Karachi: Samba Bank Limited announced the dates of Book Closure from August 26, 2024, to August 31, 2024, for the 7th profit payment of their Term Finance Certificate (TFC) identified as [SBLTFC]. In view of this, trading of the said TFC will be temporarily halted.

The suspension of trading in the TFC will occur from August 23, 2024, to August 31, 2024. This suspension is in preparation for the upcoming book closure period announced by the bank, which is crucial for the profit payment process. Trading is scheduled to resume on September 2, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this procedural halt is necessary to ensure that all financial adjustments related to the profit payment are accurately reflected and all stakeholders are appropriately accounted for during the closure period.

All concerned parties are advised to note these changes to avoid any inconveniences during the suspension period. The temporary halt aims to facilitate the smooth processing of transactions and updates required during the book closure.