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COMPANY PROFILE
M/s. Professional Associates
1. General. Professional Associates (Regd.) is a registered company under the
companies Partnership Act 1932. Our main task is to look after the interest of
Financial Institutions against their financing in Stock Pledge.

2. Vision of Our Company:-

§ Proper, ethical & straightforward business approaches. Accurate verification

of the stock which borrower has pledged or hypothecated with the Bank

§ Physical verification of the pledged / hypothecated stock & working out their
existing / actual market value.

3. Muccadam / Inspection Verification Process : -

During the process of inspection and verification of pledged stocks and
hypothecated stock we check that: -

§ Pledge stocks are placed at open or under lock & key.

§ Stock Register and bin cards are properly maintained.

§ Muccadam ID card and CNIC of Godown Keeper(s) are to be check.

§ Name boards of the Financial Institutions are displayed for record,

verification & documentation purposes.

§ Prepare & submit comprehensive reports regarding location of warehouse,

security measures, DP Calculation, Fire Fighting Arrangements.

§ Always keep the Financial Institutions Informed about the status of pledge
stock during inspection and verification of pledged and hypothecated
stocks.

§ Always keep the interest of Financial Institutions at priority by putting

market value of the stocks.

§ Rates to be put according to market rate and according to the authentic

way that is acceptable to the Bank and Financial Institutions.
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MUCCADAM: -

M/s. Professional Associates is managing a team of professionals, efficient and

hard working personnel. The system set by us is to ensure proper control for that
reason our site staff are in touch with our head office Lahore on daily basis, to
report and receive the instructions. Our Supervisory staff and senior persons
from office make unplanned checks all the month round. Our strict measures
and our vide experience is managing various goods that helps us in safeguarding
banks interest from both legal and practical perspectives.

VALUATION: -

M/s. Professional Associates is providing a number of services to various banks

including Evaluation. Our evaluation team consists of engineering professionals
who have a vast experience in providing valuation of Property, plant machinery
and equipment.

We are geared to assist you in Lahore, Karachi, Islamabad, Rawalpindi,

Gujranwala, Sialkot, Multan and Sukhur in the followings,

1) Measurement and realizable market valuation of land.

2) Valuation of residential, commercial and industrial purpose
construction,
3) Valuation of industrial plants, machinery and equipment.
4) Inspection of Stocks pledged and hypothecated.
5) Valuation of Stocks of Raw Materials and Finished Goods.

Recently, these services are being utilized by the following banks.

1) Emirate Global Islamic Bank

2) National Bank of Pakistan
3) The Bank of Khyber
4) Modarabas Association of Pakistan (MAP)
5) Leasing Association of Pakistan (LAP)

EVALUATION & AUTHENTICATION OF UN-BUILT RESIDENTIAL /

COMMERCIAL / INDUSTRIAL PROPERTIES.

Our Team is professional that is equipped to facilitate the following:

a) Identification of Properties
b) Checking of property either it legal or illegal occupied.
c) Conducting Measurements of land.
d) Determining market Value, forced sale value and auction value,
thereof.
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Apart from the above, our professional team has also expertise in the followings:

a) Checking, certification and Inspection of industrial equipment and machinery.

b) Valuation of project at various stages of installation, in accordance with
specifications of the contract done.

During the valuation process, we adopt the following procedure.

Stage 1 #:

1. List of plant and machinery as per client requirement is made.

2. Property documents i.e. Registry, Sale Deed, Site Plan are
demanded.
3. Site visit are initiated to survey Plant and Machinery with reference
to condition, year of manufacturing and others.
4. Civil Works i.e. type of construction and land is measured.

Stage 2 #:

1. Import documents, Invoices are requested from the client.

2. Queries are made from the market for the current prices.
3. Civil works are evaluated.
4. Market study is initiated to obtain current land prices.

Once all the information is gathered, current prices are worked out in reference to
the condition, use, maintenance, age of building & Machinery and others.

STOCK INSPECTION: -

We are also managing a team of professionals and hard working personnel, who
are working with their full efficiency. We have visited and verified more than 1600
sites of pledged and Hypothecation through our Pakistan.

During Stock Inspection we check the following things;

1) Position of stock.
2) Company ID card of Muccadam.
3) CNIC to be checked.
4) Bin Cards to be checked.
5) Bank Board to be checked.
6) Quality and Quantity of stock is verified as per stock report.
7) Security Measures are also checked.
8) Rates are put according to market quotation.
9) Fire Fighting arrangements are seen.
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Recently, this service is being utilized by

v M/s. Habib Bank Ltd

v M/s. Bank Alfalah Limited
v M/s. National Bank of Pakistan
v M/s. Emirates Global Islamic Bank

RE-POSSESSION OF VEHICLE: -

M/s. Professional Associates is also providing services for the repossession of

vehicle. During the process, the following procedure adopted.

1) We trace the area of Vehicle.

2) After recovering the vehicle, we immediately inform the concerned
Police Station.
3) Vehicle is then taken to Bank’s premises immediately.

CUSTOM’S CLEARING AND FORWARDING: -

A part from providing services of Muccadam, Valuation, Repossession of Vehicle

and Recovery for financial Institutions, we have a full network with experienced
staff to handle consignments financed by the banks for the customers and
individual customers also.

