance Ordinance 2000 duly authorized by SECP. The paid up capital has been increased to Rs. 325 million. The Company started its operations from 14th April 2005.

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Saudi Pak Real Estate Limited

   
 

Saudi Pak Real Estate Limited is 100% owned subsidiary of Saudi Pak. It was launched with paid up capital of Rs.100 million which has since been increased to Rs.250 million. The Company started its operation in December 2007. Its Head Office in Karachi.

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