(~~~IKASB SECURITIESOctober 05, 2016

Mr. Muhammad Sarfraz

Taha Spinning Mills Limitet

406, commerce centre

Hasrat Mohani RoadKarachi.

Dear Sir,

Taha Spinning Mills Limited Disclosure under Regulation 4 of Listed Companies (Substantial Acguisitio

. of Voting Shares and Takeovers) Regulations. 2008 and Section 110 of Securities Act. 2015.

Please find attached revised "public announcement of intention", as required under regulation 4 of

Listed Companies ( Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2008 and

section 110 of Securities Act, 2015.

Yours truly,

lIyas Ahmed

Head of Compliance

Encl:a.a

Heed Office- Karachi Gulshan-e-lqbalBranch-Karachi Islamabad Branch Lahore Branch Rahim Yar Khan Branch Muhan Bunch Gujranwala Branch Peshawar Branch Siaiko[ Branch

5th Floor, Trade Centre, Friends Paradise, lst Floor, 5B·36, 1st floor 91, Razia Sharif 2nd Floor. Fountain Piol ~o. !4, Modd Town, Ground Floor, 81, Ground Floor, lst Flooc, Stile Life Building, Ground Floor,

1.1.Chundrigar Road, Block No. 1).8, KDA Scheme # 24, PIm, Pale Haq Road, Avenue Buikling64-A. Rahim Yar Khan. State Life Building, Gujran'Nili. Development 3Hh,Mall Ciry Tower.

Kmchi-74200, Mam Universiry Road. Blue I=, lslamabad Main Boulewd.

IAbdaI, Road M"lan.

IAurboriry Trusr Plaza, Peshawar Cann. Peshawar. I Sh,M Pun Road,

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< ~ IKASB SECURITIESPUBLIC ANNOUNCEMENT OF INTENTION TO ACQ RE 2,839,390 (70.1%) SHARES

AND CONTROL OFTAHA SPINNING MILLS LIMITED

Listed on Pakistan Stock Exchange LimitedBY

BY MR. MUHAMMAD FARRUKH AMIN ACTING IN CONSERT WITH OTHERSUNDER

Securities Act, 2015 and the Listed Companies (Substantial Acquisition of VotingShares and Takeovers) Regulations, 2008

1. Information about the acquirers:

(a) Name and address of the acquirer along with personsacting in concert.

(1) Mr. Muhammad Farrukh

Acting in concert with

(l)Mr. Abdul Majeed Ghaziani(2)Mr. Abdul Hafeez(3)Mr. Safdar Sajjad(4)Mr. Sheikh Ali Baakza

Address: Suite No. 409, 4th Floor, Business andFinance Centre, I. I. Chundrigar Road, Karachi.

(b) Names and Address of financial advisors ofthe Acquirer,if any.

Not applicable

(c) Name of the company in case the Acquirer is aCompany.

Not Applicable

(d) Corporate Advisors:

(1) KASB Securities Limited5th Floor, Trade Centre,1.1. Chundrigar Road, KarachiTele:021-111 222000Fax: 021-32630202

(2) MIS MJ PANNI & ASSOCIATESHouse # 15, Street # 59,Sector F-8/4, IslamabadTele: 051-2856087-88

(e) Manager to the Offer:KASB Securities Limited5th Floor, Trade Centre,1.1. Chundrigar Road, KarachiTele:021-111 222000Fax: 021-32630202

2. Information about the target Company

(a) Name of the Target Company, its directorsand major shareholders

Name: Taha Spinning Mills Limited

Directors

Mr. Ashfaq Ahmad(Chairman & Chief Executive)Mr. Saqib AshfaqMr. Amir AshfaqMr. Niaz MohammadMr. Mohammad AzamMr. Qamar IqbalMr. Saleem Abbas

Major Shareholder

HMI Energy (Pvt.) Ltd. (25.42%)

(b) Total number of issued share of the company:4,050,000 ordinary shares of Rs.1O/-each

3. Number of shares already held by theAcquirers:

1,210,950 shares equivalent to approx. 29.90%of the total issued and paid up capital of thecompany are held by Mr. Muhammad Farrukh.

4. Number of shares along with the percentageintended to be acquired by the acquirers

The Acquirers intends to acquire 1,029,850(25.42%) shares held by majority shareholdersthrough an agreement and 1,809,540 (44.68%)ordinary shares from public in accordancewith Securities Act, 2015 and the ListedCompanies (Substantial Acquisition of VotingShares and Takeovers) Regulations, 2008.

Head Office- Karachi Gulsban-e-Iqbal Branch-Karachi Islamabad Branch Lahore Branch Rahim Vat Khan Branch Multan Branch GujranwalaBranch Peshawar Branch Sialkot &ranch

5th Floor, Trade Centre, Friends Paradise, Is! Floor, S8-36, lstfloor H.Razia Sharif 2nd Floor, Fountain Plor l\o. 24, Model Town. Ground Floor, S!. Ground Floor, lst Floor, State Life Building, Ground Floor,

LL Chundrigar Road, BI"kNo.13·B, KDA S,h<me# 24, Plaza, Pazle Haq Road, Avenue Building64-A, Rahim Yar Khan. State Life Building, Gujranwala Development 34·TheMall, City Tower,Karachi·74200, Main University Road, Blue Area, Islamabad. Main Boulevard,

I IAbdali Road. Mulnn.

IAuthoriry Trusr Pha,

IPeshawar Cantr, Peshawar. I Shahab Pura Rood,

Pakistan. Karachi. Main Gulberg, Lahore. Gujllnwala. Sialkor.

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