AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: JS Investments Limited has declared no interim cash distribution for its JS Islamic Fund for the financial period from July 1, 2023, to June 27, 2024. The decision was made by the Chief Executive Officer, with the delegated authority of the Board of Directors.
This financial update specifies that there will be no cash distribution per unit for the JS Islamic Fund. The entitlements were determined based on the positions in the register of unit holders as of June 27, 2024.
According to information available from the Pakistan Stock Exchange (PSX), the announcement follows a year-long performance period and affects all shareholders registered by the closing date.
The decision reflects the financial strategies and outcomes determined by the management of JS Investments Limited during the specified period. Shareholders were notified of their entitlements through official communication.