June 17, 2011

Branch Manager

Subject: BANKING FACILITIES

Dear Mr. -----------------------

Thank you for your offer letter dated 28^th May 2011 for the banking facilities and our subsequent discussion with your General Manager South Mr. ---------------. We are returning the same duly signed but subject to our following reservations.

Please refer to your security first Pari Passu charge of Rs. 100 Million including 30% margin on the current as well as fixed assets of our company. We are dealing with other banks as well and there is only one charge is created to cover the bank financing either on fixed assets or on current assets.

There is cushion available in the fixed assets of our company and as such we are pleased to offer you First Pari Passu charge of Rs. 100 Million only on the fixed assets of the company and the same has been agreed by your General Manager South Mr. ----------------- on the phone.

You have not capped your mark-up on FE-25 loan facility whereas we proposed in our letter of request for the credit facilities dated 27^th January 2011, LIBOR+1.5% (copy enclosed). Kindly confirm. Furthermore no bank is charging 5% cash margin on the opening of the L/Cs. We request you to kindly delete this condition.

Thanks and regards,

-------------

---------------------

Textile policy 2009-10 - Allocation of funds

Date: AUG 03, 2010

Our Ref. No. Exp/PDMEA/0209

The Secretary

Ministry of Textile Industry

Government of Pakistan

Islamabad

Sub: Textile policy 2009-10 - Allocation of funds

Dear Sir:

With refer to the much appreciated textile policy 2009-2010 in which subsidies like Drawback of Local Taxes and Levies and Mark up rate subsidy @ 2.5% was announced to facilitate the exporter and increase the export of Pakistan.

The said policy however, has not been implemented in its true spirit as the fund for reimbursement of the above subsidies has not been allocated to the State Bank of Pakistan by Ministry of Textile Industry on timely basis resulting in accumulation of large amount of Drawback cases.

Further refer to Ministry of Textile Notification No 3(2) TID/09-P-I dated September 1, 2009, regarding mark-up support of 2.5% to the exporter of textile industry on Export Refinance effective from 1st September 2009 payable on six-monthly basis, the first installment has been paid to the eligible borrowers to the extent of 60% of total amount worked for six months period from 01-09-2009 to 28-02-2010. The remaining amount of 40% subsidy will be provided upon receipt of funds from Ministry of Finance as and when received. Also note that several cases credited by commercial banks under this subsidy were also reversed on the directives of State Bank of Pakistan due to insufficient funds allocation of this subsidy amount.

We therefore humbly request that sufficient funds allocation be made against these subsidies as this will give some relief to export-based industries, & definitely help them come out of the financial crisis and enhance exports.

Thanking you,

Yours faithfully,

ASIF RIAZ

Chairman

Excess Billing

August 17, 2010

Mr. Zahid Mumtaz

General Manager

Customer Relations

Sui Southern Gas Company Ltd

SSGC House St-4/B, Block-14

Sir Shah Suleman Road

Gulshan-e-Iqbal

Karachi Fax No. 9231500

Subject: Excess Billing

Ref: Customer No. --------------

Dear Mr Zahid Mumtaz,

Kindly be advised that our gas consumption in the month of July is ----- cu. mtrs compared to ------. mtrs in the month of June a decrease ------- cu. mtrs, but the decrease does not corresponds with the bill, reason being you have applied a higher GCV ----- compared to GCV ------- you have applied in the earlier months.

You are requested to kindly issue us the revised bill based on GCV of ------ before due date i.e. 20-Aug-2010. Your cooperation will be highly appreciated.

Thanks and regards

---------

WRONG ASSESMENT – LOWER SIDE OF DUTYDRAWBACK CLIAMS

04-OCT-10

Dear Members PDMEA

Subject: WRONG ASSESMENT – LOWER SIDE OF DUTYDRAWBACK CLIAMS

It is to bring in your kind notice that the duty draw back had notified by the Federal Board of Revenue vide schedule-XXXV of SRO-209(I)/2009 dated 05-03-2009 after comprehensive survey conducted of 3 numbers of Denim units against the application duly submitted by the Pakistan Denim Manufacturer and Exporters association. The rebate of rate has been increased & the comparison of old rebate rates and new rebate rate are as under:

OLD RATES VIDE SCHEDULE-1 NEW RATES VIDE SCHEDULE -XXXV

SR0-955(I)/2007 dated 17/09/2007 SRO-209(I)/2009 dated 05-03-2009

Denim Fabrics 0.71% of fob value 0.85% of fob value

Denim Garments 0.90% of fob value 1.35% of fob value

In the couple of month ago the Collectorate, PACCS has raised the objection that the Denim fabrics/Garment made from 100% cotton will be assessed vide schedule-1 of SRO-209 (in which rebate rate for fabric @ 0.71% of FOB value & Garment 0.90% of Fob value) instead of schedule-XXXV of SRO-209 as the exported products is 100% cotton fabrics & the lycra is not being used in the process. Whereas as per our view point, the Denim process is entirely different as compare to 100% cotton fabrics process due to the different dyes and chemicals used in the process. However the usage of Lycra is depend on the Buyers demand it may be used or not used. Whereas the Custom duty on import stage is 0% on lycra, therefore it is entirely irrelevant factor in the determination of duty draw back rates.

