Karachi, Trust Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 23, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2020.
Further, the company has declared the closed period from September 15, 2020 to September 23, 2020.
Trust Modaraba was formed under the Modaraba Companies and Modarabas (Floatation and Control) Ordinance, 1980 and the rules framed there under and had being managed by Al-Zamin Modaraba Management Private Limited. The Modaraba commenced its business operations from November 12, 1991. The Modaraba is perpetual, multi-purpose and multi-dimensional, engaged in the business of Murabahas, Musharakahs, Leasing (Ijarah), investment in marketable securities, tradings and other permissible businesses. The Modaraba is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi.
The symbol “TRSM” is being used by the stock exchange for the shares of Trust Modaraba.