Karachi, IBL Healthcare Limited informed Pakistan Stock Exchange about resignation of Mr. Munis Abdullah as Director with effect from June 09, 2016. The company was incorporated in Pakistan as a private limited company on July 14, 1997. In November 2008 the Company was converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a wholly owned subsidiary of Searle Pakistan Limited. The principal business activities of the company are marketing and selling, distribution of healthcare products. The shares of the company are quoted on the Karachi Stock Exchange. The registered office of the company is located in Karachi. The portfolio of the company includes divided into three distinct categories, namely Nutritional Products, Plasma Protein Components and Hospital Disposables. The company is the major partner of globally recognized multinational organizations having expertise in their respective fields of health care products. The partners of the company include MeadJohnson Nutritionals – USA, Tyco Health Care – USA, Intersurgical – UK, Terumo – Japan and Molnlycke – Sweden. The symbol “IBLHL” is being used by the stock exchanges for the shares of IBL Healthcare Limited.

Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company is now scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016. Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive). Faysal Asset Management (FAML) is an Investment Manager that delivers structured and customized professional investment solutions to its domestic and international clientele. Our endeavors are directed towards facilitating our clients with investing in multiple asset categories to diversify risk in a prudent manner, while capitalizing on the ever-shifting financial and real-economy dynamics within Pakistan as well as across international waters to generate that coveted investment alpha. Operating out of Pakistan, Faysal Asset Management is the financial investment arm of the Faysal Group – sponsored by Islamic Investment Company of the Gulf, Ithmaar Bank of Bahrain, Dar Al-Maal Al-Islami Trust in Switzerland and Faysal Bank in Pakistan. The organization was setup in 2003 and has matured in a short span of time to command Assets under Management worth $78 million and Discretionary Funds worth $76 million.

Karachi, Hira Textile Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 100,000 shares @ Rs. 9.67 per share were bought from the market on June 21, 2016 through CDC. Hira Textile Mills Limited was incorporated in Pakistan on January 31, 1991. The foundations of the company are laid under the Companies Ordinance, 1984. The company produces cotton yarn with the facility of an in house dying unit and Hira Terry manufactures towels. The stocks of the company are listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The mill is located in Raiwind, District Kasur. The company has spinning, doubling and yarn dyeing machinery. The spinning units comprises of 40,000 spindles. The product range of the company varies from coarse counts to fine counts ranging from 4/1cd to 80/1cm, producing ring spun as well as compact spun yarns, slub and Lycra yarns. Hira Terry Mills limited is a jointly controlled association company located adjacent to the registered office at Lahore. The symbol “HIRAT” is being used by the stock exchanges for the shares of Hira Textile Mills Limited.

Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company is now scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016. Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive). Faysal Balanced Growth Fund (FBGF) is an open-ended mutual fund. The units of FBGF are listed on the Karachi Stock Exchange and were initially offered to the public on April 19, 2004. FBGF seeks to provide long-term capital appreciation with a conservative risk profile and a medium to long-term investment horizon. FBGF’s investment philosophy is to provide stable returns by investing in a portfolio balanced between equities and fixed income instruments. The symbol “OEFFBGF” is being used by the stock exchange for the shares of Faysal Balanced Growth Fund.

Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company is now scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016. Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive). Faysal Income & Growth Fund (FIGF) is to provide superior long-term risk adjusted returns by investing in a diverse pool of fixed income securities, including money market instruments; in particular, the aim is to minimize interest rate risk through duration management and default risk through portfolio diversification. The Fund will employ prudent and disciplined investment management, and maximize the total investment return through systematic and informed security selection. The symbol “OEFFIGF” is being used by the stock exchange for the shares of Faysal Income & Growth Fund.

Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company now is scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016. Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive). Faysal Islamic Savings Growth Fund, an open end mutual fund, seeks to provide maximum possible preservation of capital and a reasonable rate of return via investing in Shariah Compliant money market and debt securities having good credit quality rating and liquidity. The symbol “OEFFISGF” is being used by the stock exchange for the shares of Faysal Income & Growth Fund.

Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company is now scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016. Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive). Faysal Asset Management (FAML) is an Investment Manager that delivers structured and customized professional investment solutions to its domestic and international clientele. Our endeavors are directed towards facilitating our clients with investing in multiple asset categories to diversify risk in a prudent manner, while capitalizing on the ever-shifting financial and real-economy dynamics within Pakistan as well as across international waters to generate that coveted investment alpha. The symbol “OEFFSGF” is being used by the stock exchanges for the Faysal Savings Growth Fund.