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Financial results of Faysal Money Market Fund for period ended March 31, 2016

Karachi, Faysal Money Market Fund informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 22, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended March 31, 2016 which portrayed a profit of Rs. 74,580,067 and Rs. 20,332,718 respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Faysal Money Market Fund, an open end mutual fund seeks to provide maximum possible preservation of capital and a reasonable rate of return via investing in money market securities having good credit quality rating and liquidity. The symbol “OEFFMMF” is being used by the stock exchange for the shares of Faysal Money Market Fund.

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Financial results of Crescent Cotton Mills Limited for the period ended June 30, 2014

Karachi, Crescent Cotton Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on May 07, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for the period ended June 30, 2014 which portrayed a profit of Rs. 96,000,00 and earnings per share 4.53 basic and diluted. Nil payment of cash dividend, bonus shares and right shares was agreed. The Crescent Cotton Mills Limited is a public limited company incorporated on March, 1959 in Pakistan under the Companies Ordinance, 1984. The company is engaged in business of textile manufacturing comprising of spinning, combing, weaving, dyeing, bleaching, printing, stitching, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber. This assists in generating, accumulating, distributing, supplying and selling of electricity. The Company also operates a cold storage unit. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The closure of sugar as well as distillery units of the company the management and the board of directors considered changing the name of the company. On May 02, 2012 the name of the company was changed to “Crescent Cotton Mills Limited” from “Crescent Sugar Mills & Distillery Limited”. Crescot Mills Limited is the only subsidiary of the company with 66.15% holding. Due to heavy losses the company has ceased all production activities since August, 1998 and has disposed off some of its plant and machinery. The management of the Company has got the Company de-listed from the Karachi Stock Exchange The symbol “CCM” is being used by the stock exchanges for the shares of Crescent Cotton Mills Limited.

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Financial results of PICIC Insurance Limited for period ended March 31, 2015

Karachi: PICIC Insurance Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on April 25, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for three month period ended March 31, 2015 which portrayed a loss of Rs. 5,430,000 and loss per share 0.16 basic and diluted. PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.

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