Tag: ABL Asset Management Company Limited

Karachi, July 31, 2013 (PPI-OT): In compliance of Listing Regulation No.29, of JCSE, this is to inform you that the 32nd meeting of the Board of Directors of ABL Asset Management Company Limited (ABLAMC), the Management Company of ABL Income Fund (ABL-IF), ABL Stock Fund (ABL-SF), ABL Cash Fund (ABL-CE), ABL Islamic Income Fund (ABL-IIF) and ABL Government Securities Fund (ABL-CSF) will be held at 11:30 a.m. on Tuesday, the August 06, 2013 at the Registered office of the Company situated at 11-B, Lalazar M. T. Khan Road, Karat to consider among other things the Financial Statements (audited) of the funds under management for the year ended June 30, 2013.

In terms of proviso of Clause (xxiii) of the Code of Corporate Governance contained in the Listing Regulations No. 35 of KSE the Company has decided to observe a “Closed Period” for ABL-IF, ABL-SF, ABL-CF, ABL-IIF and ABL-GSE from July 31, 2013 to August 06, 2013 restricting the purchase/sale/ Transfer/ conversion /pledge in Units of funds under management (directly or indirectly) by the Directors, Chief Executive Officer and Executives of the Company prior to the announcement of the financial results.

Notice of Book Closure for Final Distributions ff the ABL Stock Fund

The Board of Directors of ABL Asset Management Company Limited (ABL AMCL) has decided to consider and approve distribution out of profits earned by ABL Stock Fund (ABL-SF) for the year ended June 30, 2013.

In this regard, the Board of Directors will on Tuesday August 06, 2013 consider and approve, if deemed fit, distribution out of profits earned by ABL-SF for the year ended June 30, 2013. Further the Register of Unit Holders of ABL-SF will remain closed on August 06, 2013.

Duly completed applications for investment redemption, transfer, conversion and pledge of units or any change in address or particulars received by the Registrar-ABL AMCL at First Floor 11-B, Lalazar, M.T. Khan Road, Karachi or at any of our distributors offices up to the close of business on Monday August 05, 2013, will be entitled for any declared payouts.

Transaction in units will resume from Wednesday August 07, 2013.

For more information, contact:
Saqib Matin
CFO/ Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com

Karachi, July 22, 2013 (PPI-OT): The Board of Directors of ABL Asset Management Company Limited (ABLAMC) has authorized the Chief Executive Officer (CEO) to consider and approve on their behalf the interim distribution out of profit earned by ABL Cash Fund (ABL-CF) and ABL Government Securities Fund (ABL-GSF).

In this regard, the CEO will on Tuesday July 30, 2013 consider and approve, if deemed fit, the interim distribution out of profits earned by ABL-CF and ABL-GSF for the month ending July 31, 2013.

Application for Investment/ Redemption/ Transfer/ Conversion/ Pledge of units or any change in address or particulars received by the Registrar-ABL AMCL at 11-B, Lalazar, M.T. Khan Road, Karachi or at any of our distributors offices by the close of business day on Monday July 29, 2013, will be treated in time for the purpose of entitlement to the unit holders for any distribution. The issue and redemption of units will not be interrupted by this announcement.

This is in accordance with the Offering Document of ABL CF and ABL GSF and applicable provisions of the Non-Banking Finance Companies and Notified Entities Regulations, 2008.

For more information, contact:
Saqib Matin
CFO/ Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com

Karachi, June 20, 2013 (PPI-OT): The Board of Directors of ABL Asset Management Company Limited (ABLAMC) has decided to consider and approve distribution out of profits earned by ABL Income Fund (ABL-IF), ABL Stock Fund (ABL-SF), ABL Cash Fund (ABL-CF), ABL Islamic Income Fund (ABL-IIF), ABL Government Securities Fund (ABL-GSF), ABL AMC Capital Protected Fund (ABL AMC-CPE) and ABL Islamic Stock Fund (ABL-ISF) for the year/ period ending June 30, 2013.

In this regard, the Board of Directors will on Friday June 28, 2013 consider and approve, if deemed fit, distribution out of profits earned by ABL-IF, ABL-SF, ABL-CF, ABL-IIF, ABL-GSF, ABL AMC-CPF and ABL-ISF for the year/ period ending June 30, 2013. Further the Register of Unit Holders of ABL-IF, ABL-SF, ABL-CF, ABL-IIF, ABL AMC-CPF and ABL-ISF will remain closed on June 27, 2013.

Duly completed applications for investment, redemption, transfer, conversion and pledge of units or any change in address or particulars received by the Registrar-ABL AMCL at First Floor 11-B, Lalazar, M.T. Khan Road, Karachi or at any of our distributors offices up to the close of business on Wednesday June 26, 2013, will be entitled for any declared payouts.

Transactions in units will resume from Friday June 28, 2013.

