Karachi: Please refer to your letter # KSE/C-708-A-4894 on the above captioned subject. We would like to inform you that we had planned to redeem outstanding value of the Individual TFC holders in respect thereof issued on March 13, 2008. Therefore, we had approached the CDC to inquire the procedures and formalities required in this respect and have also asked for approval and clearance for repurchase of the TFCs.
Furthermore, we have to inform you that Cancellation Confirmation Letter to be fulfilled and signed by individual TFC holder have been circulated in order to meet one of the CDCs requirement.
Please note that we have not redeemed any TFC till date and when the decision for redemption is taken it shall be communicated to you.
For more information, contact:
Chief Financial Officer and
Saudi Pak Leasing Company Limited
6th Floor, Lakson Square,
Building # 1, Sarwar Shaheed Road,
Saddar. Karachi- 74200, Pakistan
Ph: 111-888-999, (021) 5655181-5
Fax: (021) 5210607-9