MacTer International Schedules Board Meeting to Discuss Annual Accounts

Karachi: MacTer International Limited has announced a board meeting set for September 21, 2024, to review the annual accounts for the period ended June 2024. The meeting will specifically focus on the consideration of any potential entitlements as a result of the financial outcomes.

According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a Closed Period from September 14, 2024, to September 21, 2024, in compliance with clause 5.6.1(d) of PSX Regulations. During this time, no director, CEO, or executive is permitted to deal directly or indirectly with the shares of the company.

The declaration of the Closed Period is a standard practice aimed at preventing insider trading and maintaining market integrity during significant corporate decisions such as the declaration of entitlements following the annual financial results. This forthcoming board meeting is critical as it will determine the financial standing of the company and any resultant actions regarding shareholder entitlements.

Stakeholders, particularly TRE Certificate Holders, have been advised to note the schedule and the restrictions in place during the Closed Period.

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