MYK Associates

MYK Associates MYK Associates (Pvt.) Ltd is a service provider to the Financial Sector in Pakistan and are on the approved panel of all the banks in Pakistan. Mr.

Ltd is a service provider to the Financial Sector of Pakistan. Services include

Asset Valuations, Vehicle and Rolling Equipment Evaluations, Stock Evaluations, Stock Inspections,

Muccaddam Services (Collateral Management), Clearing & Forwarding Services, Project Management,

Credit Evaluation and Credit reports, Income Estimations, and Pre-Insurance Valuations. We are approved by Pakistan Ban

ks’ Association as a NO LIMIT company in all the three categories

which are:

1. Panel I (for Valuation of Land and Buildings)

2. Panel II (for Valuation of Plant and Machinery)

3. Panel III (for Valuation of Current Assets and Commodities)

MYK was founded in 2002 by M. Younas Khan, a senior Banker a Fellow of the Institute of Chartered

Accountants in England and Wales and Fellow of Institute of Bankers in Pakistan. Khan has 35 years

of experience in international banking and the last position he held was as a Country General Manager of

Deutsche Bank A.G Pakistan. He is well known in the Banking, Insurance, Business Professional and

Government circles of Pakistan. He has been the President of Pakistan Banks’ Association in 1997. For

two years as President of Overseas Chamber and Commerce. He has been the Chairman of German

Business Council (Kaufmannsrunde) for 4 years

Since commencement of our meaningful business in 2003, we have gained great deal of experience. During this course of time we have had the pleasure with providing our services and working with almost

all the banks in Pakistan. We have done evaluations of wide spectrum of assets from motor vehicles,

hospitals, to power plants. On the consumer side, we have been instrumental in

valuating0residential0properties: openpplots.uurban0and agriculture0land0on0a0nationwide0basis0for0nearly0all0the

major0players0in the0market. On the Corporate and SME areas, we are proud to say that we have experts in

this field and have we have covered large spectrum of industrial units of all sizes. We have a large Valuation Department in our Head Office to cover Pakistan and we have qualified

engineers and other suitably qualified and experienced staff. We give this benefit of our experience whilst

evaluating0the0assets of the banks’ clients for their various products. We are also cognizant of the

importance to give the banks a fast turnaround time so the bank’s staff may

serve0their0clients0efficiently0enhancing0their0volumes. We specialize in Muccadum Services (Collateral Management). The underline objective is to safeguard

interest of the bank at all costs and keep the bank informed of any developments taking place at the

godowns. Presently we are providing Muccaddam services to Habib Bank Limited, Allied0Bank, Bank Al

Habib, and Bank Al- Falah, Bank Islami, Bank Al Falah Islamic, Faysal Bank, JS Bank, Summit Bank,

Silk Bank, Meezan Bank and National Bank Of Pakistan, Standard Chartered Bank. We also conduct

Stock Inspections, both hypothecated and pledged goods and also specialize in valuations of motor

vehicles or any other rolling assets. We are a nationwide firm operating in Multan, Faisalabad, Lahore, Gujranwala and Hyderabad soon

to be opened in Islamabad. We feel that we are best suited to provide the banks our services on a nationwide basis as we have our

offices at key locations. Moreover, we can pass on to you our years of hands on experiences in the area of

Evaluations, Muccaddam (Collateral Management) and Stock Inspections.

12/08/2017

14 August Celebration

11/02/2016

MYK Associates's cover photo

02/10/2015

OUR PROJECTS For AUTO PARTS INDUSTRIES
WE HAVE CONDUCTED EVALUATIONS AND INSPECTIONS OF THE FOLLOWING CLIENTELE :

-M/s. Thal Limited (Engineering Division)
-M/s. Pak Limousine Services Pvt Ltd
-M/s. Crystal Corporation
-M/s. Auvitronics Limited
-M/s. Alsons Auto Parts Pvt. Ltd

29/08/2015

ASSET EVALUATION

We are Panels ‘I’, ‘II’ & ‘III’ Valuers, approved by the Pakistan Banks’ Association. This means we are authorized to provide independent Valuation of any kind of any kind of asset anywhere in Pakistan.
The Panels in which our company is approved are categorized as follows:

Panel ‘I’ – Valuation of Land & Buildings
Panel ‘II’ – Valuation of Plant & Machinery
Panel ‘III’– Valuation of Current Assets & Commodities
Our evaluation assessment encompasses three segments as follows:

1. Land
2. Building Structure
3. Plant, Machinery & Equipment

Our evaluation team possesses deep insight to the current market conditions, and the prevalent economic situation, which enables us to produce thorough evaluation reports that are conducive to our clientele.
We have also tied up with the region's largest property firms. This combined experience has enabled us to deliver reliable advice on local market conditions, of high professional standards.

