Karachi, JS Investments Limited informed Pakistan Stock Exchange that the seven members have filed with the company, notices of their intention to contest the election of directors at the Extraordinary General Meeting of the Company to be held on December 28, 2022 at Karachi.
JS Investments Limited was incorporated in Pakistan on February 22, 1995. The company is a subsidiary of JS Bank Limited which is a subsidiary of JSCL (Jahangir Siddiqui & Co. Limited), Ultimate Parent. The company is engaged in asset management and pension fund management.
JS Investments Limited (JSIL) (estd. 1995) is the private sector Asset Management Company in Pakistan. JSIL offers a wide range of investment products including mutual funds, voluntary pension schemes, and Separately Managed Accounts (SMAs) to cater to the needs of individual and institutional investors. The company has played a key role in defining the standards of Asset Management industry in Pakistan.
The total number of shares of the Company is 61,774,256. The Earning per shares are (0.64) in 2020 which was (1.17) in 2019. The Company had a loss of 39,801,000 in 2020 which was 86,645,000 in 2019.