Karachi: JS Investments Limited has scheduled a Board of Directors meeting on July 30, 2024, to consider the potential distribution of a final dividend for the JS Momentum Factor Exchange Fund (JSMFETF) for the fiscal year ending June 30, 2024.
According to information available from the Pakistan Stock Exchange (PSX), this meeting does not pertain to the routine financial results but specifically to the dividend distribution of its managed fund, JSMFETF. The company has initiated a "Closed Period" from July 24 to July 30, 2024, in compliance with Clause 5.6.1(d) of the PSX Regulations, which prohibits directors, CEOs, and executives from trading shares during this time.
The outcomes of this board meeting are anticipated to impact shareholders of the JSMFETF, with TRE Certificate Holders of the Exchange being duly informed to ensure transparency and regulatory compliance.