+ Millat Industrial Products Ltd
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Board of Directors:

Mr. Sikandar Mustafa Khan (Chairman)


Mr. Sikandar Mustafa Khan qualified as a Mechanical Engineer from NED University of Engineering & Technology, Karachi in 1967. He has a Post Graduate Diploma from the University of New-Castle Upon Tyne, U.K.(1969) and Masters’ Degree & Diploma in Production Engineering (DIC) from Imperial College of Science and Technology, London University (1970), He also attended several management courses locally and abroad, including International Advanced Management Program (1983) at International Management Institute, Geneva, Switzerland and Leadership Development Program at Center for Creative Leadership (Colorada Springs), U.S.A. In addition he participated in the Financial Management Course (1989) at Pakistan Staff College, Lahore, The Management Control Course (1990) and the Strategy for Business in Developing Countries Program(1993) at LUMS. Mr. Khan is serving on the Board of several Companies of both Public and Private Sector Companies including the Board of Habib Bank Limited, the largest private sector Bank of Pakistan. He has varied experience in the Automotive and Engineering Industry and has been associated with it since 1972. He was the Vice President of Lahore Chamber of Commerce & Industry (LCCI) for the period October 1997 to September 1998. Mr. Khan was appointed as Managing Director/Chief Executive Officer of Millat Tractors Limited (MTL) in October 1985 and was elected Chairman of the Board in 1991. In pursuance of the Privatization Policy of the Government, he successfully led his team for the Employee Buy-out of MTL. He is also the Chairman of Millat Group Companies including two associated companies; Bolan Castings Limited & Millat Equipment Limited and Millat Industrial Products Limited as a subsidiary of Millat Tractors Limited.

Mr. Sohail Bashir Rana (Director)


Mr. Sohail Bashir Rana is a qualified Mechanical Engineer (1970) from Engineering University, Lahore with over 45 years experience in the automobile sector in Pakistan and abroad. He has attended several management courses locally and abroad including Management Programmes at Ashridge (UK), Lahore University of Management Science (LUMS) and various Technical, Finance and Marketing courses in UK, UAE and Italy. He is a Fellow Member of the Institution of Engineers (Pakistan) and Institution of Mechanical Engineers (Pakistan), Member of American Society of Mechanical Engineers, Member Society of Automotive Engineers (USA). He has been associated with Millat Tractors in various capacities over the past 36 years heading Technical, Marketing and Finance Department and as Deputy Managing Director before being appointed Chief Executive of Millat Tractors Ltd, in 2006. Sohail was the founder Chief Executive of Millat Equipment – a Mallit Group Company -- from 1993 to 2005. This unit is producing highly precise gears, transmission components and sub assemblies for Massey Ferguson tractors. He is Director on Board of Millat Tractor Ltd, Bolan Castings Ltd, Millat Equipment Ltd, Millat Industrial Products Ltd and is Managing Director of UAE based TIPEG INTERTRADE DMCC Ltd. Sohail is currently the Chairman of the Pakistan Automotive Manufacturers Association (PAMA).

Mr. Latif Khalid Hashmi (Director)


Mr. Latif Khalid Hashmi did his Masters in Commerce from Hailey College of Commerce Lahore in 1968 and qualified as a Chartered Accountant in 1975 from the Institute of Chartered Accountant of Pakistan. He joined National Fertilizer Corporation in 1975 and served as the Head of Finance in Pakarab Fertilizers Limited and Paksaudi Fertilizers Limited for about 14 years. He joined Millat Tractors Limited in 1988 as the Head of Finance and also served as the Head of Marketing, Technical, and Administration and as Deputy Managing Director for several years. He was appointed Chief Executive of Millat Tractors Limited during 2004 -2006. He also served as Chief Executive of Bolan Castings Limited during 1997-2004.

Mr. Laeeq Uddin Ansari (Director)


Laeeq Uddin Ansari is a Mechanical Engineer from University of Engineering & Technology, Lahore with over 40 years of experience in the automobile sector in Pakistan. He attended number of local & foreign training programs, seminars and conferences. He Joined Millat Tractors Limited in 1983 and has since been associated with the Company in various capacities. He headed production, quality control, technical, finance and marketing departments of the Company; He also remained CEO of the Company till early 2012.

