Board of directors meeting of First UDL Modaraba

Karachi, First UDL Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 23, 2016 at Karachi. The agenda of the meeting is to consider the Annual Accounts for the period ended June 30, 2016 for declaration of any entitlement.

Further, the Company has declared the closed period from September 17, 2016 to September 23, 2016

First UDL Modaraba was formed in 1991 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under. It is managed by UDL Modaraba Management Private Limited, a company incorporated in Pakistan. It is a perpetual, multipurpose and multidimensional Modaraba and is engaged in providing finance on Murabaha and Musharaka arrangements, Ijarah, commodity trading and trading in listed and non-interest bearing securities. The
Modaraba is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi.

The symbol “FUDLM” is being used by the stock exchange for the shares of First UDL Modaraba.