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MarketScreener Homepage  >  Equities  >  KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE  >  Sui South Gas    SSGC   PK0002801014

SUI SOUTH GAS (SSGC)
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Sui Southern Gas : Imran Farooki appointed as new Acting MD SSGC - Press Release issued by Sui Southern Gas Company Limited

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01/11/2019 | 07:25am EST

Following is the text of press release issued by Sui Southern Gas Company Limited (SSGC)

Quote

SSGC’s Board of Directors have appointed Imran Farooki, DMD (Corporate Services) as the Acting Managing Director till such a time a new incumbent is appointed. Mr. Farooki has been assigned the charge of Acting MD, in addition to his own existing portfolio of DMD (Corporate Services).

The new Acting MD has a rich professional experience of over 31 years. A Mechanical Engineer by profession, Mr. Farooki attained a degree in Mechanical Engineering from NED University of Engineering and Technology in 1986. Having started his career as a Project Engineer from Exxon Chemical Pakistan Ltd, Mr. Farooki has been associated with Engro Asahi Polymer and Chemical Ltd. and Engro Polymer and Chemicals Ltd. He joined Byco Petroleum in 2009 and rose to become its CEO of Byco Terminals Pakistan Ltd.. Mr. Farooki joined SSGC as Acting DMD in June 2016.

For more information, contact:

Chief Manager (Media Relations)

Sui Southern Gas Company Limited (SSGC)

Corporate Communication Department (Media Relations)

ST-4/B, Block 14, Sir Shah Suleman Road,

Gulshan-e-Iqbal, Karachi

Tel: +92-21-99021773, +92-21-99021000

Fax: +92-21-99231662

Cell: +92-322-2225159

Email: inayatullah@ssgc.com.pk, info@ssgc.com.pk

Web: www.ssgc.com.pk

Unquote

(c) 2019 Pakistan Press International (PPI). All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Consensus
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Mean consensus BUY
Number of Analysts 1
Average target price 41,0  PKR
Spread / Average Target 61%
Managers
NameTitle
Javed Zia Chairman
Mohammad Wasim Deputy Managing Director-Operations
Syed Fasihuddin Fawad Chief Financial Officer
Shah Mujtaba Ahmed Chief Technology & Information Officer
Mirza Mahmood Ahmad Non-Executive Director
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