With reference to the above captioned subject, it is to inform that the Securities & Exchange Commission of Pakistan has issued NOC in term of rule 7(2)(c) of the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 for acquisition and simultaneous merger of Crosby Asset Management (Pakistan) Limited with and into KASB Funds limited subject to all regulatory approval and compliances including approval from the shareholders of both Companies.
Crosby Asset Management (Pakistan) Limited, being the management company of AMZ Plus Income Fund, is submitting the above information in accordance with the requirement of the Listing Regulations.
Source: KSE Notice