Our professional team has experience of handling various types of goods,

including cotton, polyester, cotton Yarn, Sugar, Chemical, Steel, Electric
Products, spare part, rape seed, papers, vehicles, computers.

We are geared to assist you at Karachi, Sukhur, Multan, Sahiwal, Lahore,

Faisalabad, Gujranwala, Rawalpindi and Islamabad.
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ENLISTMENTS
M/s. Professional Associates (Regd) is managing a team of professionals and
hardworking personnel, who are working with their full efficiency. The
System set by us is to insure proper control for that reason our site staff are
in touch with the Head Office on daily basis, to report and receive
instructions. Our Supervisory staff makes surprise checking on pledged
stocks all month. Our strict and vast experience helps us in safeguarding
banks interest. Recently, M/s. Professional Associates (Regd) is enjoying the
pleasure of being enlisted with the following banks throughout their all over
Pakistan branches,

1. Habib Bank Ltd. (Enlisted as stock Inspector)

2. Bank Alfalah Limited (Enlisted as stock inspector)

3. Pakistan Bank’s Association (Enlisted on all three panels 1 ,2 and 3)

4. The Bank of Khyber (Enlisted as valuator)

5. Emirates Global Islamic Bank (Enlisted as Muccadam, Valuator, Stock Inspector)

6. Innovative Investment Bank Ltd (Enlisted as Muccadam, Valuator, Stock Inspector,

Surveyor)

7. Modarabas Association of Pakistan (Enlisted as valuator)

Through its members
1) Allied Rental Modaraba
2) Al-Zamin Leasing Modaraba
3) B. F. Modaraba
4) BRR Guardian Modaraba
5) First Al-Noor Modaraba
6) First Constellation Modaraba
7) First Elite Capital Modaraba
8) First Equity Modaraba
9) First Fidelity Leasing Modaraba
10) First Habib Bank Modaraba
11) First Habib Modaraba
12) First IBL Modaraba
13) First Imrooz Modaraba
14) KASB Modaraba
15) First National Bank Modaraba
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16) First Pak Modaraba

17) First Paramount Modaraba
18) First Prudential Modaraba
19) First Punjab Modaraba
20) First Treet Manufacturing Modaraba
21) First UDL Modaraba
22) Modaraba Al-Mali
23) Standard Chartered Modaraba
24) Trust Modaraba
25) Fist Islamic Modaraba
26) First Tri-Star Modaraba

8. Leasing Association of Pakistan (Enlisted as valuator)

Through its members

1) Al-Zamin Leasing Modaraba

2) Askari Leasing Limited
3) Capital Assets Leasing Corporation Limited
4) Crescent Leasing Corporation Limited
5) Escort Investment Bank Ltd
6) First Dawood Investment Bank Ltd
7) First Fidelity Leasing Modaraba
8) First Habib Bank Modaraba
9) First Habib Modaraba
10) Grays Leasing Limited
11) IGI Investment Bank Ltd
12) Intanational Multi Leasing Corporation Ltd
13) NBP Capital Ltd
14) Network Leasing Corporation Ltd
15) ORIX Leasing Corporation Ltd
16) Pak Gulf Leasing Company Ltd
17) Pakistan Industrial & Commerce Leasing Ltd.
18) Pak Oman Investment Company Ltd
19) Saudi Pak Leasing Company Ltd
20) Security Leasing Corporation Ltd.
21) Sigma Leasing Corporation Ltd
22) SME Leasing Corporation Ltd
23) Standard Chartered Leasing Ltd
24) Trust Investment Bank Ltd
25) Universal Leasing Corporation Ltd

Further with out enlistment, on the basis of our PBA enlistment, we have also
done Vehicle Valuations of National Bank of Pakistan

9. National Bank of Pakistan (Working as valuator)

Contact Person: - M. Awais Butt
Tel: - 042-5782330 Fax: - 042-5750466
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Experties in Handling and Checking of Commodities

The Management of Professional Associates has experties in handling the following
commodities

v Rice and Paddy

v Cotton Phutty (Raw Cotton)
v Oil Seed
v Seed Cake
v Cotton Bales
v Yarn
v Polyester Bales and Viscose Bales
v Plastic Molding Compound (PMC)
v Silk and Grey Cloth
v Wheat
v Flour and related items
v Food Items
v Hides and Skins
v Steel Products
v Iron Products
v Chemical and Dyes
v Petroleum Products
v Sugar
v Electronic Items
v Cosmetic Items

Professional Associates has done and verified these above said items and commodities
many times through different clients and banks.

Further, we have also the experienced staff to verify any commodity regarding its
configuration, any where in Pakistan with in a shortest possible time.
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BRIEF—PROFESSIONAL ASSOCIATES (Regd.)

1. Name of the Company Professional Associates (Regd.)

2. Established 2007

3. Type of Organization. Registered.

4. Registration No. 3946

5. Date if incorporation 11 June 2007

6. NTN Number of Company 3076230-8

7. Email ID professionallhr@gmail.com

8. Place of Issue. Lahore

9. Principal Office Lahore

10. Partners Two

Mr. Asif Sahu
Mr. Muhammad Aslam Sahu

11. Branch Offices Lahore, Rawalpindi, Multan and Karachi