Corporate Strategy:

 

Permissible Business Activities:

    		•  To acquire, purchase, setup and operate cement manufacturing plant and expand its plant into a capacity of larger size.

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    To purchase, take on lease, or otherwise acquire the undertaking, business and property or any part thereof any company or companies carrying on business as manufacturers of cement in Pakistan or elsewhere.

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    To purchase, take on lease, or otherwise acquire any mines, mining rights and metaleiferous land in Pakistan or elsewhere and to explore, exercise, develop and to turn to account the same.

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    To carry on in Pakistan and elsewhere the business of an electric light company in all its branches and in particular to construct lay down, establish, fix and carry out all necessary cables and wires, and to generate, accumulate, distribute and supply electricity and to light cities, towns, streets, theatres, markets, buildings and places both public and private.

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    To enter into partnership or into any arrangement for sharing profits or joint venture, with any person, firm or Company carrying on or engaged in or about to carry on or engage in any business or transaction which the Company is authorized to carry on or engage in.

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    To promote and form whether as a wholly or partly owned subsidiary or as an associated company or otherwise and to take, hold and dispose of shares so as directly or indirectly to benefit the Company.

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    To procure the registration or other recognition of the Company in any country, state or place, and to establish and regulate agencies for the purpose of the Company’s business.

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    To draw, make, issue, accept and to endorse, discount and negotiate Promissory Notes, Bills of Exchange, Bills of Lading, and Delivery Orders, connected with the business of the Company.

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    To take or otherwise acquire and hold shares in any other Company to invest Company’s funds in shares and other securities and from time to time sell or negotiate every such investment.

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    To appoint or to outsource any function by engaging another person or firm or company to work as consultant, technical or production or financial adviser or audit function and to enter into an agreement on such terms and conditions as the Directors may deem fit.

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    To deposit moneys belonging to Company with any bank or financial institution or non-banking financial institution with or without security upon such terms as may be thought proper and to invest or otherwise employ such moneys in such manner as may be thought proper and from time to time to vary such transactions in such manner as the Company may think fit subject nevertheless to act in contravention of any legislature.

    • To sell and in any other manner deal with property of the company or any part thereof for such consideration as the Company may think fit.

    • To guarantee the performance of contracts entered into by the Company with any person, firm or company.

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    To place to reserve or to distribute as dividend or bonus among the members out of un-appropriated profits or any reserve including any moneys received by way of premium on shares or debenture issued at a premium by the Company subject to the provisions of the Companies Ordinance.

    Strategic Initiatives:

    • Thatta Cement is a customer focused company providing quality products for all types of constructions.
      Vision Statement:
     
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    To transform the company into a modern and dynamic cement manufacturing unit fully equipped to play a meaningful role on sustainable basis in the economy of Pakistan.
      Mission Statement:
     
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    To provide quality products to customers at competitive prices.
     
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    To generate sufficient profit to add to the shareholders value.
     
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    Consistent focus on training and development.
     
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    Operational excellence throughout the company.
      Ongoing Activities:
     
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    Investing in new, efficiency driven technologies.
     
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    Investing in Environmental friendly technologies.
     
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    Attain self sufficiency.
     
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    Product diversification.
     
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    Continuous training and certification programs to our staff.
     
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    Improving service tools that greatly improve the ways we interface with our customers.
     
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    Investing more in human resources to serve our customers better.
     
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    Investing in new talents and skill.
     
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    Ensuring a strong focus on talent retention and talent management.
     
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    Finance and account management on modern lines.
     
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    Corporate governance.
     
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    Customer care and focus.
     
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    Strategic partnerships.
     
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    Standardization for efficiency.
     
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    Accreditation and certification.
     
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    Culture of XLence-personal commitment to excellence.
     
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    Strong innovative approach.
     
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    Customer driven competitive offering.
       
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