Board meeting of Crescent Modaraba Management Company Limited to be held on April 25, 2016

Karachi, Crescent Modaraba Management Company Limited, manager of First Elite Capital Modaraba, informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 25, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended March 31, 2016.

Further, the closed period of the company shall be from April 18, 2016 to April 25, 2016.

Crescent Modaraba Management Company Limited was incorporated under the Companies Ordinance 1984 on May 30, 1989 vide Registration No. L-01630 as a Public Limited Company. The Company floated First Elite Capital Modaraba in 1991 with an authorized Capital of Rs. 200.00 (M). The Modaraba offered shares worth Rs. 100.00 (M) to public which were oversubscribed. It is a perpetual, multipurpose and multidimensional Modaraba. Presently Modaraba has paid up Capital of Rs. 113.40 (M).

The symbol “FECM” is being used by the stock exchange for the First Elite Capital Modaraba.