Source: PSX | Data Updated: 17/07/2019 04:51
Last Website Updation Date: 26/06/2019
Welcome To FNEL|Serving you from more than Two Decades
Board of Directors & Profiles
Mr. Shahzad Akbar, Chairman/Director
Mr. Shahzad Akbar is a Commerce Graduate and holds more than ten years extensive experience in manufacturing sector. He also possesses vast international banking experience. He has worked as Sr. Financial Services Officer at Bank of America, Houston, USA and as the Business Banking Specialist at Bank United, USA. He is currently the CEO of Millennium Buying House which is one of the largest procurers of dyed yarn and ready made garments in Lahore. He also holds the position of CEO at Trisoft International Inc. whose clients included Hay Group (world's largest HR firm) among many others.
Mr. Ali Aslam Malik, CEO/Director
Mr. Ali Aslam Malik is the Chief Executive of the Company. He obtained his Masters in Commerce from Hailey College of Commerce, University of Punjab, Lahore. He attended numerous workshops and courses on Investment, Risk Management, Management Information Systems, Corporate & Quality Management local and national security from institutional local & abroad. He is also an alumnae of National Defense College, Islamabad. He is an entrepreneur having to his credit over fifteen years of experience in the field of Business, Investment Banking, Stock Brokerage, Funds Management, Equity and Debts Instruments, Underwriting, Placements, Syndication and Corporate Research. He is also advising a lot of Companies other than his own group of companies. Mr. Malik is also advising to a number of financial institutions and corporate organizations in both private and public sector.
Mr. Ijaz Mahmood Chaudhary, Non-Executive Director
Mr. Amir Shehzad, Executive Director
Mr. Amir Shehzad is a Graduate and has more than Ten years of working experience as an Equity Trader and Portfolio Manager. He has a deep understanding of Capital Market and has a detailed knowledge of Stock Market, relevant rules and Regulation of Stock Exchanges and Securities and Exchange Commission of Pakistan.
Mr. Naveed Ishaque, Executive Director
Mr. Naveed Ishaque is a Master in Business Administration from University of Punjab having Bachelor Degree in Commerce He has more than Twenty years of practical experience in handling the financial management, accounting, audit, tax and corporate matters. He has the experience of ensuring compliance regarding the requirements envisaged in the Companies Ordinance 1984. He has a detailed knowledge of Stock Market, relevant rules and Regulation of Stock Exchanges and Securities and Exchange Commission of Pakistan.
Mr. Abid Yousaf, Non-Executive Director
Mr. Abid Yousaf is a Computer Science Graduate from CSM Institute, Canada. He has more than Twenty years of practical experience in handling the software and I.T management.
Mr. Adnan Amjad Khan, Non-Executive, Independent Director
Mr. Adan Amjad Khan is an Accounting and Finance Professional with more than five years of diversified experience. He served in a Chartered Accountant Firm as Senior Audit Associate with responsibilities including planning, supervision, execution and finalization of various Assurance Engagements. He was also engaged in business development, professional content development and interpersonal skills training. He is also enrolled in Data Bank of Directors maintained by PICG.
1. Asia stocks slip amid renewed US-China trade uncertainty; Singapore exports tumble https://www.cnbc.com/2019/07/17/asia-stocks-us-china-trade-oil-currencies-in-focus.html Neutral 2. Lagarde resigns as IMF chief https://fp.brecorder.com/2019/07/20190717497979/ Neutral
3. 32 benami companies of Zardari ‘revealed’ https://fp.brecorder.com/2019/07/20190717497997/ Neutral 4. Opposition to hold public meeting in Karachi on 25th https://www.thenews.com.pk/print/499451-opposition-to-hold-public-meeting-in-karachi-on-25th Neutral 5. Voting on no-trust motions in Senate next week https://www.dawn.com/news/1494546/voting-on-no-trust-motions-in-senate-next-week Neutral 6. Pak-India standoff: Pakistan opens airspace after four months https://www.thenews.com.pk/print/499482-pak-india-standoff-pakistan-opens-airspace-after-four-months Neutral
7. Upside inflationary pressures: Policy rate raised to 13.25 percent https://fp.brecorder.com/2019/07/20190717497985/ Neutral 8. New FBR chairman being considered https://www.dawn.com/news/1494572/new-fbr-chairman-being-considered Neutral 9. Commission formed to investigate the Reko Diq setback https://fp.brecorder.com/2019/07/20190717497971/ Neutral 10. New tax policy for jewellers and traders on the cards https://fp.brecorder.com/2019/07/20190717498048/ Neutral 11. Ministry to carry out PSM audit https://fp.brecorder.com/2019/07/20190717498010/ Neutral 12. PIA seeks Rs 17.5 billion for VSS payment, IFE improvement https://fp.brecorder.com/2019/07/20190717498011/ Neutral 13. Govt to issue short term bonds, Sukuks to build reserves https://nation.com.pk/17-Jul-2019/govt-to-issue-short-term-bonds-sukuks-to-build-reserves Neutral 14. US keen to boost trade ties Source: Express Tribune (Link N/A) Neutral
Sector-related news flows
15. Fertilizer industry disallowed to raise urea prices https://fp.brecorder.com/2019/07/20190717498000/ Negative for Fertilizer 16. Railway wagons sit idle as PSO unable to boost supply Source: Express Tribune (Link N/A) Negative for PSO 17. Cabinet approves cut in additional duty on edible oil https://fp.brecorder.com/2019/07/20190717497995/ Neutral for UNITY