First National Equities Limited’s certified copy of special resolution

Karachi, July 09, 2013 (PPI-OT): Pursuant to the Listing Regulations of KSE, we are enclosing herewith certified copy of special resolutions passed by the members of the FNEL in BOGM held on June 29, 2013 for your record.

Please acknowledge the receipt of documents.

Certified Copy of Special Resolution Passed by Members of First National Equities Limited in EOGM Held on Saturday, June 29, 2013 at FNE House, 19-C, Sunset Lane, South Park Avenue, Phase II Extension, DHA, Karachi.

To Approve the Equity Investment in Associated Company under Section 208 of the Companies Ordinance, 1984.

“Resolved as and by way of special resolution that the approval of the members of the company be and is hereby accorded in term of Section 208 of the Companies Ordinance, 1984 for investment up to Rs. 100.00 Million by way of equity investment in National Asset Management Company Limited, an associated company, for subscription at par, fully paid up 10 Million ordinary shares of Rs. 10 each of National Asset Management Company Limited as per term and conditions disclosed to the members.”

Further Resolved That, “the Ali Aslam Malik, Chief Executive Officer be and is hereby authorized to do all acts, deeds and things, take any or all necessary actions to complete all legal formalities and file all necessary documents as may be necessary or incidental for the purpose of implementing the aforesaid resolutions.”

For more information, contact:
Usman Amjad Khan
Company Secretary
First National Equities Limited
Fine House: 19-C,
Sunset Lane-6, Phase II, Extension,
D.H.A., Karachi.
PABX: (92-21) 35395901-5
Fax: (92-21) 35395920

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