Mian Muhammad Saleem (Director & Company Secretary)


Mr. Saleem is associated with Millat Tractors Limited since 1967. He is a Commerce Graduate and Fellow Member of the Institute of Cost & Management Accountants of Pakistan. He attended number of local and foreign training programs, seminars and conferences. He headed finance, marketing and administration departments of the Company. He is also holding the position of Company Secretary in Millat Industrial Products Limited and is fully conversant with corporate laws.

Ahsan Imran Shaikh (Director)


Currently Mr. Ahsan Imran Saikh is serving as Chief Executive Officer of Millat Equipment Limited. He has served Millat Tractors Limited for about 14 years as part of management. He has diverse experience in management, production, supply chain, marketing and project management. He did Mechanical Engineering from University of Engineering & Technology Lahore, Master of Administrative Science from Punjab University Lahore and Master of Business Administration (Finance) from University of Bridgeport –CT, USA.

Chief Executive Officer:

Mr. Khawaja Ijaz Majeed (Chief Executive Officer)


Mr. Khwaja Ijaz Majeed is Mechanical Engineer from NED University of Engineering and Technology (1974-1978) and associated with Millat Industrial Products Limited since 2005. He turned around a loss making company to a sustained profitable venture. Previously he has been Provincial Chief of Small and Medium Enterprise Development Authority 1999 – 2005 (6 years) Karachi and Deputy General Manager of Hinopak Motors Limited 1992-1997 (6 years).

Chief Financial Officer:

Zeeshan Yousaf

Head of Internal Audit:

Muhammad Nadeem Ashraf

Auditors:

Ilyas Saeed & Co.
Chartered Accountants
A-4, Sea Breez Homes, Shershah Block New Garden Town, Lahore

Legal Advisor:

Asjad Saeed & Associates
Office: 161 Ahmed Block, New Garden Town, Lahore
Tel: 042-35442771 Email: asjadsaeed@gmail.com

Registered Address:

8.8-K.M. Lahore Sheikhupura Road,
Shahdra, Lahore.
042-111-200-786

Corporate Office:

14th Floor, Tricon Corporate Centre,73 Ghous-ul-Azam Jail Road
Lahore – Pakistann

Plant Site:

49 K.M.,Off Multan Road,Bhai, Pheru.
049-4540528

Principal Bankers:

Habib Bank Limited
United Bank Limited

Share Department:

Zeeshan Yousaf
Phone : +92-49-4540528
Ext : 19
Complaint Form

Pattern of Shareholding:

No. of Share Holders
Size of Holding
Total Shares Held
From
To
8
1
100
665
21
101
500
5709
59
501
1000
46842
49
1001
1500
59266
39
1501
2000
69298
20
2001
3000
48024
14
3001
5000
53739
54
5001
40000
849200
5
4001
100000
251347
4
100001
400000
1287500
1
400001
600000
543750
1
600001
6000000
5737500
275
8952840

Shareholding Information:

No.
Categories of shareholders
Number of Shareholders
Share held
Percentage
1 Directors, Chief Executive Officer and their spouse and minor children
Directors
Mr.Sikandar M KHan
1
543750
6.07%
Mr.Latif Khalid
1
362000
4.05%
Mr.Sohail Bashir
1
362000
4.05%
Mr.Laeeq Uddin
1
362000
4.05%
Mian Muhammad Saleem
1
200000
2.23%
Mr.Ahsan Imran
1
33650
0.38%
Khawaja Ijaz Majeed (CEO)
1
10000
0.11%
2 Associated Companies, undertakings and related parties
a. Millat Tractors Limited
1
5737500
64.09%
b. Executives/Workers
3
13350
0.15%
3
Public Sector Companies & Corporations
-
4
NIT and ICP
-
5
Banks Development Financial Institutions,
Non Banking Financial Institutions and Pension Funds
-
6
Insurance Companies
-
7
Modarabas
-
8
Mutual Funds
-
9
Shareholders Holding 10% or more Voting Interest
-
-
-
10 General Public
-
-
-
a. Local
-
-
-
b. Foreign
-
-
-
11 Others
-
-
-
a. Joint Stock Companies
-
-
-
b. Trusts
-
-
-
c. Public
264
1327090
14.82%
Total
275
8952840
100%
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