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The FCCL Board of Directors gave their approval for the integration of Askari Cement Ltd. into its operations through a scheme of arrangement. The consolidation occurred based on a share swap ratio of 5:1, implying that for every 1 share held in Askari Cement Limited, 5 shares of Fauji Cement Company Limited were issued. [10] [11] [12]
Fauji Foundation is predominantly managed by the Pakistan Army, with about 85-90 percent of these positions filled by retired Army personnel. [5] The managing director is usually an only a retired Army general, and the board of directors is chaired by the Federal Secretary of Defence, with members drawn from within the organization.
In 2014, AWT acquired Fauji Security Services from Fauji Foundation. [6] In the same year, Askari Apparel was established in Lahore. [6] In 2015, AWT inaugurated Askari Blue Lagoon in Faisalabad. [6] In 2017, AWT founded an asset management company named AWT Investment Company in a joint venture with Pak Brunei Investment Company. [11]
Anwar Ali Haider is a Pakistani retired military officer who is currently serving as the managing director of Fauji Foundation.He served in various positions in Pakistan Army including Adjutant General in General Headquarters, President National Defense University and Director General Staff Duties in Chief of Army Staff Secretariat.
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...
Attock Cement was established in 1981 and commercial production starting in 1988 with a capacity of 0.6 million tons per annum. [2] [4] In 2002, Attock Cement was listed on the Karachi Stock Exchange. [5] Attock Cement went through a series of expansions, and now the company has a production capacity of 3 million tons annually as of 2018. [2] [6]
From January 2008 to December 2012, if you bought shares in companies when William B. Harrison, Jr. joined the board, and sold them when he left, you would have a -29.6 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Syed Arif Hasan (born 11 Nov 1950) is a Pakistani former sports administrator and retired three-star rank general who served as the president of the Pakistan Olympic Association for over 20 years, a time period when the country did not win any medals.