Kashf Foundation Announces Trading Suspension for Gender Bond Profit Payment

Karachi: Kashf Foundation has disclosed its upcoming Book Closure dates, which will affect trading of its Gender Bond listed on the Pakistan Stock Exchange (PSX). Trading will be suspended from September 1, 2024, to September 7, 2024, to facilitate the 3rd profit payment to bondholders. Activities will resume on September 8, 2024.

The suspension applies specifically to the Gender Bond, which will undergo its third disbursement of profits to investors. According to information available from the Pakistan Stock Exchange (PSX), the temporary halt is in line with standard procedures to ensure accurate profit distribution.

This Book Closure period is a routine process that allows the foundation to update its records and finalize payments. Investors and traders are advised to adjust their transactions accordingly before the suspension period begins.

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