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Arif Habib Group achieved a distinction when two of its group concerns featured on the prestigious top 25 list of Karachi Stock Exchange. Pakistan Premium Fund Limited, a closed-end fund managed by Arif Habib Investments is the first private sector closed-end fund to qualify for the top 25 companies' award.
The management rights of the fund were acquired by Arif Habib Investments a few years ago. Ever since the fund has been amongst the best performing closed-end funds of the country.
Interestingly, Arif Habib Securities, the holding company of Arif Habib Group, is also one of the Companies to have made it to the prestigious list. Arif Habib Securities has achieved the unique distinction of being in the prestigious list for all five consecutive years since its listing back in 2001.
There has never been a year since its listing that Arif Habib Securities has not qualified for the top 25 companies award.
The top 25 companies are selected on the basis of a stringent criteria laid down by the Board of Karachi Stock Exchange.-PR

Copyright Business Recorder, 2006

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