Karachi: First National Equities Limited informed Karachi Stock Exchange about the board of directors meeting of the company will be held on September 23, 2015 at Lahore. The agenda of the meeting to consider the annual accounts for the period ended June, 2015 for declaration of any entitlement.
Further: The Company has declared the closed period from September 17, 2015 to September 23, 2015.
“First National Equities Limited is a limited liability company incorporated in Pakistan under the Companies Ordinance, 1984. The company has trading rights entitlement certificate of the Karachi Stock Exchange. The principal activities of the business include shares brokerage, consultancy services and IPO underwriting. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan.
The company deals with the trading of over 625 stocks which are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The brokerage division of the company deals with stocks, Pakistan investment bonds, treasury bills TFCs / corporate bonds, national investment trust units, certificates of investments and letter of placements. The company also manages securities based financing, syndication, privatization, project advisory, mergers and acquisitions and credit rating advisory.
The symbol “FNEL” is being used by the stock exchange for the shares of First National Equities Limited.”