Security Leasing Corporation Limited informed Pakistan Stock Exchange that the Board of Directors of the Company has appointed Mr. S. M. Nadim Shafiqullah as Chairman of the Company in replacement of Mr. Mohammad Rasheed Khan with immediate effect from January 23, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/document/141805.pdf

Security Leasing Corporation Limited is a company incorporated in Pakistan on December 6, 1993. The foundations of the company are laid uner the Companies Ordinance, 1984. The commercial operations of the company commenced on May 21, 1995 after receiving the license to carry on leasing business and the Certificate to Commence Business. The principle activity of the company is providing leasing to both individual and corporate entities for timely repayments, good profitablity and strong cashflows from their operations. The stocks of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi.

The symbol "SLCL" is being used by the stock exchanges for the shares of Security Leasing Corporation Limited.

© Pakistan Press International, source Asianet-Pakistan