For more information, contact:
Saqib Matin
CFO/ Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com

Karachi, May 23, 2013 (PPI-OT): The Board of Directors of ABL Asset Management Company Limited (ABLAMC) has authorized the Chief Executive Officer (CEO) to consider and approve on their behalf the interim distribution out of profit earned by ABL Cash Fund (ABL-CF) and ABL Government Securities Fund (ABL-GSF).

In this regard, the CEO will on Thursday May 30, 2013 consider and approve, if deemed fit, the interim distribution out of profits earned by ABL-CE and ABL-GSF for the month ending May 31, 2013.

Application for Investment/Redemption/Transfer/Conversion/Pledge of units or any change in address or particulars received by the Registrar-ABL AMCL at 11-B, Lalazar, M.T. Khan Road, Karachi or at any of our distributors offices by the close of business day on Wednesday May 29, 2013, will be treated in fine for the purpose of entitlement to the unit holders for any distribution. The issue and redemption of units will not be interrupted by this announcement.

This is in accordance with the Offering Document of ABL CF and ABL CSF and applicable provisions of the Non-Banking Finance Companies and Notified Entities Regulations, 2008.

For more information, contact:
Saqib Matin
CFO/ Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com

Karachi, April 30, 2013 (PPI-OT): We are pleased to inform you that the Chief Executive Officer of ABL Asset Management Company Limited (ABLAMC) on behalf of the Board of Directors, on April 29, 2013, has approved the following interim distribution of ABL-CF for the month ending April 30, 2013:

Interim Distribution

Interim dividend distribution of Re. 0.0839 per unit (0.84% of the par value of Rs. 10) for the month ending April 30, 2013. This is in addition in the aggregate interim distribution of Re. 0.6820 per unit (6.82% on the face value of Rs. 10 per unity already distributed.

The above entitlement will be distributed to the unit holders whose name appeared in the register of unit holders of ABL-CF at the close of business day on Monday April 29, 2013.

Unit Holders who have opted for cash pay-out will receive cash dividend while unit holders who have opted for bonus will be allocated bonus units in accordance with their entitlement for the distribution, announced above.

Right Units
Nil

ABL Government Securities Fund (ABL-GSF) Managed by ABL Asset Management Company Limited, Distribution for the Month Ending April 30, 2013

We are pleased to inform you that the Chief Executive Officer of ABL Asset Management Company Limited (ABL AMCL) on behalf of the Board of Directors, on April 30, 2013, has approved the following interim distribution of ABL-GSF for the month ending April 30, 2013:

Interim Distribution

Interim dividend distribution of Re. 0.0916 per unit (0.92% of the par value of Rs.10) for Class B units, for the period ending April 30, 2013. This is in addition to the aggregate interim distribution of Re. 0.5502 per unit (5.50% on the face value of Rs. 10 per unit) for Class A units and Re . 0.8918 per unit (8.92% on the face value of Rs. 10 per unit) for Class B units already distributed.

The above entitlement will be distributed to the unit holders whose name appeared in the register of unit holders of ABL-GSF at the close of business day on Monday March 29, 2013.

Unit Holders who have opted for cash pay-out will receive cash dividend while unit holders who have opted for bonus will be allocated bonus units in accordance with their entitlement for the distribution announced above.

Right Units
Nil

For more information, contact:
Saqib Matin
CFO and Company Secretary
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com

Karachi, April 17, 2013 (PPI-OT): In compliance of Listing Regulation No.29, of KSE, this is to inform you that the 31st meeting of the Board of Directors of ABL Asset Management Company Limited (ABLAMC), the Management Company of ABL Income Fund (ABL-IF), ABL Stock Fund (ABL-SF), ABL Cash Fund (ABL-CF), ABL Islamic Income Fund (ABL-IIF) and ABL Government Securities Fund (ABL-GSF) will be held at 3:00 p.m. on Thursday, the April 25, 2013 at the Registered office of the Company situated at 11-B, Lalazar, M. T. Khan Road, Karachi to consider among other things the Condensed Interim Financial Statements (un-audited) of the funds under management for the rune months/ period ended March 31, 2013.

In terms of proviso of Clause (xxiii) of the Code of Corporate Governance contained in the Listing Regulations No. 35 of KSE and ISE, the Company has decided to observe a “Closed Period” for ABL-IF, ABLE-SF ABLE-CF, ABL-IIF, ABL-GSF and ABL AMC-CPF from April 18, 2019 to April 25, 2013 restricting the purchase/ sale/ transfer/ conversion /pledge in Units of funds under management (directly or indirectly) by the Directors, Chief Executive Officer and Executives of the Company prior to the announcement of the financial results.

For more information, contact:
ABL Asset Management Company Limited
11-B, Lalazar, M.T. Khan Road,
Karachi- 74500, Pakistan.
Phone: (021) 99207411-13
Fax: (021) 99207407
Web: www.ablamc.com