Karachi, Pakgen Power Limited, a prominent player in the energy sector, has scheduled a crucial meeting of its Board of Directors to review the company’s financial performance for the second quarter of the year.
The Board meeting is slated to take place on August 18, 2023 in Lahore. The primary objective of this gathering is to deliberate upon the Quarterly Accounts for the half-year period ending June 30, 2023. The outcomes of the meeting will hold significant implications for the company’s future strategic directions.
As a responsible corporate entity and in accordance with regulatory requirements, Pakgen Power Limited has declared a “Closed Period”. This period, which commenced on August 9, 2023, will extend until August 18, 2023. During this period, no trading or dealing in the company’s shares will be allowed for various key stakeholders. This directive applies to Directors, Chief Executive Officers, Executives, and other associated personnel of the company.
The decision to implement this Closed Period underscores Pakgen Power Limited’s commitment to transparent and fair trading practices. The company is dedicated to providing an equitable environment for all stakeholders and ensuring the highest standards of corporate governance.
As the energy industry continues to evolve, the forthcoming Board meeting is anticipated to yield insights into Pakgen Power Limited’s operational strategies and financial outlook for the coming months. The company remains steadfast in its commitment to providing accurate and timely financial information to both its investors and the broader market.
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