THE COMPANIES ORDINANCE, 1984

(COMPANY LIMITED BY SHARES)

Memorandum of Association
of
Name of the Company

I.

The name of the Company is Saeed cement limited company

II.
The Registered Office of the Company will be situated in Islamabad Capital
Territory/in the Province of Punjab/Baluchistan/Sindh/Khyber Pakhtunkhwa. (Delete
whichever is not applicable).
III.
The objects for which the Company is established are to carry on all, or any one
or more, of the following businesses in all or any of their various aspects:
1. To produce, manufacture, prepare, treat, process, refine, and deal etc., in all
kinds of cement and its allied products.
2. To borrow or raise money by means of loans or other legal arrangements from
banks, or other financial institutions, or Directors in such manner as the
Company may think fit and in particular by issue of debentures, debenture
stock, perpetual or otherwise convertible into shares and to mortgage, or
charge the whole or any part of the property or assets of the Company, present
or future, by special assignment or to transfer or convey the same absolutely
or in trust as may seem expedient and to purchase, redeem or payoff any such
securities.
3. To guarantee the performance of contract and obligations of the Company in
relation to the payment of any loan, debenture-stock, bonds, obligations or
securities issued by or in favour of the Company and to guarantee the payment
or return on such investments.
4. To open accounts with any bank or banks and to draw, make , accept, endorse,
execute, issue, negotiate and discount cheques, promissory notes, bills of
exchange, bills of lading, warrants, deposit notes, debentures, letter of credit,
and other negotiable instruments and securities.

5. Notwithstanding anything contained in the foregoing sub-clauses of this

clause nothing contained herein shall be construed as empowering the
Company to undertake or indulge, directly or indirectly in the business of a
Banking Company, Non-banking Finance Company (Mutual fund, Leasing,
Investment Company, Investment Advisor, Real Estate Investment Trust,
Housing Finance Company, Venture Capital Company, Discounting Services),
Insurance Business, Modaraba management company, Stock Brokerage
business, real estate business, managing agency, business of providing the
services of security guards or any other business as restricted under the law.
6.

It is hereby declared that the company shall not:

a.

undertake any of the business mentioned in sub-clause (3) above or

any unlawful operation.

b.

launch multi-level marketing (MLM), Pyramid and Ponzi

Schemes, or other related activities/businesses or any lottery
business.

c.

undertake any of the permissible business unless the requisite

approval, permission, consent or license is obtained from competent
authority as may be required under any law for the time being in
force.

VI.

The liability of the members is limited.

VII.

The authorized capital of the company is Rs. 34500000 (Rupees ----------- only)
divided into 2000 Ordinary shares of Rs. 100000 each with power to enhance,
reduce or consolidate the share capital and to divide the shares of the company
into different classes and kinds subject to the provisions of the Companies
Ordinance, 1984.

We, the several persons whose names and addresses are subscribed, are desirous of being
formed into a company, in pursuance of this memorandum of association, and we respectively
agree to take the number of shares in the capital of the company set opposite our respective
names.
S.

Name

NIC

No.

and

No.

Fathers/

Nationality(ies)

Occupation

Residential

Number of

(in case of

Husbands

with any former

address

shares

Surname

foreigner,

Name in full

Nationality

full

(present

Passport

each

& former)

No.)

subscriber

in

taken

by

in full (in
Block
Letters)
1

Saeed

37406-

ahmed

98651-1

--------

-----------

----------

---------

pakistan

owner

xyz

100

-----------

-----------

---------

------------

---------

----------

---------

-----------------------Total number of shares taken

-----------(-------------)

Dated the 4/11/2016 day of -------Witness to above signatures.

In Online case
National Institutional Facilitation Technologies (Pvt.) Limited
5th Floor, AWT Plaza, I.I. Chundrigar Road, Karachi

Signatures