Annual Report 2018 Annual Report 2018 Content
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Building a Prosperous Future
Building a Prosperous Future QUARTERLY REPORT SEPTEMBER 2019 Cover 02 Content 02 Company Information 04 Directors’ Report 06 Condensed Interim Statement of Financial Position 07 Condensed Interim Statement of Profit or Loss (Unaudited) 08 Condensed Interim Statement of Comprehensive Income (Unaudited) 09 Condensed Interim Statement of Changes in Equity (Unaudited) 10 Condensed Interim Statement of Cash Flow (Unaudited) 12 Notes To The Condensed Interim Financial Information Company Information Board of Directors Arif Habib Chairman Samad A. Habib Chief Executive Abdul Qadir Sultan Director Alamgir A. Sheikh Director Muhammad Ejaz Director Saeed Ahmed Director Darakshan Zohaib Director Muhammed Siddique Khokhar Director Faisal Anees Bilwany Director Chief Financial Officer & Company Secretary Muneer Gader Audit Committee Abdul Qadir Sultan Chairman Alamgir A. Sheikh Member Muhammad Ejaz Member Owais Ahmed Secretary HR & Remuneration Committee Saeed Ahmed Chairman Arif Habib Member Muhammad Ejaz Member Samad A. Habib Member 02 Javedan Corporation Limited Auditors Registered Office Reanda Haroon Zakaria & Co., Arif Habib Center, Chartered Accountants 23, M.T.Khan Road, Karachi Pakistan - 74000, EY Ford Rhodes Tel : 32460717-19 Chartered Accountants Fax: 32466824 Website: www.jcl.com.pk Bankers Site Office: Allied Bank Limited Al-Baraka Pakistan Limited Naya Nazimabad, Manghopir Road, Karachi -75890 Askari Bank Limited Tel : 92-21-32061997-98, 32061903-04, Bank Al-Falah Limited 36770141-42, Fax: 92-21-36770144 Banklslami Pakistan Limited Website: www.nayanazimabad.com Habib Bank Limited MCB Bank Limited Share Registrar National Bank of Pakistan Sindh Bank Limited CDC Share Registrar Services Limited, Summit Bank Limited CDC House, 99-B, Block 'B' S.M.C.H.S United Bank Limited Sharah-e-Faisal, Karachi. -
Annual-Audited-Financial-Statements-2016.Pdf
ANNUAL REPORT - 2016 TABLE OF CONTENTS Company Information 04 Vision 06 Mission 07 Notice Of 54th Annual General Meeting 08 Core Values and Code of Conduct 14 Board of Director's 16 Organizational Structure 24 Directors’ Report 25 Performance Review Report 33 Review Report to the Members on Statement of 34 Compliance with the Code of Corporate Governance Statement of Compliance with the 35 Code of Corporate Governance Auditors’ Report to the Members 38 Balance Sheet 40 Profit and Loss Account 41 Statement of Comprehensive Income 42 Cash Flow Statement 43 Statement of Changes In Equity 45 Notes to the Financial Statements 46 Pattern of Shareholding 85 Categories of Shareholders 86 Financial Calendar 89 Form of Proxy 91 COMPANY INFORMATION Board of Directors Arif Habib Chairman Samad A. Habib Chief Executive Abdul Qadir Director Alamgir A. Sheikh Director Hassan Ayub Adhi Director Muhammad Kashif Habib Director Muhammad Ejaz Director Mohammed Siddiq Khokhar Director Faisal Anees Bilwani Director Chief Financial Officer & Company Secretary Syed Muhammad Talha Audit Committee Abdul Qadir Chairman Muhammad Kashif Habib Member Muhammad Ejaz Member Owais Ahmed Secretary HR & Remuneration Committee Arif Habib Chairman Samad A. Habib Member Muhammad Ejaz Member 04 Annual Report 2016 Auditors Haroon Zakaria & Co. Deloitte Yousuf Adil Chartered Accountants Chartered Accountants Bankers Allied Bank Limited MCB Bank Limited Al-Baraka Pakistan Limited National Bank of Pakistan Askari Bank Limited NIB Bank Limited Bank Al-Falah Limited Sindh Bank Limited Banklslami Pakistan Limited Summit Bank Limited Faysal Bank Limited United Bank Limited Habib Bank Limited Bank of Punjab Registered Office Share Registrar Arif Habib Center, Central Depository Company of 23, M.T.Khan Road, Pakistan Limited, CDC House, 99-B, Karachi Pakistan - 74000, Block 'B' S.M.C.H.S Shahrah-e-, Faisal, Tel : 32460717-19 Karachi. -
Makers-Of-Modern-Sindh-Feb-2020
