Karachi, March 22, 2013 (PPI-OT): In accordance with Clause (xxiii) of the Listing Regulation No. 35 under Code of Corporate Governance, we are pleased to convey the following information.
The Board of Directors of BankIslami Modaraba Investments Limited (BIMIL) (Management Company of Modaraba Al Mali) in its meeting held on 19th March 2013 has decided to explore the opportunity to dispose-off the non-financing businesses of Modaraba Al Mali.
For more information, contact:
Syed Ahmed Asim
CFO and Company Secretary
BankIslami Modaraba Investments Limited
10th Floor, Progressive Square,
Opp. Nursery, Shahrah-e-Faysal,
Karachi, Pakistan.
Phone: (92-21) 34547521-5
Fax: (92-21) 34547526
Website: www.modarabaalmali.com