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East West Insurance Company Limited’s right shares

Karachi: This is to inform you that up to the last date of subscription, i.e., 16th December 2011, the Bank has received subscription amounting to Rs. 25,137,900/- representing 2,513,790 Right Share of East West Insurance Company Limited (EWIC) in this connection please find enclosed herewith Bank confirmation certificate.

We also furnished Auditor certificate thereof confirming receipt of full amount in cash of right issue.

This is to certify that M/s East West Insurance Co. (Right Shares Collection Account) has been maintaining Pak Rupee Current Account 0053659008 with Dubai Islamic Bank, Clifton Branch Karachi since October 19, 2011.

 

 A/C No Value Date Profit on Savings
0053659008 PKR Current Account  Rs. 25,137,900/-

 

This certificate is being issued upon the specific request of the customer and without any risk obligation and responsibility on part of the Bank or any of its offices.

Auditors’ Certificate on Receipt of Subscription against Right Issue of Shares

We hereby certify that East West Insurance Company Limited (the Company) has received full amount of Rs. 25,137,900 in cash as subscription against right issue of shares. The issue of right shares (10% at par) was approved by the Board of Directors of the Company in their meeting held on September 20, 2011.

This certificate is being issued on the specific request of the management for submission with the Karachi Stock Exchange.

For more information, contact:
Anjum Asim Shahid Rahman
Chartered Accountants
East West Insurance Company Limited
410 – 414. EFU House,
M. A. Jinnah Road, Karachi-2
PABX: +92 (021)32313304-11
Fax: +92 (021) 32310851, 32311904
E-mail: info@eastewstinsurance.com.pk
Web: www.eastewstinsurance.com.pk

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