Karachi, ABL Asset Management Company Limited informed Pakistan Stock Exchange that the Chief Executive Officer of the Company on behalf of the Board of Directors has approved the distribution.
A dividend of Rs. 0.0018 per unit will be paid to the unit holders whose name appeared in the register of unit holders of ABL-ICF at the close of business day on June 23, 2021.
ABL Asset Management Company Limited (ABL AMC) is a wholly owned subsidiary of Allied Bank Limited (ABL) with a paid up capital of Rs.500 Million. ABL Asset Management Company is licensed to undertake asset management and investment advisory services and aims to set the highest industry standards for integrity and quality of service through professional fund management of Mutual Funds. Allied Bank Limited, the parent concern of ABL AMC, is one of the oldest banks in Pakistan established in 1942 and privatized in 2004.
Since then ABL has come a long way in offering various technology based products and services, including real-time banking to its diversified clientele through its network of more than 800 online branches and 500 plus ATMs across Pakistan.