Board of directors meeting of Faisal Spinning Mills Limited

Karachi, Faisal Spinning Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 27, 2016 at Karachi. The agenda of the meeting is to consider the Annual Accounts for the period ended June 30, 2016 for declaration of any entitlement.

Further, the Company has declared the closed period from September 20, 2016 to September 27, 2016

Faisal Spinning Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of yarn and fabric. The Company’s segments are Spinning, Weaving and Power Generation. The Company’s production facilities are located at Nooriabad District, Dadu in the province of Sindh and Feroz Watwan, District Sheikhpura in the Province of Punjab. The Company offers textile products to local and international markets. The Company is a part of the textile group of Umer Group.

The symbol “FASM” is being used by the stock exchanges for the shares of Faisal Spinning Mills Limited.