Karachi: In accordance with the Listing Regulation No. 35 Clause (xxiii) under Code of Corporate Governance, we are pleased to convey the following information:
We have to inform you that Mr. Taimur Dawood, Chief Executive Officer, has been ceased to be the Chief Executive of the Company w.e.f. 30-06-2011. Mr.Taimur Saeed has been appointed as Chief Executive Officer in place of Mr. Taimur Dawood w.e.f. 01-07-2011.
Mr. Taimur Saeed, brings with him over 20 years experience with BOC Gases, a multinational company, where he was heading a Business Unit before joining Descon Chemicals Limited. He has deep knowledge of the Pakistani business to business market and has made significant contribution to the Descon Chemicals Limited during the past 18 months.
For more information, contact:
Karachi Stock Exchange
Tel: +9221 111 001 122
Fax: +9221 3241 0825, +9221 3241 5136