Asia Insurance Company Limited’s subscription of right shares by directors

Karachi: With reference to clause 19 of letter No.KSE/C-478-3844 dated June 20, 2011 we wish to inform you that the Directors of the company have fully subscribed their portion of right shares 15 days before the last date of payment/renunciation An Ad published in news paper is attached herewith for your information.

One of the Auditors of our company are on leave for Eid ul Azha, so the auditor’s certificate will be provided to you after Eid vacations as early as possible.

Subscription to the Right Issue by the Directors

This is to inform you that the Directors of Asia Insurance Company Limited have fully subscribed for their portion of the Right Shares of Asia Insurance Company Limited, 15 days in advance of the last date of payment / renunciation, i.e. November 18, 2011 as required by the Karachi and Lahore Stock Exchanges.

For more information, contact:
Karamat Ullah
Company Secretary
Asia Insurance Company Limited
456-K, Model Town,
Lahore. Ph: 042-35916801-3,
Fax: +92-42-35865579,

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