⚡ Flash Summary
First Habib Modaraba has announced a board meeting scheduled for October 28, 2025, to review the unaudited financial statements for the quarter ended September 30, 2025. The primary agenda of the meeting is to consider the declaration of any entitlement. In compliance with PSX regulations, the company has declared a closed period from October 21 to October 28, 2025, during which directors, the CEO, and executives are prohibited from trading in the company’s shares. This announcement ensures transparency and adherence to regulatory requirements.
📌 Key Takeaways
- 📅 Board meeting scheduled for October 28, 2025.
- 🏢 Meeting location: 6th Floor, HBZ Plaza, Karachi.
- 📑 Agenda: Review of unaudited financial statements for the quarter ended September 30, 2025.
- 💰 Consideration of entitlement declaration.
- 🚫 Closed period declared: October 21 to October 28, 2025.
- 🔒 Trading restriction for Directors, CEO, and Executives during the closed period.
- 📜 Compliance with Clause 5.6.4 of PSX Regulations.
- 📢 Notification to TRE Certificate Holders of the Exchange.
- ✉️ Announcement by Ayesha Rasheed, Company Secretary.
- 🏦 HMMM is a subsidiary of Habib Metropolitan Bank.
- 🌐 Website: www.habibmodaraba.com.
- 📞 UAN: 111-346-346 TEL: 32635949-51
🎯 Investment Thesis
Given the lack of financial information in the announcement, a HOLD recommendation is appropriate. Further analysis is needed based on the upcoming financial statements before making a BUY or SELL decision.
Disclaimer: AI-generated analysis. Not financial advice.