First Capital Investments Limited’s suspension of redemption of units of First Capital Mutual Fund Limited (“FCMF”)
Karachi, July 30, 2013 (PPI-OT): This is in pursuance of notice of FCMF dated 19 July 2013 for the announcement of book closures regarding conversion of FCMF into an open end Scheme effective from 30 July 2013.
This is to notify that the redemption of units being issued upon conversion of FCMF, shall be remain suspended for an initial period of 15 working days after effective date of conversion.
The above suspension of units is necessary in view of the fact that FCMF is in conversion process and redemption of units cannot be carried out in a reasonable time.
For more information, contact:
First Capital Investments Limited
Head Office: 2nd and 3rd Floor,
Pace Mall, Fortress Stadium,
Fax: +92-42- 36623121-22,