Postponement of Board Meeting of Habib Asset Management Limited

Karachi: Habib Asset Management Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the company was scheduled on September 08, 2016 and the period from September 01, 2016 to September 08, 2016 was declared as closed period.

Further, the Board Meeting has been postponed. The meeting will be held on September 10, 2016, consequent to the postponed of the Board meeting the closed period is extended and will remain in force till revised date of the Board mMeeting.

Habib Asset Management Limited, an associated company of Bank AL Habib Limited was incorporated on September 30, 2005 as a Public Limited Company. The main objective of the company is to float open-end mutual funds for different class of investors. Habib Asset Management is presently managing First Habib Income Fund (FHIF), First Habib Stock Fund (FHSF), First Habib Cash Fund (FHCF) and First Habib Islamic Balanced Fund (FHIBF).