BR100 Increased By (0.26%)
BR30 Increased By (0.54%)
KSE100 Increased By (0.24%)
KSE30 Increased By (0.14%)
AGHA 7.55 Decreased By ▼ -0.08 (-1.05%)
BECO 5.19 Decreased By ▼ -0.38 (-6.82%)
BML 58.40 Decreased By ▼ -1.34 (-2.24%)
BOP 34.68 Increased By ▲ 0.28 (0.81%)
CNERGY 13.81 Increased By ▲ 0.70 (5.34%)
CSIL 6.44 Increased By ▲ 0.03 (0.47%)
FCCL 57.68 Decreased By ▼ -0.38 (-0.65%)
FFL 16.45 Increased By ▲ 0.22 (1.36%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 7.45 Increased By ▲ 0.02 (0.27%)
KOSM 6.02 Decreased By ▼ -0.01 (-0.17%)
LOTCHEM 27.64 Decreased By ▼ -0.03 (-0.11%)
MLCF 102.48 Decreased By ▼ -0.27 (-0.26%)
NBP 204.56 Decreased By ▼ -0.50 (-0.24%)
NCPL 60.69 Increased By ▲ 1.06 (1.78%)
NPL 69.90 Increased By ▲ 1.34 (1.95%)
OGDC 320.36 Increased By ▲ 1.44 (0.45%)
PACE 11.20 Increased By ▲ 0.15 (1.36%)
PAEL 43.03 Decreased By ▼ -0.07 (-0.16%)
PIBTL 16.61 Decreased By ▼ -0.02 (-0.12%)
PPL 232.00 Increased By ▲ 2.55 (1.11%)
PRL 76.65 Increased By ▲ 5.85 (8.26%)
PTC 71.10 Increased By ▲ 0.10 (0.14%)
SSGC 27.20 Decreased By ▼ -0.21 (-0.77%)
TBL 10.23 Decreased By ▼ -0.08 (-0.78%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.08 Increased By ▲ 0.02 (0.09%)
TPLP 15.58 Decreased By ▼ -0.18 (-1.14%)
TREET 24.65 Decreased By ▼ -0.06 (-0.24%)
TRG 60.15 Decreased By ▼ -0.14 (-0.23%)
Print Print edition: 2011-03-19

POAMCL, MCBFSL sign trust deed

Published Updated

Pak Oman Asset Management Company Limited (POAMCL) and MCB Financial Services Limited (MCBFSL) have signed a trust deed with MCBFSL acting as trustee for POAMCL's two upcoming funds: Pak Oman Cash Fund (POCF) and Pak Oman Government Securities Fund (POGSF).
Hina Ghazanfer, MD and CEO of POAMCL and Khawaja Anwar Hussain Syed - CEO of MCB Financial Services Limited signed the trust deed on behalf of their representative organizations. Agha Ahmed Shah - MD and CEO of Pak Oman Investment Company Limited and M.U.A. Usmani - President & CEO of MCB Bank Limited were also present during the ceremony.
POAMCL was incorporated on July, 28 2006 as a public unlisted company with the principle objective to act as an Investment Manager for mutual funds. The Company is backed by Pak Oman Investments Company Ltd (POICL), Oman National Investment Corporation Holding (ONIC), Bank Muscat and National Logistics Cell (NLC).-PR

Copyright Business Recorder, 2011

Comments

Comments are closed for this article.