Sindh Madressah’s Roll of Honor MAKERS OF MODERN SINDH Lives of 25 Luminaries Sindh Madressah’s Roll of Honor MAKERS OF MODERN SINDH Lives of 25 Luminaries Dr. Muhammad Ali Shaikh SMIU Press Karachi Alma-Mater of Quaid-e-Azam Mohammad Ali Jinnah Sindh Madressatul Islam University, Karachi Aiwan-e-Tijarat Road, Karachi-74000 Pakistan. This book under title Sindh Madressah’s Roll of Honour MAKERS OF MODERN SINDH Lives of 25 Luminaries Written by Professor Dr. Muhammad Ali Shaikh 1st Edition, Published under title Luminaries of the Land in November 1999 Present expanded edition, Published in March 2020 By Sindh Madressatul Islam University Price Rs. 1000/- SMIU Press Karachi Copyright with the author Published by SMIU Press, Karachi Aiwan-e-Tijarat Road, Karachi-74000, Pakistan All rights reserved. No part of this book may be reproduced in any from or by any electronic or mechanical means, including information storage and retrieval system, without written permission from the publisher, except by a reviewer, who may quote brief passage in a review Dedicated to loving memory of my parents Preface ‘It is said that Sindh produces two things – men and sands – great men and sandy deserts.’ These words were voiced at the floor of the Bombay’s Legislative Council in March 1936 by Sir Rafiuddin Ahmed, while bidding farewell to his colleagues from Sindh, who had won autonomy for their province and were to go back there. The four names of great men from Sindh that he gave, included three former students of Sindh Madressah. Today, in 21st century, it gives pleasure that Sindh Madressah has kept alive that tradition of producing great men to serve the humanity. -
Public and Private Control and Contestation of Public Space Amid Violent Conflict in Karachi
Public and private control and contestation of public space amid violent conflict in Karachi Noman Ahmed, Donald Brown, Bushra Owais Siddiqui, Dure Shahwar Khalil, Sana Tajuddin and Gordon McGranahan Working Paper Urban Keywords: November 2015 Urban development, violence, public space, conflict, Karachi About the authors Published by IIED, November 2015 Noman Ahmed, Donald Brown, Bushra Owais Siddiqui, Dure Noman Ahmed: Professor and Chairman, Department of Shahwar Khalil, Sana Tajuddin and Gordon McGranahan. 2015. Architecture and Planning at NED University of Engineering Public and private control and contestation of public space amid and Technology in Karachi. Email – [email protected] violent conflict in Karachi. IIED Working Paper. IIED, London. Bushra Owais Siddiqui: Young architect in private practice in http://pubs.iied.org/10752IIED Karachi. Email – [email protected] ISBN 978-1-78431-258-9 Dure Shahwar Khalil: Young architect in private practice in Karachi. Email – [email protected] Printed on recycled paper with vegetable-based inks. Sana Tajuddin: Lecturer and Coordinator of Development Studies Programme at NED University, Karachi. Email – sana_ [email protected] Donald Brown: IIED Consultant. Email – donaldrmbrown@gmail. com Gordon McGranahan: Principal Researcher, Human Settlements Group, IIED. Email – [email protected] Produced by IIED’s Human Settlements Group The Human Settlements Group works to reduce poverty and improve health and housing conditions in the urban centres of Africa, Asia -
Informal Land Controls, a Case of Karachi-Pakistan
Informal Land Controls, A Case of Karachi-Pakistan. This Thesis is Submitted in Fulfilment of the Requirements for the Degree of Doctor of Philosophy Saeed Ud Din Ahmed School of Geography and Planning, Cardiff University June 2016 DECLARATION This work has not been submitted in substance for any other degree or award at this or any other university or place of learning, nor is being submitted concurrently in candidature for any degree or other award. Signed ………………………………………………………………………………… (candidate) Date ………………………… i | P a g e STATEMENT 1 This thesis is being submitted in partial fulfillment of the requirements for the degree of …………………………(insert MCh, MD, MPhil, PhD etc, as appropriate) Signed ………………………………………………………………………..………… (candidate) Date ………………………… STATEMENT 2 This thesis is the result of my own independent work/investigation, except where otherwise stated. Other sources are acknowledged by explicit references. The views expressed are my own. Signed …………………………………………………………….…………………… (candidate) Date ………………………… STATEMENT 3 I hereby give consent for my thesis, if accepted, to be available for photocopying and for inter- library loan, and for the title and summary to be made available to outside organisations. Signed ……………………………………………………………………………… (candidate) Date ………………………… STATEMENT 4: PREVIOUSLY APPROVED BAR ON ACCESS I hereby give consent for my thesis, if accepted, to be available for photocopying and for inter- library loans after expiry of a bar on access previously approved by the Academic Standards & Quality Committee. Signed …………………………………………………….……………………… (candidate) Date ………………………… ii | P a g e iii | P a g e Acknowledgement The fruition of this thesis, theoretically a solitary contribution, is indebted to many individuals and institutions for their kind contributions, guidance and support. NED University of Engineering and Technology, my alma mater and employer, for financing this study. -
