Directors' Report Mega Conglomerate (Private) Limited Consolidated Financial Statements for the ended June 30, 2017 The Board of Directors of Mega Conglomerate (Prlvate) Limited take pleasure in presenting their Annual Report for the year ended lune 30, 2017 to8ether with the Audited Accounts of the Company and Auditors' Report for the year ended June 30, 2017. FinancialResults During the year ended lune 30, 2017 your company has a consolidated net profit. The profit is mainly attributed throlgh capital gain arrived on account of property income. The inflow due to acquisition of Mega Corporate Towe. by Habib Bank Limited has been invested in short and long term, and availed fi nancing facilities aft er collateralizing the investment. For the year ended June 30, 2017, Haleeb Foods Limited subsidiary of your company has shown a !; profitable operational performance. Future Outlook Your company is in the phase of explorinB the opportunities for making further investment at new front for business prospects in real estate / construction. As a result a land mark, acquisition has been made through one of its subsidiary. Also your company through one of its subsidiary availing a good financing facility to boost the present business and new venture in future year. There is huge potential of rural development in Pakistan where your subsidiary company Haleeb Foods Limited (HFL) can add value for improving the quality of life. HFL has identified focus area where it can optimize the creation of shared value, through groMh and sustainability, for itself, its stakeholders and community. We are hopeful that economic prospects of the country will improve in the future. HFL is committed to Pakistan and will continue to enhance the quality of life by emphasizing on its products. Auditors The present auditors M/s Muniff Ziauddin & co., chartered Accountants, Karachi, retire and being eligible, offer themselves for re-appointment under the requirement of the Companies Ordinance 1984. I. The Board of Directors has recommended their appointment as auditor of the Company for the year endedlune 30, 2018. Appreciation The directors record their appreciation of the efforts of the Company officer / staff / worker, financial institutions, vendors / suppliers, customers for their co-operations and support for their zeal and commitment enabling your company to achleve the Bood results. On behalfofthe Board of Mega Conglomerate (Private) Limited Habibullah 2 I sEP 20,7 .