Karachi, April 11, 2013 (PPI-OT): The following resolution was passed at the Meeting of Board of Directors of IGI Investment Bank Limited (IGIBL) held on April 11, 2013 at 11:00 am:
“RESOLVED that an Extra-ordinary General Meeting of the Company be convened at a place on a date and time to be fixed by the Managing Director with the consent of the Karachi Stock Exchange for passing a resolution approving the sale of the Company’s entire shareholding in IGI Funds Limited (“IGI Funds”) to Alfalah GHP Investment Management Limited (“Alfalah GHP”) together with the transfer to Alfalah GHP of the management control of IGI Funds and the six open-end funds managed by IGI Funds.”
For more information, contact:
Tariq Hasan Quraishi
Managing Director and Chief Executive
IGI Investment Bank Limited
7th Floor, The Fortune, Suite No. 701-713,
G,-20, Block-9, Khayaban-e-Jami, Clifton,
Karachi- 75600, Pakistan.
Tel: 111 234 234
Fax: 111 567 567