Karachi, MCB-Arif Habib Savings and Investments Limited has announced that a crucial meeting of the Board of Directors will be convened on July 26, 2023, in Karachi. The purpose of the meeting is to review and consider the Annual Accounts for the period ended June 30, 2023, with a focus on potential entitlements for shareholders.
During the meeting, the Board of Directors will thoroughly assess the financial performance and statements of MCB-Arif Habib Savings and Investments Limited for the mentioned period. The discussion will revolve around determining any entitlements that can be declared for the benefit of the shareholders.
To comply with regulatory requirements and ensure fair and transparent proceedings, the company has declared a "Closed Period" from July 14, 2023, to July 26, 2023. As per Clause 5.6.1(d) of the PSX Regulations, this period prohibits any Director, CEO, or Executive from engaging in any form of share dealing related to MCB-Arif Habib Savings and Investments Limited during the Closed Period.