Leading the Direction to Growth
Dolmen City REIT Leading the REIT MANAGEMENT LIMITED Arif Habib Centre, 23, M.T. Khan Road, Karachi-74000 TEL: (92-21) 32460717-9, 32468102 Direction to Growth FAX No: (92-21) 32466824 E-MAIL: [email protected] Annual Report 2020 REIT MANAGEMENT LIMITED Website: www.arifhabibdolmenreit.com About REITs A Real Estate Investment Trust (REIT) is an entity that professionally manages a pool of money from individuals and institutions to buy developed properties for rent, or to develop real estate and sell or rent it. The proceeds from rent or sale of the property are distributed to the unit holders. Table of Contents 02 Scheme’s Information 05 Vision , Mission & Delivering Value 06 Board of Directors’ Profile 12 Chairman’s Review 16 Directors‘ Report 29 Pattern of Unit holding 34 Financial Highlights 36 Statutory Reports 37 Trustee Report 38 Shariah Review Report 40 Valuation Report REITs In Pakistan 58 Review Report to the Members on Statement of Compliance with of Code of Corporate Governance 59 Statement of Compliance with the Code of Corporate Governance REIT Regulatory Framework in Pakistan was introduced by Securities and Exchange for the Year Ended 30th June 2020 Commission of Pakistan (SECP) in January 2008, subsequently replaced by REIT 62 Independent Auditor’s Report Regulations 2015 as amended in 2018. These regulations are comprehensive with the 68 Financial Statements principal focus on the protection of investors’ interests. A “REIT Scheme” is a listed, 108 Directors’ Report in Urdu Language closed-end fund registered under Real Estate Investment Trust Regulations 2018. The three types of REIT schemes in Pakistan are: Developmental REIT: A Developmental REIT Scheme invests in the development of real estate for Industrial, Commercial or Residential purposes through construction or refurbishment. -
Association of Builders and Developers of Pakistan List of Members of Abad As on 15 October, 2016
ASSOCIATION OF BUILDERS AND DEVELOPERS OF PAKISTAN LIST OF MEMBERS OF ABAD AS ON 15 OCTOBER, 2016 ORDINARY MEMBERS OF SOUTHERN REGION S. Mb Company Name Representative Phone No. Fax No. No. No. 1. 7 Seas Construction 992 Sheikh Muhammad Zeeshan 34934660 Plot No. 111, Block-3, FM Shamsi 32724086 City Tower, Bahadurabad, Muhammad Usman Shamsi Alamgir Road, Karachi. 2. A & Z Associates FM Mr. Bilal Wakeel 35880199 Plot No. FL-3, Block 1, KDA Scheme 1642 Mr. Askari Asghar Agha 5, Clifton, Karachi 3. A. A. Builders & Developers 493 Waqar Mehmood Khan 34985842 35800589 1st Floor, Shaes Centre, FM Tariq Ashfaq 34982724 SB-25, Block-13-C, Main University Road, Gulshan-e-Iqbal, Karachi. 4. A.A. Construction Co. 783 Muhammad Munaf 32567801- 32567809 F-442, FM Muhammad Ayub Sorathia 5 32567018 S.I.T.E, 32413401 Karachi. 32416600 5. A. A. Enterprises 464 Muhammad Ikhlaq Memon 34549645-7 34549669 Suite No.101, Fortune Centre, FM Muhammad Usman 34949645- Shahrah-e-Faisal, 46 Karachi. [email protected] [email protected] 6. A. A. Qazi & Compay FM Mr. Aijaz Ahmed Qazi 022- Qazi House B # A-10, Ali Nagar 1554 Engr. Ghulam Mustafa Abro 2030428 House Scheme, Qasimabad, Hyderabad. 7. A. F. Builders & Developers 1276 Mr. Mohammad Arif 32627000 Shop No.1 & 2, Farhan Plaza, Near FM Mr. Mohammad Rashid Babul Islam Masjid, Dr. Hingorani Road, Aram Bagh, Karachi 8. A. K. Associates FM Mr. Muhammad Arif Hussain 34394914 B-10, Samrina Tower, Block 7/8, 1461 Mrs. Nazia Khalid KCHSU, Sultan Ahmed Shah Road, DSHS, Karachi.. Document No. -
Of 8 S# Branch Code Branch Name Branch Adress City/Town 71 165 Gilgit Branch Main Bazar Airport Road Gilgit Gilgit 72 731 Ranai Road, Chillas Shop No
