Notice for Resumption of operations of First Dawood Mutual Fund

Karachi, Dawood Capital Management Limited informed Pakistan Stock Exchange that the notice for Resumption of operations of First Dawood Mutual Fund and removal of suspension of Dealing of units of First Dawood Mutual Fund with effect from August 01, 2016.

First Dawood Mutual Fund is a mutual fund established under the Non-Banking Finance Companies (Establishment and Regulation) Rules 2003 (NBFC Rules). Formation of the Fund as closed end fund was authorized by Securities and Exchange Commission of Pakistan on January 28, 2005. It has been established under Trust Deed, dated December 8, 2004 between Dawood Capital Management Limited as the Management Company, a listed company incorporated under the Companies Ordinance, 1984.
Pakistan and Central Depository Company of Pakistan Limited, as the Trustee, a public limited company incorporated under the Companies Ordinance, 1984 duly approved by SECP. The certificates of the Fund were offered for public subscription from March 21, 2005 to March 22, 2005. The Fund started investing activities from February 25, 2005. The stocks of the funds are listed on Karachi Stock Exchange of Pakistan. The registered office of the company is situated at Karachi.

The symbol “FDMF” is being used by the stock exchange for the shares of First Dawood Mutual Funds.