September 13th 2022
The General Manager,
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.
Dear Sir,
Reference is made to Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of Pakistan Stock Exchange Regulations, in compliance of which, we are pleased to share the following material information:
Al-Shaheer Corporation Ltd., (ASC) has signed a Business Relationship Agreement with McDonalds Pakistan for the supply of beef products through our Lahore Frozen Food Facility.
It is our great pleasure to announce that ASC is the first ever Pakistani company to enter into a Business Relationship Agreement with McDonalds Pakistan, for the supply of beef products. McDonalds Pakistan's interest in ASC is a testament to our commitment to upholding international standards and producing top of the line products. We expect that this Agreement will have a positive impact on ASC's revenue and profitability, thereby generating returns for our shareholders.
You may please inform the TRE Certificate Holders of the Exchange accordingly.
Yours Truly,
-------SD--------
Wajihuddin Farooq,
Company Secretary
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Al Shaheer Corporation Ltd. published this content on 13 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2022 06:19:00 UTC.