Sr.

Name of Rep.

Name of the Organization /Firm

Cell No.

In-Person / Online / Through Email

01

Mr. Usama Bin Zakir 

M/s. BDO Ebrahim & Co.

0336-5354045 

In-Person

02

Mr. Umar Yasin

M/s. A. F. Ferguson & Co.

0302-0520-366

Email

Sr No.

Points discussed / question raised

Responded by the JMC Committee

01-

Background of the Company and its operations.

The Company is a Not-for-Profit Organization, wholly owned by the Federal Government through Ministry of National Health Services, Regulations & Coordination. The details of the Company and its project are available on our website: https://jmc.com.pk/

02-

Current Auditors

UHY Hassan Naeem & Co.

03-

Year-end

June 30

04

Names of Related entities

Related parties comprise the Government of Pakistan (GoP) and related entities under the control of the GoP. Other related parties include the Board of Directors, the Chief Executive Officer, the Chief Financial Officer and key management personnel.

05

Names of Associated companies by common directorship

None.

06

Fee charged by predecessor auditor for annual commercial audit for FY 2056-26.

Rs 300,000 inclusive of applicable taxes and out of pocket expenses.

07

Details of directors, key management personnel and major shareholders (ultimate beneficial owners) 

The Company is a State-Owned Enterprise under state State-Owned Enterprise Act 2023 ( SOE Act 2023) and is incorporated as a Company Limited by Guarantee not having share capital. Accordingly, the Company has no shareholder or ultimate beneficial owners based on shareholding. The Company is governed by its Board of Directors, with key management personnel responsible for its day-to-day operations.

08

Accounting system used by the entity;

The entity currently maintains its books of accounts on MS Excel. Management has initiated the process of transitioning to an ERP-based system, which is expected to be implemented in the near future.

09

Location where vouchers, supporting documents, accounting records etc. are located and location of audit field work 

Head Office - 4th Floor, Ufone Tower on Jinnah Avenue, Sector F-7/1, Blue Area, Islamabad, Pakistan

10

Latest audited deliverables.

Available at the company’s official website

11

Certificate of incorporation of the entity indicating the complete legal name and date of incorporation and other registration certificate/license, as applicable; 

Will be shared with the successful bidder

12

CNICs/ Smart National identity card (SNIC) issued by NADRA for all directors or Foreign passport (if any foreign director)

Details available at the company’s official website

Representative of User Department / Concerned Chief

 

________________________
Mr. Salman Ajmal Shah
Manager Treasury

(Member)

_____________________
Mr. Daud Aziz Khokhar
Chief Legal Officer
(Member)

_________________________
Mr. Nadeem Wali Muhammad
Chief Financial Officer

(Member)

_______________________
Dr. Iftikhar Ahmed Babar
Chief Procurement Officer

(Chairman)