Karachi: Pakistan International Bulk Terminal Limited (PIBT) has scheduled its upcoming board meeting for October 22, 2024, to discuss the financial statements for the quarter ending September 30, 2024. The meeting will be held at the company’s registered office in Karachi.

The board plans to review the company's performance and financial health as indicated by the third-quarter results. In preparation for this meeting, a “Closed Period” has been declared from October 15 to October 22, 2024, during which no director, CEO, or executive will be allowed to trade shares of the company.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of this closed period is in compliance with Clause 5.6.1 of the PSX Rule Book. This regulation is intended to prevent any insider trading or conflicts of interest that could arise from the premature disclosure of financial results.

The company has communicated this announcement to the General Manager of the Pakistan Stock Exchange and the relevant regulatory bodies to ensure full transparency and compliance with market regulations.