23/07/2015
Welcome to MYK

http://mykassociates.com/

MYK Associates (Pvt.) Ltd is a service provider to the Financial Sector in Pakistan and are on the approved panel of all the banks in Pakistan. More..

08/07/2015

Timeline Photos

28/05/2015
Muccaddam Services

http://mykassociates.com/widgetkit/muccaddam-services

Muccaddam Services joomla 3.5новогодние поздравления sмs Organization of our Muccadam ServicesMYK Associates (Pvt.) Limited Muccadam Services are provided by a team of highly trained professionals and experts having several years of experience in this field. We provide nationwide Muccadam services u…

28/05/2015

STOCK INSPECTIONS

We carry out inspections of hypothecated and pledged stocks. Our teams are well versed in this line of work and all precautions are taken by us whilst conducting such inspections. Thorough comments are given to the clients on the nature of stocks, condition of stocks, method of stacking, approximate value, condition of the warehouse where the stocks are stored, fire fighting equipment, sprinklers, security aspects and our recommendation of any weaknesses found are highlighted in our reports. The quality of stock is determined by drawing random samples of stocks under inspection.
The general condition of warehouse structure, cleanliness, security system, air ventilation, sun-light, electrical wiring, fire hazards and fire-fighting equipment available are all observed and noted. Any discrepancies found are noted down and reported to owners and the bank for information / necessary remedial action

25/05/2015
Project Management

http://mykassociates.com/widgetkit/project-management

Project Management joomla 3.5новогодние поздравления sмs The discipline of planning, organizing, securing and managing resources to achieve specific goals, our primary challenge in project management is to achieve of all the project goals and objectives while honoring the preconceived constraints by…

25/05/2015
Market Information

http://mykassociates.com/widgetkit/market-information

Market Information joomla 3.5новогодние поздравления sмs We prepare two types of market information reports. They are as follows: Local Credit Report Third Party Market Report Local Credit Reports-(LCRs) This report mainly comprises of information gathered directly from the client. Through this repo…

22/05/2015
Welcome to MYK

Get In Touch

CONTACT US
MYK ASSOCIATES (PRIVATE LIMITED)

ADDRESS

MYK HOUSE, 52-A, Block ‘B’, Street No. 5, Sindhi Muslim Cooperative Housing Society Limited (SMCHS)
Karachi
Sindh
Pakistan
CONTACT

http://www.mykassociates.com

MYK Associates (Pvt.) Ltd is a service provider to the Financial Sector in Pakistan and are on the approved panel of all the banks in Pakistan. More..

22/05/2015

ABOUT US

MYK Associates (Pvt.) Ltd is a service provider to the Financial Sector in Pakistan and are on the approved panel of all the banks in Pakistan. A nationwide company, our services include Valuations of Fixed and Current Assets, Inspections of Hypothecated and Pledged Stock and Muccadamage or Collateral Management. We are also registered and are on the approved panel of NBFI & Modarba Association of Pakistan.

We are approved by Pakistan Banks’ Association (PBA) in the following three categories:

1. Panel I (for Valuation of Land and Building)
2. Panel II (for Valuation of Plant and Machinery)
3. Panel III (for Valuation of Current Assets and Commodities)

MYK has been founded by M. Younas Khan FCA (England & Wales) and Ex Country General Manager, Deutsche Bank AG in Pakistan. As a professional company, MYK has over 14 years of experience of conducting evaluation, inspection and maccadam management assignments.

Over the years, our valuation assignments covers a wide spectrum in consumer retail, industrial, commercial, agricultural and corporate portfolios that encompass land, building, plant & machinery, commercial buildings, hospitals, residential properties as well as open plots both in rural and urban areas. We currently conduct inspections for all the corporate and commercial clients for different banks. Our maccadum department expertly manages different portfolios including seasonal crops which include wheat, rice, cotton, as well as ship breaking, molasses, ethanol, sugar, edible oil, and canola.

We are given these assignments from the Banking Sector in Pakistan as well as privately for their balance sheet purposes.

Address

MYK HOUSE, 52-A, Block ‘B’, Street # 5, Muslim Cooperative Housing Society (S. M. C. H. S. ), , Sindhi
Karachi
75400

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