Board meeting of First UDL Modaraba to be held on April 28, 2016

Karachi, First UDL Modaraba informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 28, 2016 at Karachi. 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 22, 2016 to April 28, 2016.

First UDL Modaraba was formed in 1991 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under. It is managed by UDL Modaraba Management Private Limited, a company incorporated in Pakistan. It is a perpetual, multipurpose and multidimensional Modaraba and is engaged in providing finance on Murabaha and Musharaka arrangements, Ijarah, commodity trading and trading in listed and non-interest bearing securities. The Modaraba is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi.

The symbol “FUDLM” is being used by the stock exchange for the shares of First UDL Modaraba.