KARACHI - The Board of Directors of HBL Asset Management Limited, the Management Company of HBL Income Fund and HBL Money Market Fund, in its meeting held on February 11, 2011 announced second interim dividend in the form of bonus Units for 'A and 'B Classes of Units and Cash dividend for 'C Class Units for the year ending June 30, 2011, says a press release. The Board has approved second interim dividend at Rs 3.0 per Unit in the form of Bonus Units for 'A & 'B Classes of Units and Cash dividend of Rs 3.0 per Unit for Class 'C Units for the year ending June 30, 2011. This is in addition to the first interim dividend/bonus declared at Rs2.25 per Unit in October 2010. The Board has approved second interim dividend at Rs 2.90 per Unit in the form of Bonus Units for 'A & 'B Classes of Units and Cash dividend of Rs 2.90 per unit for Class 'C Units for the year ending June 30, 2011. This is in addition to the first interim dividend/bonus declared at Rs2.25 per Unit in October 2010. The bonus Units will be issued based on the Ex-Dividend NAV as on February 16, 2011. 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 February 16, 2011. Unit holders whose names are included in the register on February 16, 2011 will be entitled to Cash Dividend / Bonus Units. The books of HBL Income Fund and HBL Money Market Fund will remain closed on 17th & 18th February 2011 and sales/ redemption / transfer/ conversion and pledge of Units will resume from February 19, 2011.