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Meezan Bank, THF ink MoU to assist youths
Meezan Bank, THF ink MoU to assist youths

Business Recorder

time15-07-2025

  • Business
  • Business Recorder

Meezan Bank, THF ink MoU to assist youths

KARACHI: Meezan Bank has signed a Memorandum of Understanding (MoU) with The Hunar Foundation (THF) to bridge the skills-to-job gap for Pakistani youth. The partnership falls under the umbrella of 'Meezan Justuju', the Bank's flagship Corporate Social Responsibility (CSR) program focused on education, employment, and economic empowerment. The MoU was signed by Syed Amir Ali, Deputy CEO Meezan Bank, and Tahir Jawaid, CEO The Hunar Foundation, at a ceremony attended by senior representatives from both organizations. The program equips participants with market-relevant technical skills, enabling employment and financial independence while also contributing to Pakistan's socio-economic growth. Since early 2024, Meezan Bank has continued to expand its Meezan Justuju initiative, building on previous partnerships with institutions like IBA CEIF (for Islamic Finance certification course) and NED Academy (for IT certification courses). The collaboration with THF marks another milestone in the Bank's mission to support youth through targeted training and employment programs. It will benefit over 150 trainees in the current year alone, helping reshape the national landscape of skill development, employability, and social inclusion. Since its inception, Meezan Justuju has trained over 600 individuals, with many participants successfully entering the workforce within a short period-reinforcing the program's success as a catalyst for financial empowerment and workforce integration. The partnership with THF aligns with national priorities to harness Pakistan's growing youth population by building capacity through vocational training and has the potential to convert the country's demographic potential into a productive economic asset. Copyright Business Recorder, 2025

Saliran to ride on listing momentum, expand footprint in Asean
Saliran to ride on listing momentum, expand footprint in Asean

New Straits Times

time19-06-2025

  • Business
  • New Straits Times

Saliran to ride on listing momentum, expand footprint in Asean

KUALA LUMPUR: Saliran Group Bhd will continue to build upon its recent listing momentum by expanding its operational footprint particularly in Southeast Asia. Saliran also plans to enhance its delivery and manufacturing capabilities under the "THF" co-owned brand. The THF brand is jointly owned by Saliran and Tae Heung Forging Co Ltd, with each partner contributing to its success. Saliran held its first annual general M meeting (AGM) today, where all 11 ordinary resolutions tabled were approved by shareholders. Key resolutions included the adoption of the Audited Financial Statements for the financial year ended Dec 31, 2024, and the approval of directors' fees and benefits for the financial years ending 2025 and 2026. The shareholders also approved the re-election of all six retiring directors and the re-appointment of Messrs. Kreston John & Gan as the company's external auditors. Another key resolution passed was the authority granted to the board of directors to issue and allot new shares pursuant to Sections 75 and 76 of the Companies Act 2016, providing the company with flexibility for potential fundraising exercises to support future growth initiatives. "We are grateful to our shareholders for their continued trust and support during this important chapter of our corporate journey. "The strong mandate given today reflects confidence in our long-term strategy," Saliran managing director Liaw Choon Wei said. "With the completion of our initial public offering (IPO) and listing in March 2025, and now the successful conclusion of our first AGM, we are more committed than ever to driving sustainable growth and value creation across our markets," he added.

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