Thal : Appointment of Chairman and Chief Executive Officer of the Company
December 14, 2022 at 03:46 am EST
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TL/2022/3592
December 14, 2022
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road,
Karachi-74000
APPOINTMENT OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Dear Sir,
This is to inform you that Mr. Rafiq M. Habib and Mr. Muhammad Tayyab Ahmad Tareen have re-appointed as Chairman and Chief Executive Officer of Thal Limited, respectively, as decided at the Board of Directors Meeting held on December 13, 2022 for a period of three years with effect from December 01, 2022 to November 30, 2025.
You may please inform the TRE Certificate Holders of the exchange accordingly.
Yours faithfully,
For Thal Limited
Salman Khalid
Company Secretary
Cc:
Executive Director / HOD
Offsite-II Department,
Supervision Division,
Securities and Exchange Commission of Pakistan
63, NIC Building, Jinnah Avenue
Blue Area, Islamabad
Pakistan
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Thal Ltd. published this content on 14 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2022 08:45:00 UTC.
Thal Limited is a Pakistan-based company. The Company is engaged in the manufacture of jute goods, engineering goods, packaging, and laminate sheets. The jute operations are located at Muzaffargarh, Punjab, engineering operations at Karachi, Sindh, packaging operations at Hub, Balochistan and Gadoon, Khyber Pakhtunkhwa and laminate operations at Hub, Balochistan. The Company operates through two segments: the engineering segment and the packaging, building material & allied products segment. The Companyâs engineering segment comprises the Thermal & Engine Components Division, and Electric Systems Division. These divisions are primarily focused on the manufacturing of parts for the automotive industry. The Companyâs packaging, building material & allied products segment comprises: Jute Division, Packaging Division, and Laminates Division. The Laminates division operates under the brand name Formite in the engineered surface industry offering technical laminates and laminated boards.