Speedway Fondmetal (Pakistan) Limited
(Financial Discount and Guarantee House)

Speedway Fondmetal (Pakistan) Ltd (SFPL) was incorporated in Karachi, Pakistan under section 32 of the Companies Ordinance 1984, on the 11th day of March 1999 with an authorized capital of Rs.500 million (USD 10 million) and Paid Up Capital Rs.190 million (USD 3.20 million). It was issued the certificate of commencement of business under section 146(2) of the Companies Ordinance on the 22nd day of March 1999.

The status of the company is Non-Banking Financial Institution (NBFI). This is the fourth financial discount and guarantee house to be given the license to operate in Pakistan. The State Bank of Pakistan has permitted only one NBFI in Pakistan to deal as an authorized foreign exchange dealer. SFPL is the premier organization to hold this singular honor. Total assets of Speedway Fondmetal (Pakistan) Limited is Rs.240 (USD 4.00 million) as on 30-June-2007.

Speedway Travel & Tours Limited
Speedway Travel & Tours Ltd (STTL) was incorporated in Karachi, Pakistan under section 32 of the Companies Ordinance 1984, on the 15th day of Nov. 2002 with an authorized capital of Pak Rupees 20 Million and Paid Up Capital Rs.20 million (USD 333,333).