Accepting the lower duty drawback rates losses a million of Rupees for Export of Denim Fabric and Denim Garment, therefore we have already taking up the matter through a technical consultant on the subject issue with the Customs Care and Federal Board of Revenue for changing description of exported goods “Denim Fabrics and Denim Garments” with or without lycra, as accessories. which .

In this regard, we are looking for your valuable comments in the matter, please.

Yours faithfully,

Chairman

Textile policy 2009-10 - Allocation of funds

Date: AUG 03, 2010

Our Ref. No. Exp/PDMEA/0209

The Secretary

Ministry of Textile Industry

Government of Pakistan

Islamabad

Sub: Textile policy 2009-10 - Allocation of funds

Dear Sir:

With refer to the much appreciated textile policy 2009-2010 in which subsidies like Drawback of Local Taxes and Levies and Mark up rate subsidy @ 2.5% was announced to facilitate the exporter and increase the export of Pakistan.

The said policy however, has not been implemented in its true spirit as the fund for reimbursement of the above subsidies has not been allocated to the State Bank of Pakistan by Ministry of Textile Industry on timely basis resulting in accumulation of large amount of Drawback cases.

Further refer to Ministry of Textile Notification No 3(2) TID/09-P-I dated September 1, 2009, regarding mark-up support of 2.5% to the exporter of textile industry on Export Refinance effective from 1st September 2009 payable on six-monthly basis, the first installment has been paid to the eligible borrowers to the extent of 60% of total amount worked for six months period from 01-09-2009 to 28-02-2010. The remaining amount of 40% subsidy will be provided upon receipt of funds from Ministry of Finance as and when received. Also note that several cases credited by commercial banks under this subsidy were also reversed on the directives of State Bank of Pakistan due to insufficient funds allocation of this subsidy amount.

We therefore humbly request that sufficient funds allocation be made against these subsidies as this will give some relief to export-based industries, & definitely help them come out of the financial crisis and enhance exports.

Thanking you,

Yours faithfully,

ASIF RIAZ

Chairman

SALE/PURCHASE ENQUIRY

SALE/PURCHASE ENQUIRY

Dear Sir,

M/S HUSSAIN MILLS LTD are interested to sell the following machinery:

MACHINE	MURATA 7-II	MURATA 7-II
SERIAL NO	86SX19960-01	86 SX 119960-01
YEAR	1987.4	1987
DIRECTION	RIGHT SIDE	RIGHT SIDE
SUCTION	OVER HEAD	OVER HEAD
NO.OF SPINDLE	60	60
TYPE	MAGAZINE TYPE	MAGAZINE TYPE
NOZZLE	G1	G1
MEASURING HEAD	USTER MK-C15-A2	USTER D4 MK-C15-A2
CONTROL PANNEL	UAM/D4E1 TWO SUCTION (24+36)	UAM/D4E1 TWO SUCTION (24+36)
CONTROL HEAD	MMM-MKII	MMM-MKII
OVER HEAD BLOWER	LUWA	LUWA
CREDLE	CONTILEVER	CONTILEVER
DRUM	ALUMITE	STEEL
DRUM TURN	2.5 WIND	2.5 WIND

Interested parties may contact the following person:

Mr. M. Tanveer Ahmad

Group Store Auditor

&

Import Incharge

Hussain Group

Ph # +92-61-6527238-6528245 EXT.163

Fax # +92-61-6526487

www.hussaingroup.com

Regards,

Muhammad Azam
COO – APTMA

ANNUAL MEMBERSHIP FEE FOR THE YEAR 2011-12

ANNUAL MEMBERSHIP FEE FOR THE YEAR 2011-12



Dear Sirs,



As per Rule 11(4) of Trade Organizations Rules-2007, the Annual Membership Fee for the year 2011-12 has fallen due for payment within due date of payment upto 31st March 2011. You are requested to please renew the membership with APTMA by making payment of the Membership Fee as per the following rates:



Sr.#
Membership Fee
Annual Rate Per Machinery Installed (Rs.)

Spindle
Rotor
Conventional Loom
Shuttle-less / Air-jet Loom

1
Annual Subscription
1.00
10.00
32.00
128.00

2
Research & Development
0.50
5.00
12.50
52.00

3
Public Relations
0.50
5.00
12.50
52.00


TOTAL
2.00
20.00
57.00
232.00

· The maximum Annual Subscription (including all other contributions) payable by any member shall be Rs.200,000/-.

· The Admission Fee for new membership shall be Rs.25,000/-.





Please note that as per the Rules, no relaxation / extension for payment of membership fee would be allowed for renewal of membership. Members wishing to retain the membership rights, including voting rights, must not ignore the last date for payment of Membership Fee i.e. 31st March 2011. Any delay in payment of the membership fee would render expiry of the membership with APTMA.



You are also requested to provide a copy of TCO (Tex 1-5) Return submitted to the Textile Commissioner’s Organization for the month of February 2011 along with copies of Income Tax and Sales Tax Returns, if applicable, for the preceding year to APTMA.



The Membership Certificate of APTMA will be issued on receipt of the payment of the Membership Fee and requisite documents within due date.



Best regards,



Muhammad Azam

Chief Operating Officer/

Secretary General


Note: Worthy Members who have already renewed their membership / deposited Annual Membership Fee for the Year 2011-12 with APTMA