Company Pace (Pakistan) Limited

Equities

PACE

PK0088601015

Real Estate Development & Operations

End-of-day quote Pakistan S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
2.66 PKR +0.38% Intraday chart for Pace (Pakistan) Limited +4.72% -3.97%

Business Summary

Pace (Pakistan) Limited is engaged to build, acquire, manage and sell condominiums, departmental stores, shopping plazas, supermarkets, utility stores, housing societies, plot and other properties and to carry out commercial, industrial and other related activities in and out of Pakistan. The Company has various ventures in the real estate and hospitality sectors, including shopping malls, office buildings, business centers, modern housing schemes, apartment complexes and multi-use projects. Its commercial projects include Pace Gulgerg Lahore, Pace MM Alam Road, Pace Model Town, Pace Fortress Stadium, Pace GT Road Gujranwala, Pace GT Road Gujrat and Pace Business Center Lahore. Its residential projects include Pace WoodLand and Pace Towers. Its multi-use projects include Pace Circle Lahore, Pace Towers and Peacock Valley Resort. It manages various plazas, including Gulberg Plaza, Model Town Plaza, Fortress Plaza, MM Alam Road Plaza, Gujranwala Plaza Mouza, Gujrat Plaza and Pace Tower.

Number of employees: 136

Sales per Business

PKR in Million2022Weight2023Weight Delta
Service Charges
51.2 %
168 13.4 % 124 51.2 % -26.42%
Other - Rental Income from Lease of Investment Property
42.1 %
34 2.7 % 102 42.1 % +202.38%
Completed Units - Others
4.0 %
241 19.2 % 10 4.0 % -95.95%
Display of Advertisements
2.7 %
44 3.5 % 7 2.7 % -85.14%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
100.0 %
1,256 100.0 % 242 100.0 % -80.75%

Managers

Managers TitleAgeSince
Chief Executive Officer - 11-01-16
Director of Finance/CFO - 23-05-11
Chief Tech/Sci/R&D Officer - 22-12-31
Compliance Officer - -
Treasurer - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer - 11-01-16
Director/Board Member - -
Chairman - -
Director/Board Member - 11-01-17
Director/Board Member - 20-02-25
Chairman - 23-05-01
Director/Board Member - 23-05-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 278,876,604 243,272,115 ( 87.23 %) 0 87.23 %

Shareholders

NameEquities%Valuation
National Investment Trust Ltd.
0.1527 %
425,716 0.1527 % 4 104 ₨

Company contact information

Pace Pakistan Ltd.

First Capital House M.M. Alam Road, Gulberg-III

54660, Lahore

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http://www.pacepakistan.com
address Pace (Pakistan) Limited(PACE)
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