S# Branch Code Branch Name Branch Adress City/Town 1 24 Abbottabad Branch Mansera Road Abbottabad Abbottabad 2 312 Sarwarabad, Abbottabad Sarwar Mall, Mansehra Road Abbottabad Abbottabad 3 345 Jinnahabad, Abbotabad PMA Link Road, Jinnahabad Abbottabad Abbottabad 4 721 Mansehra Road, Abbotabad Lodhi Golden Tower Supply Bazar Mansehra Road Abbottabad Abbottabad 5 721A PMA Kakul Abbottabad IJ-97, Near IJ Check Post, PMA Kakul, Abbottabad. Abbottabad 6 351 Ali Pur Chatha Near Madina Chowk, Ali Pur Chattha Ali Pur Chattha 7 266 Arifwala Plot # 48, A-Block, Outside Grain Market, Arifwala Arifwala 8 197 Attock City Branch Ahmad Plaza Opposite Railway Park Pleader Lane Attock City Attock 9 318 Khorwah, District Badin survey No 307 Main Road Khurwah District Badin Badin 10 383 Badyana Pasrur Road Badyana, District Sialkot. Badyana 11 298 Bagh, AJ&K Kashmir Palaza Hadari Chowk BAGH, Azad Kashmir BAGH AJK 12 201 Bahawalnagar Branch Grain Market Minchanabad Road Bahawalnagar Bahawalnagar 13 305 Haroonabad Plot No 41-C Ghalla Mandi, Haroonabad District Bahawalnagar Bahawalnagar 14 390 Grain Market, Model Town-B, Bahawalpur Plot No. 112/113-B, Model Town-B, Bahawalpur Bahawalpur 15 134 Channi Goth Bahawalpur Uch Road Channi Goth Tehsil Ahmed Pur East Bahawalpur 16 269 UCH Sharif, District Bahawalpur Building # 68-B, Ahmed Pur East Road, Uch Sharif, Distric Bahawalpur Bahawalpur 17 25 Noor Mahal Bahawalpur 1 - Noor Mahal Road Bahawalpur Bahawalpur 18 261 Bahawalpur Cantt Al-Mohafiz Shopping Complex, Pelican Road, Opposite CMH, Bahawalpur Cantt Bahawalpur 19 750 IBB Circular Rd Bhawalpur Khewat No 38 Ground & First floor Aziz House Rafique Sabir Building Circular Road Bahawalpur Bahawalpur 20 258A Bannu Cantt Shop No. -
12086369 01.Pdf
Exchange Rate 1 Pakistan Rupee (Rs.) = 0.871 Japanese Yen (Yen) 1 Yen = 1.148 Rs. 1 US dollar (US$) = 77.82 Yen 1 US$ = 89.34 Rs. Table of Contents Executive Summary Introduction Chapter 1 Review of Policies, Development Plans, and Studies .................................................... 1-1 1.1 Review of Urban Development Policies, Plans, Related Laws and Regulations .............. 1-1 1.1.1 Previous Development Master Plans ................................................................................. 1-1 1.1.2 Karachi Strategic Development Plan 2020 ........................................................................ 1-3 1.1.3 Urban Development Projects ............................................................................................. 1-6 1.1.4 Laws and Regulations on Urban Development ................................................................. 1-7 1.1.5 Laws and Regulations on Environmental Considerations ................................................. 1-8 1.2 Review of Policies and Development Programs in Transport Sector .............................. 1-20 1.2.1 History of Transport Master Plan .................................................................................... 1-20 1.2.2 Karachi Mass Transit Corridors ...................................................................................... 1-22 1.2.3 Policies in Transport Sector ............................................................................................. 1-28 1.2.4 Karachi Mega City Sustainable Development Project (ADB) -
Studies in Planning and Management Transition in the Karachi Metropolitan Region
COMMENTARY From development authorities to democratic institutions: Studies in planning and management transition in the Karachi Metropolitan Region Commonwealth Journal of Local Governance Issue 7: November 2010 http://epress.lib.uts.edu.au/ojs/index.php/cjlg Noman Ahmed Department of Architecture and Planning NED University of Engineering and Technology Karachi, Pakistan 1. Introduction Karachi is a relatively young metropolis. The city is about three centuries old, founded as a port by local Hindu merchants and traders. The British conquered the city in 1839, occupied the entire principality of Sindh in 1843 and designated Karachi as headquarters of the territory. The city experienced different phases of growth. When Pakistan came into being in 1947, a large number of refugees entered the city and the population jumped from 435,000 in 1947 to 1,050,000 in 1951. Karachi has remained the primate city of Pakistan, with a high annual growth rate of 5-7 percent per annum (Ahmed 1998). Current estimates suggest that the city has about 17 million inhabitants. Karachi houses 7 per cent of the total population and 23 per cent of the urban population of Pakistan. Its current rate of growth is estimated at around 5 per cent, of which 3 per cent is due to natural increase and 2 per cent to migration from the other parts of the country. Karachi provides 25 per cent of federal revenue and 15 per cent of Pakistan’s gross domestic product (GDP). In addition, 50 per cent of the country’s bank deposits and 72 per cent of all issued capital is contributed by the city (Hasan 2010; CDGK 2008). -
