Karachi: JS Investments Limited has scheduled its next Board of Directors meeting for October 22, 2024, set to be held via Zoom and at the company’s headquarters on the 20th floor of The Centre, located on Abdullah Haroon Road in Saddar, Karachi. The agenda for this meeting includes the review and approval of the company’s accounts and the management of various funds for the quarter ending September 30, 2024.
This announcement comes as the company enters a “Closed Period” from October 15 to October 22, during which there will be restrictions on insider trading in accordance with Clause 5.6.1(d) of the PSX Regulations. According to information available from the Pakistan Stock Exchange (PSX), no director, executive, or affiliated trader is permitted to deal in the shares of the company in any manner during this period.
The Closed Period is a standard practice aimed at preventing the misuse of unpublished price-sensitive information. This measure ensures that all stakeholders maintain compliance with regulatory requirements and uphold the integrity of the financial markets.
JS Investments Limited has taken this step to uphold transparency and fairness in the handling of its financial disclosures ahead of the significant decisions to be made regarding its fiscal management and strategic direction.
The company has also instructed that TRE Certificate Holders of the Exchange be informed accordingly to ensure that all market participants are aware of these restrictions and the upcoming board meeting.
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