Lahore:Waves Corporation Limited (WAVES) has announced that its Board of Directors will convene on August 29, 2024, at the company's registered office in Lahore. The meeting will focus on the approval of the company's quarterly financial statements for the period ended June 30, 2024, covering the first half of the fiscal year. The board will also consider any possible entitlements or corporate actions during this session.
In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has declared a "Closed Period" from August 23 to August 29, 2024. During this period, no Director, CEO, or Executive of Waves Corporation Limited is permitted to engage in any share transactions, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a standard regulatory measure to prevent insider trading during critical periods such as financial reviews and corporate decisions. The company has requested that the certificate holders of the Exchange be informed accordingly.