Karachi, July 02, 2013 (PPI-OT): This is with reference to our earlier letter no. FCIL/CS/07/13 dated 01 July 2013 in respect of status of conversion of First Capital Mutual Fund Limited (“FCMF” or “the Fund”) in to an open end scheme.
It is hereby informed that SECP has extended the effective date for conversion of FCMF into open end scheme until 30 July 2013.
A copy of fax intimation received from SECP in attached herewith.
You may please inform the members of the Exchange accordingly.
Extension of date for Conversion of First Capital Mutual Fund Limited (“FCMFL”) into an Open-end Scheme
Please refer to this office letter No. SCD/AMCW/FCMF/516/2013 dated May 03, 2013 and your subsequent letter dated June 26, 2013 on the captioned subject.
In this regard, the SECP is pleased to extend the effective date for the conversion of FCMFL into open end scheme until July 30, 2013. All the other conditions imposed vide above mentioned letter of SECP shall remain the same.
Furthermore, the AMC is advised to share the extended effective date of conversion of FCMFL with the shareholders, custodian and to the Stock Exchange(s) where FCMFL, is listed immediately upon receipt of this letter.
For more information, contact:
Javed Akhter Malik
Deputy Director
First Capital Investments Limited
Head Office: 2nd and 3rd Floor,
Pace Mall, Fortress Stadium,
Lahore, Pakistan
Tel: +92-42-36623005-6-8,
Fax: +92-42- 36623121-22,
Web: www.fcit.com.pk