Karachi: This is to inform you that the meeting of Board of Directors of Pak Oman Asset Management Company Limited (POAMCL) will be held on Tuesday, July 5, 2011 at 11:30 a.m. (Oman Time) at the Office of Pak Oman Investment Company Limited, Muscat – Oman; for the declaration of entitlement, if any, of the following funds under its management, for the period ending June 30, 2011:
i) Pak Oman Advantage Islamic Income Fund (POAIIF)
ii) Pak Oman Islamic Asset Allocation Fund (POIAAF)
[Formerly Pak Oman Advantage Islamic Fund]
iii) Pak Oman Advantage Asset Allocation Fund (POAAAF)
[Formerly Pak Oman Advantage Stock Fund]
Further, In compliance with C1ause (xxvi) of the Code of Corporate Governance, a Closed Period for the above mentioned funds has been notified from Friday, July 1,2011 to Tuesday, July 5, 2011(both days inclusive). Accordingly, no Director, CEO or Executive shall, directly/indirectly, deal in the units of above funds in any manner during the Closed Period.
Book Closure Notice – Pak Oman AMC Funds
With reference to the Listing Regulation No. 14(1), it is hereby informed that the Register of Unit Holders of following Funds under the management of Pak Oman Asset Management Company Limited will remain closed from Friday, July01, 2011 to Tuesday, July 05, 2011 (both days inclusive).
i) Pak Oman Advantage Islamic Income Fund (POAIIF)
ii) Pak Oman Islamic Asset Allocation Fund (POIAAF)
[Formerly Pak Oman Advantage Islamic Fund]
iii) Pak Oman Advantage Asset Allocation Fund (POAAAF)
[Formerly Pak Oman Advantage Stock Fund]
During the Book Closure, there will be no transactions (i.e. investment/redemption/transfer/ conversion/trading/pledge etc.) in units of the above Funds. The transaction in units of the Funds will recommended from Wednesday, July 2011.
In this regard, the authorized branches of the distribution for the Funds will receive applications for transactions in units of the Funds up to Thursday, June 30, 2011. The Unit Holders whose names appear in the Register of Unit Holders of the Funds at the close of business on Thursday, June 30, 2011 will be entitled to the distribution by way of dividend/bonus, if any.
For more information, contact:
Najm Ul Hassan
Company Secretary
Pak Oman Asset Management Limited
1st Floor, Tower A,
Finance and Trade Center,
Shahrah-e-Faisal, Karachi,
Tel: +9221 35631020-4
Fax: +9221 35631025