Institute of Business Management February 2, 2021 Mr. Suhail Ehtisham, Assistant General Manager, Orient Energy Systems (Pvt.) Lid Plot # 09, Sector 24, Korangi Industrial Area, Karachi. ‘SSK Centre for Excellence - Fire Fighting Works Dear Sir, Please refer to your letter dated November 12, 2020 in connection with sales tax invoice # 170543-0401 dated May 17, 2017 claiming an amount of Rs. 1,118,983/- internally verified by our Maintenance Department listing short receipt of 10 cylinders per detail as follows: - Description Qtyasperorder Qty available __Difference 1. Water Extinguisher 9 itr, red color 33 28 5 2. Dry powder Extinguisher, red color 33 28 5 The net amount payable after adjustment of the landed cost of short receipted items is being withheld as 1oBM had to spent considerable amount to run HVAC contract due to discontinuation of services by Orient. The amount payable against your invoice referred to above will be used to set-off against the Orient obligation on HVAC contract to this extent Sincerely yours, ps Adyisor to Presilent For Corporate Affairs Korangi Creek, Karachi-75190, Pakistan UAN (+9221) 111-002-004 Fax: (+9221) 35090968, Website: vww:iobm.edu.pk