Post-merger ISE becomes ISE Towers Reit Company




Consequent upon merger of the Islamabad Stock Exchange into the Pakistan Stock Exchange (PSX), the real estate and other ownerships of the ISE towers have gone to the ISE Reit Management Company.

After the elections held the other day, the ISE Towers Reit management company elected Zahid Latif khan as its first chairman.

According to a press release, of the newly set-up company, during the 31st Extraordinary General Meeting of ISE Towers, Reit Management Company Limited has selected the following seven directors of the company for three year terms commencing from February 15, by an overwhelming majority. Zahid Latif Khan, Sohail Altaf, Syed Mukhtar Hussain Jaffery, Farrukh Younas Khan, Asif Saeed Malik, Zahid Mahmood and Ayla Majid

Moreover, the Board of Directors of ISE Towers REIT Management Company Limited in its first meeting held on Tuesday, unanimously elected Zahid Latif Khan as its first chairman.

Zahid Latif Khan is the CEO of M/s Zahid Latif Khan Securities (Pvt) Ltd, one of the leading corporate brokerage entities at ISE. Zahid also has the distinction of serving as board member of other capital market institutions such as Islamabad Stock Exchange (formerly) and Pakistan Mercantile Exchange Limited. Zahid is also one of the senior members of Rawalpindi Chamber of Commerce and Industry (RCCI). He has served as a member of the Executive Committee of RCCI.