AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Senior management personnel at Shifa International Hospitals Ltd., a healthcare provider listed on the Pakistan Stock Exchange (PSX), has recently participated in the trading of company shares. This transaction was made public in compliance with the regulatory framework governing listed companies in Pakistan.
On September 3, 2024, Shams Ur Rehman Abbasi, a member of the senior management at Shifa International Hospitals Ltd., purchased 1,050 shares of the company. Each share was bought at a price of PKR 123.60. The shares were acquired in the form of Central Depository Company (CDC) certificates and were conducted through the CDC market.
According to information available from the Pakistan Stock Exchange (PSX), the disclosure aligns with the PSX Regulations under clause 5.6.4, which pertains to the disclosure of interest by directors, CEOs, executives, their spouses, and substantial shareholders in the company’s shares.
This transaction highlights the ongoing involvement of top executives in the company’s stock, reflecting their continued investment in the firm’s future. This kind of activity is often viewed positively by investors seeking signs of confidence from a company’s leadership.
Please inform the certificate holders of the exchange accordingly.