Board meeting of Al-Abid Silk Mills Limited to be held on May 25, 2016

Karachi, Al-Abid Silk Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 25, 2016 at Karachi. The agenda of the meeting shall be consideration of minutes of the last meeting of the board of Directors and pass the resolution to authorized Chief Executive of the company to participate in meeting at Dubai.

AI-Abid Silk Mills Limited was incorporated as a private limited company in Pakistan in the year 1968. Later the company was converted into a public limited company on December 24, 1987. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in manufacturing and processing of various kinds of fabrics and export of printed and dyed cloth, bed sets and other textile made-ups. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi. The manufacturing facilities of the Company are located at Karachi.

The symbol “AASM” is being used by the stock exchanges for the shares of AI-Abid Silk Mills Limited.