Atlas Asset Management Limited to Hold Meeting for Interim Distribution Approval

Karachi: Atlas Asset Management Limited (AAML) has announced that its Investment Committee (IC) will convene on February 21, 2025, at 8:30 a.m. to deliberate on the possibility of an interim distribution for the Alias Islamic Cash Fund (AICF). This meeting will be conducted under the authority delegated by AAML's Board of Directors, according to a notice issued by the management company on February 20, 2025.

The interim distribution, if approved, will be allocated to Unit Holders whose names appear in the Register of Unit Holders as of the close of business on February 20, 2025. This decision will be made by the IC on behalf of the Board of Directors.

Atlas Asset Management Limited has requested that the TRE Certificate Holders of the Exchange be informed of this potential distribution development. According to information available from the Pakistan Stock Exchange (PSX), the announcement is part of the company's regular financial activities.

The designated market category for this announcement is asset management, focusing on Islamic financial products. The outcome of the meeting will determine the financial benefits to be distributed to the eligible unit holders of the Alias Islamic Cash Fund.