The Board of Directors of HBL Asset Management Limited, the Management Company of HBL Income Fund, (the fund), in its meeting held on April 16, 2010 announced third interim bonus units for 'A' and 'B' classes of cnits and cash dividend for 'C' class units for the year ending June 30, 2010.
The Board has approved third interim dividend at Rs 1.75 per unit in the form of bonus units for 'A' & 'B' classes of units and cash dividend of Rs 1.75 per unit for class 'C' units for the year ending June 30, 2010. The bonus units will be issued based on the Ex-Dividend NAV as on April 19, 2010.
Unit holders, who have opted to en-cash the bonus Units at the Ex-Dividend Net Asset Value (NAV), will receive cash payout based on Ex-Dividend NAV as on April 19, 2010. Unit holders whose names are included in the register on April 19, 2010 will be entitled to cash dividend/ bonus units. The books of HBL Income Fund will remain closed on 20th & 21st April 2010 and sales/ redemption /transfer/ conversion and pledge of Units will resume from April 22, 2010.-PR
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