Karachi, LSE Capital Limited (formerly known as Assetplex Limited), a Modaraba Management Company of Modaraba Al-Mali, has announced a forthcoming meeting of its Board of Directors. The meeting is scheduled for October 6, 2023, at the company's Registered Office. During this meeting, the Board will conduct a comprehensive review of the Annual Audited Accounts for the fiscal year ending on June 30, 2023. The outcome of this discussion will guide any declarations related to entitlement.
In accordance with the regulations laid out by the PSX (Pakistan Stock Exchange), the Modaraba Al-Mali has also instituted a "Closed Period" from September 27, 2023, through October 6, 2023. This period spans both days inclusively. Throughout this Closed Period, it is imperative to note that Directors, the Chief Executive Officer (CEO), and all Executives within the organization are prohibited from engaging in any form of direct or indirect transactions involving the company's shares.
This Closed Period serves a vital role in upholding market fairness and transparency, safeguarding against potential conflicts of interest during a time when substantial financial discussions and deliberations are underway. LSE Capital Limited remains unwavering in its commitment to adhering to the highest standards of corporate governance and compliance throughout its operations.