Karachi: An emergent meeting of the Board of Directors of Arif Habib Dolmen REIT Management Limited, the management company overseeing Dolmen City REIT, is slated for 15 July 2024 in Karachi. The purpose of the meeting is to deliberate on the distribution of the final dividend for the fiscal year ending 30 June 2024.

The meeting aims to address the final dividend distributions for Dolmen City REIT, potentially impacting shareholders pending board approval. According to information available from the Pakistan Stock Exchange (PSX), this meeting marks a critical financial juncture for the company.

In accordance with the regulatory framework, specifically clause 5.6.4 of the Rule Book of Pakistan Stock Exchange Limited, a closed period has been declared from 13 July 2024 to 15 July 2024. During this time, all trading of shares by the board members, major shareholders, and company insiders is prohibited until the dividend announcement is made.

The outcomes of this meeting are expected to be closely monitored by market watchers and investors, given the implications for future dividend policies and shareholder returns.

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