Haseeb Waqas Sugar Mills Limited Announces Closed Period Ahead of Board Meeting

Lahore: The Board of Directors of Haseeb Waqas Sugar Mills Limited is scheduled to convene on July 29, 2024, at the company’s registered office in Lahore to review the Third Quarterly Accounts for the period that ended on June 30, 2024.

In compliance with Clause 5.19.15 (Code of Corporate Governance) of the Rule Book of the Pakistan Stock Exchange (PSX), the company has announced a ‘Closed Period’ starting from July 22, 2024, to July 29, 2024. During this time, no Director, Chief Executive Officer, or Executive is permitted to buy or sell company shares.

According to information available from the Pakistan Stock Exchange (PSX), the ‘Closed Period’ is a standard practice intended to prevent insider trading and to promote transparency while financial results are being finalized.

The announcement also instructed TRE Certificate Holders of the Exchange to be duly informed of the restrictions in place during this period.