Karachi, Primus Investment Management Limited informed Pakistan Stock Exchange that the Chief Executive Officer, under the authority granted by the Board of Directors, on June 28, 2016 will consider and approve interim distribution out of the profit earned by the funds. Therefore, the register of the Unit holders of the fund will remain closed on June 28, 2016.
All the applications for transactions in the units of the above mentioned Fund will be received only up to close of business on June 27, 2016.
Unit Holders whose names appear in the Register of Unit Holders of the Fund at the close of business on June 27, 2016 will be entitled for the any distribution.
Primus Investment Management Limited-PIML is a Non-Banking Finance Company, licensed by the Securities and Exchange Commission of Pakistan to manage open and closed end funds, with a paid-up capital of PKR 250 million. Pak Brunei Investment Company Limited (Holding Company), holds 24,999,997 Ordinary shares of Rs.10 each. The remaining shares are held by the directors of the Company.
The company aims to bring a broad spectrum of products including equity, fixed income and alternative investment strategies to investors.
Primus Investment Management Limited-PIML is a wholly owned subsidiary of Pak Brunei Investment Company Limited.
Pak Brunei Investment Company Limited is an Investment Finance Company established as a joint venture between Government of Pakistan and Brunei Investment Agency (BIA). The Company commenced operations in August 2007 after its notification as a Development Finance Institution.