Demise of Mr. Ahmed Abdul Sattar Chairman of Golden Arrow Selected Stock Fund

Karachi, Golden Arrow Selected Stock Fund informed Pakistan Stock Exchange that Mr. Ahmed Abdul Sattar, Chairman of the company expired on May 02, 2016. The casual vacancy shall be filled by the board within the prescribed time.

Golden Arrow Selected Stock Fund is a company incorporated in Pakistan as a public limited company on May 9, 1983. The foundations of the company are laid under the postulates of the Companies Ordinance, 1984. The company got registered as an investment company on April 29, 2005 under the Non Banking Finance Companies Rules, 2003. The company is a closed-end mutual fund and its principal activity is to make investment in marketable securities. The company is being managed by AKD investment Management Limited and Central Depository Company of Pakistan Limited is the custodian of the company. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the Company is situated at Karachi.

The symbol “GASF” is being used by the stock exchange for the shares of Golden Arrow Selected Stock Fund.