ISLAMABAD – Pak-Brunei Investment Company Managing Director Ayesha Aziz informed Finance Minister Ishaq Dar that the Pak-Brunei plans to increase its small and medium enterprise footprint across various regions of the country. She informed the minister that the company started operations almost 8 years ago with a capital of Rs 3 billion. The company has a current equity of Rs 9 billion.
The minister was chairing a briefing session, seeking details of its present investment/financing profile and immediate future plans. The company is an investment finance company established as a joint venture between government of Pakistan and Brunei Investment Agency (BIA) that commenced operations in August 2007, said a press release.
It has active platforms for project and lease Finance, Corporate Finance & Advisory Services, SME Finance, Private Equity, Trust Services, Capital Market Operations, and Fixed Income Trading and Distribution activities. She said that the company was in final stages of launching a modarba fund as its special future venture. The First Fund based on PE model will be established by March 2015. Pak-Brunei also has plans for establishment of specialized vehicles for warehousing/collateral management.
