AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, J.K. Spinning Mills Limited has reported a significant transaction involving one of its directors. Ms. Sadaf Aamir Arshad, a Non-Executive Director of the company, has executed a purchase of company shares.
The transaction took place on July 18, 2023, and saw Ms. Sadaf Aamir Arshad engaging in the acquisition of 9,000 shares of J.K. Spinning Mills Limited. The shares were acquired at a rate of Rs. 39.01 per share.
The shares were purchased through CDC (Central Depository Company), which operates as the central securities depository of Pakistan. The shares were available for trading in the “Ready” market, indicating their immediate availability for trading.
As a Non-Executive Director, Ms. Sadaf Aamir Arshad’s decision to buy company shares underscores a strong belief in the company’s prospects and the potential for growth in the industry.
Such transactions are closely monitored by investors, regulators, and stakeholders, as they provide insights into the confidence and engagement of key individuals in the company’s operations and performance.
The post Non-Executive Director of J.K. Spinning Mills Engages in Share Purchase appeared first on Pakistan Company News.