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Saudi Pak Leasing Company Limited Board to Hold Meeting on 5th June for Non-Financial Matters, Declares Closed Period

Karachi, In an upcoming development, Saudi Pak Leasing Company Limited has announced that a Board of Directors meeting will take place on June 5th in Karachi. The primary agenda of the meeting is to review and confirm the minutes of the previous Board meetings held on April 19th, 2023, in the same city.

Apart from the financial matters, the Board will also discuss various internal issues of the company that require their careful consideration. These matters pertain to the company’s operations and management but are not directly related to finance.

Additionally, the Board has granted permission for any other items to be discussed during the meeting, subject to the Chair’s approval. This flexibility enables the Board to address any important matters that may arise and require their attention.

In compliance with the regulations, Saudi Pak Leasing Company Limited has declared a “Closed Period” from May 30th, 2023, to June 5th, 2023. During this period, all Directors, the CEO, and Executives of the company are prohibited from engaging in any direct or indirect dealings involving the company’s shares.

This announcement serves to ensure transparency, integrity, and fairness in the market, preventing any potential conflicts of interest or misuse of privileged information. The company emphasizes its commitment to adhering to ethical standards and maintaining a level playing field for all stakeholders.

The outcome of the Board meeting and any decisions made will be communicated to the relevant parties and the public in due course. The company remains dedicated to its mission of delivering value and excellence in the leasing sector while upholding the highest standards of corporate governance.

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