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Sachal Energy Development (Pvt.) Ltd.

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Sachal Energy Development (Pvt) Ltd. SEDL is a special-purpose company that has been acquired to commission and operate a 50 MW wind farm at Jhimpir, Sind on a build, own & operate basis. SEDL is owned 100% by Arif Habib Group through its flagship listed holding company, Arif Habib Corporation (AHC) formerly Arif Habib Securities Ltd. (AHSL). It is one of those groups who pioneered & developed the brokerage & mutual funds industry in Pakistan. As a business group their growth has been remarkable & today it stands tall as one of the most diversified groups in Pakistan having strong presence in fertilizer, cement, sugar, real estate, steel, commercial banking, microfinance etc. (for further info on the group please visit http://www.arifhabibcorp.com/).

Pakistan has gone through years and years of an energy crisis without an effective energy policy. Due to an easy and thoughtless reliance on imported oil, Pakistan created an inapt power mix. It has no adequate policy for the conservation of gasoline and other petroleum products. Pakistan Power Sector lacks focus on relying on indigenous sources of power generation. Pakistan needs to emphasize on the development and use of other more efficient and economical forms of energy.
We, at Arif Habib Group, believe that renewable energy is the future of energy in this country and around the world. We strive to create a more sustainable, cleaner and safer world by making wiser energy choices.

Arif Habib Corporation Limited (formerly Arif Habib Securities Limited), the holding company of Arif Habib Group, was incorporated on 14th November 1994 as a Public Limited Company under the Companies Ordinance, 1984 the company is listed on the Karachi, Lahore and Islamabad Exchanges and is engaged in the business of investments in listed and unlisted securities.

Arif Habib Corporation Limited (formerly Arif Habib Securities Limited) has the single distinction of being recipient of the Top 25 Companies award of Karachi Stock Exchange for each of the six years since its listing in 2001. The company has the honour of being ranked 9th in the award list for the year 2005.

Arif Habib Corporation Limited (formerly Arif Habib Securities Limited) holds shares in both the operating subsidiaries and other strategic investments.

Operating subsidiaries cover a wide range of financial services, viz:

1.      Arif Habib Limited - Brokerage House with 75% shareholding

2.      Arif Habib Investment Management Limited - Asset Management Company with 60.18% shareholding

3.      Pakistan Private Equity Management Limited - Venture Capital Management Company with 85% shareholding

4.      Real Estate Modarba Management Company Limited - Modarba Management Company with 99.99% shareholding

5.      Arif Habib DMCC - a UAE incorporated Member Company of Dubai Global and Commedities Exchange with 100% shareholding

6.      S.K.M Lamka Holdings (Pvt.) Limited - a Srilanka incorporated brokerage house at Colombo Stock Exchange with 75% shareholding

Strategic investment includes:

1.      Pak Arab Fertilizers Limited with 30% shareholding

2.      Fatima Fertilizer Company Limited with 10% shareholding

3.      Rozgar Microfinance Bank Limited with 19.01% shareholding

4.      Takaful Pakistan Limited with 10% shareholding

5.      Sweet Water Pakistan Dairies (Pvt.) Limited with 28.00% shareholding

6.      Sunbiz (Pvt.) Limited with 4.65% shareholding

7.      Aisha Steel Mills Limited with 25% shareholding

8.      Thatta Cement Company Limited with 9.71% shareholding

Additionally, Arif Habib Corporation Limited (formerly Arif Habib Securities Limited) maintains a well diversified portfolio of listed securities amounting to Rs.5 billion, with such a diversified investment portfolio, Arif Habib Corporation Limited (formerly Arif Habib Securities Limited) stands strong and is well placed to play an important role in Pakistan's rapidly developing economy.

Regd. 2010-2011 Sachal Energy Development (Pvt.) Ltd.