AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Mr. Zain Ashraf Mukaty, the CEO and Director of Pakistan Aluminium Beverage Cans Limited, has seen an increase in his voting power, as informed on July 15, 2024. According to information available from the Pakistan Stock Exchange (PSX), this change is due to adjustments in both direct and indirect shareholdings.
The company disclosed that Mr. Mukaty’s direct shareholding accounts for 75,813,113 shares, representing 20.9946% of the total voting power. Additionally, his indirect voting power through corporate shareholding has increased to 738,199 shares, which is 0.2044% of the total. Combining both direct and indirect shares, Mr. Mukaty now commands a total voting power of 76,551,312 shares, or 21.1990% of the total.
This increase is attributed to proportional shareholdings in acquiring corporate entities, which have indirectly enhanced Mr. Mukaty’s influence within the company.