AKD Investment Management Limited’s Proposed Merger Of Pak Oman Asset Management Company Ltd with and into AKD Investment Management Limited

Karachi, July 31, 2013 (PPI-OT): Further to our letter dated 08 July 2013 regarding proposed merger of Pak Oman Asset Management Company Limited with/ into AKD Investment Management Limited (AKDIML), this is to inform you that the Competition Commission of Pakistan has issued a certificate of “No Objection” to the said merger vide its letter No. 593/CCP/MERGER/2013 dated 30 July 2013 (copy enclosed).

This is submitted in accordance with the requirement of Listing Regulations.

You are requested to inform the members accordingly.

Competition Commission of Pakistan Government of Pakistan

No Objection Certificate

The Competition Commission of Pakistan has examined the scheme of proposed merger of Pak Oman Asset Management Company Limited with and into AKD Investment Management Limited and does not find it substantially lessening competition as prescribed by Section 11 of the Competition Act, 2010 (the ‘Act’).

2. The merger is hereby authorized under section 31(1)(d)(I) of the Act.

Dr. Joseph Milson
Member

For more information, contact:
Muhammad Yaqoob
Company Secretary
AKD Investment Management Limited
216-217, Continental Trade Center,
Block-8, Clifton, Karachi – 74000.
PABX: 92 21 35810461-6
Fax: 92 21 35373217
UAN: 111 253 465
Web: www.akdinvestment.com
E-mail: info@akdinvestment.com

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