April 24, 2007: After the successful offering of its shares to the public on March 21 and 22, 2007 with Rs. 2.5 billion subscription against Rs. 1.3 billion offer, the Board of Directors of JS ABAMCO Limited met here in Karachi to declare the results of nine months ending March 31, 2007 of the management company. The Board of Directors also announced the results of ten funds under management. The Board also noted with pride and satisfaction that a major renowned foreign fund based in the U.S.A has acquired over 13% shareholding in the company. It was for the first time that foreign investors directly participated in an IPO….
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