First capital mutual fund participates in Lahore stock exchange’s corporate briefing program

Lahore, December 18, 2014 (PPI-OT): A corporate briefing program was arranged at Lahore Stock Exchange (“LSE”) by First Capital Investments Limited, an Asset Management Company (“FCIL”), on its fund under management i.e. First Capital Mutual Fund (“FCMF”).

FCMF is an equity fund which was converted from a closed end structure into open end structure with effect from 30 July 2013. The briefing was attended by large number of participants, including Directors/TREC Holders of LSE/Media and market participants. The briefing was given by Mr. Shahzad Jawahar, Chief Executive officer of First Capital Investment Limited. Mr. Shehryar Ali Taseer, representative of the sponsors of FCIL was also present at the event.

Mr. Asif Baig Mirza Director LSE stated that the start of the CBP is yet another fulfillment of the corporate social responsibility agenda of the Exchange. He said that CBP has been started to create more awareness about the companies in the general investors and to also enable the companies to fulfill their investor relations obligations.

He urged all listed corporations to make use of the CBP opportunity to create a strong bond with their investors. He said that such regular communication with the investors would help the companies in their capital structure planning as the companies would be able to assess the mood of the investors and plan further capital raising through secondary public offering or the right shares. He stressed that LSE considers it essential for the companies to participate in such programs so that there is no information asymmetry regarding our listed companies.

For more information, contact:
Barkat Ali Anjum
Deputy Manager-Media and Public Relations Department
Lahore Stock Exchange (LSE)
Lahore Stock Exchange Building,
19, Khayaban-e-Aiwan-e-Iqbal, P. O. Box: 1315,
Lahore – 54000, Pakistan
Tel: +92-42-36368000
Fax: +92-42-36368484-85
Email: barkatali@lse.com.pk
Website: www.lse.com.pk

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