Tag Archives: Allied Rental Modaraba

Right subscription money received of Allied Rental Modaraba

Karachi, Allied Rental Modaraba informed Karachi Stock Exchange about right subscription money received of the bank. The auditor’s report was also attached to show receipt of subscription money against offer for right certificate to the directors and sponsor companies of the Modaraba Company. Allied Rental Modaraba was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under and are managed by the Allied Engineering Management Company Private Limited (the ‘Modaraba Management Company’). It is a wholly owned subsidiary of Allied Engineering and Services Private Limited. The company is incorporated in Pakistan and the foundations of the company are laid under the Companies Ordinance, 1984. The Modaraba commenced its operations on January 10, 2007. The primary business of Allied Rental Modaraba is to engage in the Rental business by managing the rental fleet of equipments comprising Power Generation Equipment, Material Handling Equipments and Construction related machinery. Modaraba provides rental services across Pakistan through the facilities of its sponsors located in Karachi , Lahore , Islamabad , Multan , Faisalabad , Peshawar and Quetta .It is registered with the Registrar of Modaraba Companies and Modarabas under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. The Securities and Exchange Commission of Pakistan on May 10, 2006, authorised Allied Engineering Management Company Private Limited to float Allied Rental Modaraba. It is a perpetual modaraba and is engaged in rental, Ijarah (leasing under operating and finance lease arrangements) and operation and maintenance of Caterpillar and other equipment i.e. generators, forklifts, compactors etc. The registered office of the modaraba is located at Karachi. The stocks of the modaraba are quoted on the Karachi Stock Exchange. Another ancillary business line of the Modaraba is to provide outsourcing solution to the customers for operating and maintaining their Power plants by providing the required skilled manpower for 24/7 operation with professionalism. The symbol “ARM” is being used by the stock exchanges for the shares of Allied Rental Modaraba.

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Allied Rental Modaraba’s credit of right certificates into cdc accounts

Karachi, February 01, 2013 (PPI-OT): Pleased to inform you that Right Certificates of CDC Certificate holders have been credited into their CDC accounts/ sub-accounts on January 30, 2013. Allied Rental […]

The Allied Rental Modaraba’s subscription of right certificates by directors and sponsors

Karachi, December 21, 2012 (PPI-OT): Please be informed that the Directors of Allied Rental Modaraba (ARM) and Sponsors i.e. Allied Engineering and Services (Pvt) Limited and Allied Engineering Management Company […]

Allied Rental Modaraba’s book closure-right issue

Karachi, November 05, 2012 (PPI-OT): Please be informed that the Certificate Transfer Books of the Allied Rental Modaraba (ARM) will remain closed for the entitlement of 20% Right Certificates @ […]

Allied Rental Modaraba’s urgent board meeting

Karachi, October 22, 2012 (PPI-OT): This is to inform you that a meeting of the Board of Directors of Allied Engineering Management Company (Pvt) Limited, the Management Company of Allied […]

Allied Rental Modaraba’s book closure for right certificates – clarification

Karachi, September 28, 2012 (PPI-OT): Further to our letter dated September 19, 2012 regarding announcement of financial results for the year ended June 30, 2012 we would like to clarify […]

Allied Rental Modaraba’s financial results for the year ended 30 June 2012

Karachi, September 19, 2012 (PPI-OT): We have to inform you that the Board of Directors of Allied Engineering Management Company (Pvt.) Limited, the Management  Company of Allied Rental Modaraba (ARM), […]

Allied Rental Modaraba’s Free Float of Shares

Karachi, August 01, 2012 (PPI-OT): In accordance with Regulation No. 21 (3) of the Listing Regulation, we provide the Free Float of Certificates of Allied Rental Modaraba (ARM) for the […]

Allied Rental Modaraba’s share registrar services

Karachi, June 19, 2012 (PPI-OT): This is to inform you that we have appointed M/s. Noble Computer Services (Pvt.) Limited as Share Registrar for our Company with effect from July […]

Allied Rental Modaraba’s free – float of shares

Karachi: In accordance with the Regulation No. 21 (3) of the Listing Regulations, we provide the Free Float of Certificates of Allied Rental Modaraba (ARM) for the quarter ended March […]