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Karachi, JS Bank Limited has notified the Pakistan Stock Exchange of the upcoming third profit payment for its Term Finance Certificates (TFC-V) due on May 30, 2024. The associated transfer books will be closed from May 17, 2024, to May 30, 2024, to determine entitlements. TFC holders should immediately inform the bank’s registrar, M/s. CDC Share Registrar Services Limited, of any changes in their address or income tax exemption status.
The announcement was published in the “EXPRESS TRIBUNE” and “DAILY EXPRESS” newspapers across Karachi Lahore and Islamabad editions on May 03, 2024. This closure is part of the scheduled redemption activities for the TFCs, initially issued on August 30, 2023, with a total value of PKR 3,500 million.