ADVICE FOR INVESTORS

INVESTMENT IN EQUITY SECURITIES AND EQUITY RELATED SECURITIES INVOLVES A CERTAIN DEGREE OF RISKS. THE

INVESTORS ARE REQUIRED TO READ THE RIGHTS SHARE OFFER DOCUMENT (HEREIN REFERRED TO AS 'OFFER DOCUMENT') AND RISK FACTORS CAREFULLY, ASSESS THEIR OWN FINANCIAL CONDITIONS AND RISK-TAKING ABILITY BEFORE MAKING THEIR INVESTMENT DECISIONS IN THIS OFFERING.

RIGHT ENTITLEMENT LETTER IS TRADABLE ON PSX, RISKS AND REWARDS ARISING OUT OF IT SHALL BE SOLE LIABILITY OF

THE INVESTORS.

THIS DOCUMENT IS ISSUED FOR THE PURPOSE OF PROVIDING INFORMATION TO SHAREHOLDERS OF THE COMPANY AND TO THE PUBLIC IN GENERAL IN RELATION TO THE RIGHTS ISSUE OF PKR 4,249,999,985/-, CONSISTING OF 121,428,571 NEW ORDINARY SHARES BY THE SEARLE COMPANY LIMITED. A COPY OF THIS DOCUMENT HAS BEEN REGISTERED WITH THE SECURITIES EXCHANGE.

THIS OFFER DOCUMENT IS VALID TILL NOVEMBER 28, 2023.

The Searle Company Limited

Right Share - Offer Document

Date and place of incorporation: October, 1965, Pakistan, Incorporation number: 0002161, Registered/Corporate

Office: One IBL Centre, 2nd Floor, Plot # 1, Block 7 & 8, D.M.C.H.S, Tipu Sultan Road, Off Shahra-e-Faisal, Karachi,

Contact No: : +92 21 37170200-201,Website:www.searlecompany.com| Contact Person: Mr. Zubair Razzak

Palwala, Phone: +92 21 37170200, Email: zubair.palwala@searlecompany.com

Issue Size: The Issue consists of 121,428,571 Right Shares (i.e. 31.13% of the existing paid-up capital of The Searle Company Limited) of face value of PKR 10/- each, at an offer price of PKR 35/- each (i.e. including a premium of PKR 25/- per share). The total amount to be raised through the right issue is PKR 4,249,999,985/-

Date of Placing Offer Document on PSX for Public Comments: N/A (Public comments were not sought)

Date of Final Offer Letter: August 09, 2023

Date of Book Closure: From August 21, 2023 to August 25, 2023

Subscription Amount Payment Dates: From August 31, 2023 to September 29, 2023

Trading Dates for Letter of Rights: From August 31, 2023 to September 21, 2023

Details of the relevant contact persons:

Name of the

Designation

Contact

Office Address

Email ID

Person

Number

One IBL Centre,

Group Director

2nd Floor, Plot #

Authorized

Mr. Zubair

Banking

+92 21

1, Block 7 & 8,

zubair.palwala

Officer of the

Relations &

D.M.C.H.S, Tipu

@searlecompa

Razzak Palwala

37170200

Issuer

Corporate

Sultan Road, Off

ny.com

Affairs

Shahra-e-Faisal,

Karachi

Underwriters

Arif Habib

Arif Habib

Mr. Taha

Chief Financial

+92 21

Limited | 2/F, Arif

taha.siddiqui@

Habib Centre |

arifhabibltd.co

Limited

Siddiqui

Officer

111245111

23, M.T. Khan

m

Road, Karachi

Pak China

13th Floor, Saudi

Officer -

Pak Tower, 61-A,

shahroz.raza@

Investment

Mr. Shahroz

+92 51

Investment

Jinnah Avenue,

pakchinainvest.

Company

Raza

2099643

Banking Group

Blue Area,

com

Limited

Islamabad

1

Offer Document |The Searle Company Limited

Name of the

Designation

Contact

Office Address

Email ID

Person

Number

Mr.

Room # 738-741,

+92 21

7th Floor, Stock

Farhan.mra@g

MRA Securities

Muhammad

Director

32410136

Exchange

mail.com

Farhan

Building, Karachi

Mohammad

Munir

Room No 601-

Mohammad

abdulrazzak@

Mr. Abdul

Chief Financial

+92 21

603, 6th floor،

Ahmed

munirkhanani.c

Razzak

Officer

36490034

Stock Exchange

Khanani

om

Building, Karachi

Securities

Limited

Saima Trade

Dawood

Mr. Salman

Chief Financial

+92 21

Tower, 17th floor

Salman@dawo

Equities

Yaqoob

Officer

32418873

A, I.I Chundrigar

odequities.com

Road, Karachi,

Room # 82 83,

Growth

Compliance

+92 21

Second Floor,

growthsecuritie

Mr. Kamran

Pakistan Stock

s102@gmail.co

Securities

Officer

32463001

Exchange

m

Building, Karachi

Room 806-

Adam

Mr. Noman

+92 21

813,8th Floor

noman@adams

Securities

Director

Main Stock

ecurities.com.p

Abdul Majeed

3246248

Limited

Exchange

k

Building, Karachi

Banker to the Issue

Al Baraka Bank

Head of

162, Bangalore

Mr. Aamir

+92 334

Town, Main

Aamir.zaidi@al

(Pakistan)

Investment

Zaidi

3309862

Shahrah-e-Faisal,

baraka.com.pk

Limited

Banking

Karachi

Website: The offer letter can be downloaded from https://www.searlecompany.com/ and https://www.psx.com.pk/

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Offer Document |The Searle Company Limited

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Offer Document |The Searle Company Limited

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Offer Document |The Searle Company Limited

DISCLAIMER:

  1. In line with Companies Act, 2017 and Companies (Further Issue of Shares) Regulations, 2020, this document does not require approval of the Securities Exchange and the Securities Exchange Commission of Pakistan (SECP).
  1. The Securities Exchange and the SECP disclaims:
    1. Any liability whatsoever for any loss however arising from or in reliance upon this document to anyone, arising from any reason, including, but not limited to, inaccuracies, incompleteness and/or mistakes, for decisions and/or actions taken, based on this document.
    2. Any responsibility for the financial soundness of the Company and any of its schemes/projects stated herein or for the correctness of any of the statements made or opinions expressed with regards to them by the Company in this Offer document.
    3. Any responsibility w.r.t quality of the issue.
  1. It is clarified that information in this Offer document should not be construed as advice on any particular matter by the SECP and the Securities Exchange and must not be treated as a substitute for specific advice.

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Searle Company Ltd. published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 09:33:08 UTC.