Karachi, Awwal Modaraba Management Limited informed Pakistan Stock Exchange that the Corporate Briefing Session of the Company in respect of financial year ended June 30, 2020 with the comparative figures of quarterly accounts already disseminated through PUCARS will be held on July 02, 2021, to brief the investors/analysts/ certificate holders about the financial performance and future outlook of Awwal Modaraba. Interested participants are required to email their credentials including their full name, designation, their institution details and Folio No. (If any) with the subject matter “Registration for AWWAL Modaraba CBS” at misbah.asjad@pakbrunei.com.pk or shahid.owais@pakbrunei.com.pk by 5 pm on July 01, 2021. Upon authentication, the video link and login credentials will be shared.
Awwal Modaraba Management Limited (AMML) is licensed by the Registrar of Modarabas, Securities and Exchange Commission of Pakistan to float and manage multipurpose Modaraba Funds. The Company was incorporated on June 5, 2014 with an authorized and paid-up capital of PKR 300 million and PKR 105 million, respectively, as a wholly owned subsidiary of Pak Brunei Investment Company Limited (“Pak Brunei”).
The establishment of a Modaraba Management Company (MMC) is expected to translate into significant financial benefits for its shareholders and investors in the Modaraba funds.
The symbol “AWWAL” is being used by the stock exchange for the Awwal Modaraba Management Limited.