KARACHI, July 10, 2007 The Faysal Asset Management Limited declared bonus issues for three funds managed by it on Monday.
It will issue bonus units to unit holders of Faysal Balanced Growth Fund at the rate of 18 percent of the face value of Rs 100 per unit (Rs 18 per unit). An investor holding 100 units as at June 30, 2007 will get 17.393 units on the ex-bonus price of Rs 103.49 per unit. It also declared a bonus issue for unit holders of its Faysal Income and Growth Fund (FIGF) at the rate of 12.75 percent of the face value of Rs 100 per unit (Rs12.75 per unit). An investor holding 100 units as at June 30, 2007 will get 12.736 units on the ex-bonus price of Rs 100.11 per unit.
The company announced bonus issue for unit holders of its Faysal Savings Growth Fund at the rate of 1.2 percent of the face value of Rs 100 per unit (Rs 1.25 per unit).
An investor holding 100 units as at June 30, 2007 will get 1.2481 units on the ex-bonus price of Rs 100.15 per unit.