Karachi Heatwave Management Plan: a Guide to Planning and Response
Karachi Heatwave Management Plan: A Guide to Planning and Response Commissioner Karachi Purpose of the Document This document, Karachi Heatwave Management Plan, outlines what should happen before, during and after periods of extreme heat in Karachi. It sets out strategies that government and non-government agencies will adopt to prevent heat-related illnesses and deaths in Karachi and capacitate the public, particularly the most vulnerable residents, to take protective action. The Plan describes actions of implementation partners to ensure (1) information on weather conditions and heat health is timely and specific, (2) organizations have the capacity to respond according to their roles, and (3) strategies and actions enabling increase in effectiveness over time. In June 2015 Karachi City experienced a severe heatwave that caused over 1,200 deaths and over 50,000 cases of heat illness. The heatwave caught all levels of government and first responders off-guard, highlighting the need for inter-agency coordination, clarity in roles, and a well-publicized trigger to activate a planned response. To address this need and to prevent health impacts from future heatwaves as climate change intensifies, the Commissioner Office Karachi requested support from the Climate and Development Knowledge Network (CDKN) to develop a heatwave management plan. Karachi’s first Heatwave Management Plan is the result of a technical assistance project delivered by national and international experts between October 2016 and May 2017, working closely with the Commissioner Office and other stakeholders. The Plan will be subject to an annual performance review and updated versions will be available to implementation partners accordingly. ii | P a g e Table of Contents List of Figures ...................................................................................................................... -
An Overview 2017-2018
AN OVERVIEW 2017-2018 EXPLANATORY MEMORANDUM The purpose of explanatory memorandum is to provide a guide to the Karachi Metropolitan Corporation annual budget. It entails budgetary planning and an over-view of the two major components of the budget: revenues and expenditure. It contains three main chapters: i. An Overview: Fiscal Policies of KMC. ii. Estimates of Receipts: Revenue resources of KMC and its analytical study. iii. Estimates of Expenditure: Current and Development of Expenditure and KMC’s obligatory Responsibilities. Explanatory Memorandum Page 1 AN OVERVIEW 2017-2018 Brief History. Board of Conservancy now Karachi Metropolitan Corporation. The local government institution as a basic democratic entity and as a basic administrative unit has been recognized all over the civilized world. The body which is elected by the residents on their own to regulate and manage public affairs and meet the need of local residents and to improve efficient service delivery at the local level to develop a sustainable quality of life for people. The Local Government in Karachi has a strong history. It can be claimed that Karachi is one of the few cities in the Indo-Pak sub-continent where municipal administration was established primitively during the early British Period, to cope with the epidemic of cholera, which was then ravaging the city. • In the year 1846 “Board of Conservancy” was established. • In the year 1852 the Board of Conservancy was converted in a “Municipal Commission” under the Municipal Act of 1850 with its temporary offices established at McLeod Road (the present I.I.Chundrigar Road). • In the year 1878, however the Bombay District Municipal Act (Act VI of 1873) was extended to Provence of Sindh areas including the “City Municipality of Karachi.” • The promulgation of Local Government legislation was continued when in the year 1933 the “City of Karachi Municipal Act, 1933” was promulgated and the “Municipal Corporation of the City of Karachi”came into being.