Karachi, Sindh Modaraba Management Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on August 30, 2016 at Karachi. The agenda of the meeting shall be consideration of annual accounts for the period ended June 30, 2016.
Further, the closed period of the company shall be from August 23, 2016 to August 30, 2016 (both days inclusive).
Sindh Modaraba is a perpetual, multi-dimensional non-trading modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Sindh Modaraba is managed by Sindh Modaraba Management Ltd., a company 100% owned by Government of Sindh.
The registered office of the Sindh Modaraba Management Ltd. is 1st floor, Imperial Court, Dr. Ziauddin Ahmed Road, Karachi. The Modaraba is primarily engaged in the business of Ijarah, Musharakah and Murabahah financing, Investment in marketable securities and other related businesses.
The symbol “SINDM” is being used by the stock exchange for Sindh Modaraba Managment Limited.