Daily Archives: June 26, 2012

Dawood Capital Management Limited’s compliance of regulation 65 of NBFC and N.E. regulations, 2008 on First Dawood mutual fund (closed end fund) managed

Karachi, June 26, 2012 (PPI-OT): In accordance to sub regulation 65 of NBFC and N.E. Regulations, 2008 (which requires all Asset Management Companies managing closed end funds to seek approval of the certificate holders/share holders whether to convert the closed end fund into an open end fund, or revoke it) …

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Faysal Bank Limited’s permission to conduct due dilligence of consumer finance business of Citibank N.A. Pakistan

Karachi, June 26, 2012 (PPI-OT): The State Bank of Pakistan through its letter No. BPRD (RandP-02)/625-93/2012/7785 dated June 25, 2012 has granted approval to Faysal Bank Limited (FABL) to conduct the due diligence of the Consumer asset portfolio of Citibank N.A. (Pakistan Operations). The due diligence will commence subject to …

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Arif Habib Investments Limited’s Pakistan international element islamic asset allocation fund, final distribution for year ending June 30, 2012

Karachi, June 26, 2012 (PPI-OT): We have to inform you that the Board of Directors of Arif Habib Investments Limited (AHI) the management company of Pakistan International Element Islamic Asset Allocation Fund in their meeting held at MCB House, Lahore, on Monday June 25, 2012 at 4:00 pm, approved the …

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