Karachi, June 01, 2012 (PPI-OT): This is to inform you that the unit holders of KASB Stock Market Fund (“KSMF”) and Crosby Dragon Fund (“CDF”) representing the three fourth in value of the total outstanding units of KSMF and CDF have approved the Merger of KSMF into CDF in the unit holder meeting.
The effective date of the merger of the above mentioned two funds (KSMF and CDF) will be communicated to the unit holders of KASB Stock Market Fund as and when it is approved by the Securities and Exchange Commission of Pakistan, Hence, the register of KASB Stock Market Fund will remain closed till the effective date.
For more information, Contact:
Syed Adnan Abdali
Company Secretary
KASB Funds Limited
5TH Floor, Trade Centre,
I. I. Chundrigar Road,
Karachi-74200, Pakistan
UAN: +92 21 111 535-535
Fax: +92 21 32624635
URL: www.kasbfunds.com