Saudi Pak Industrial and Agricultural Investment Company Limited was incorporated in 1981 under a joint venture Agreement signed between the Government of Islamic Republic of Pakistan and Kingdom of Saudi Arabia. The initial authorized capital of the Company was Rs. 1,000 million. As of December 31, 2009 paid up capital of the Company amounted to Rs. 6,000 million. The break-up of the share holding is as follows:

• Government of Islamic Republic of Pakistan  50% (through State Bank of Pakistan)
• Kingdom of Saudi Arabia                             50% (through pubic investment fund)