Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

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                               FOR THE YEAR                PROFIT/(LOSS)    ANNUAL        CLOSURE OF

                                ENDED/HALF/   DIVIDEND/        AFTER        GENERAL            SHARE

                               YEAR ENDED      BONUS/         TAXATION      MEETING         TRANSFER

COMPANY                      QUARTER ENDED     RIGHT      (Rs in million)     ON               BOOKS

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United Money Market Fund      06.30.2006      10% (B)x          321.379xxx    -                    -

United Growth & Income Fund   06.30.2006       9.25% (B)xx      112.974xxx    -                    -

Meezan Islamic Fund           06.30.2006       35% (B)*         -             -                    -

AMZ Plus Income Fund          06.30.2006       12% (B)**        -             -                    -

Syed Match Company Ltd +++    03.31.2006        -             (0.615)         -                    -

Jahangir Siddiqui Investment      -             -               -         07.31.2006   23.07.2006 to

 Bank Limited                                                             (EOGM)***       29.07.2007

Chenab Limited                    -             -               -         07.31.2006   22.07.2006 to

                                                                         (EOGM)****       31.07.2006

Allied Bank Limited               -             -               -         08.17.2006   11.08.2006 to

                                                                         (EOGM)++         17.08.2006

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INDICATIONS:
-- Bonus units in the proportion of 10 units for every 100 units held ie 10.00%.
-- Bonus units in the proportion of 9.25 units for every 100 units held ie 9.25%.
-- Net income for the year June 30, 2006.
-- Net Income per unit
-- Issue of Bonus units @35% of the par value of Rs 50/- per unit (ie Rs 17.50 per unit). An investor holding 100 units as on June 30, 2006 will receive 29.8532 units at the Ex-Bonus price of Rs 58.62 per unit of Meezan Islamic Fund.
-- Bonus of Rs 4.1438 per unit (12.00% per annum on the face value of Rs 100). An investor holding 100 units of AMZ Plus Income Fund as of June 30, 2006 will get 4.1438 units on the ex-bonus price of Rs 100.4356 per unit.
-- EOGM to be held for the purpose to approve the draft Scheme of Amalgamation of Jahangir Siddiqui Investment Bank Limited with and into JS Bank Limited.
-- For details please refer our notice No KSE/N-4304 dated July 10, 2006.
-- EOGM to be held for the purpose of Election of Directors, increase Authorized Capital of the Bank from Rupees 5 Billion to Rupees 10 Billion and Issue Tier II Eligible Term Finance Certificates upto Rs 2,500 (m).
Source: Quarterly Accounts Report 31.03.2006.
Copyright Business Recorder, 2006