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⏸️ JVDC: HOLD Signal (5/10) - Credit of Final Cash Dividend on Preference Shares REVOKED - FoxLogica

⚡ Flash Summary

Javedan Corporation Limited has announced the credit of a final cash dividend of 12% per preference share, accrued up to June 30, 2025, to shareholders who provided valid IBANs. The dividend was electronically credited on October 27, 2025. Dividend payments for shareholders without valid IBANs have been withheld, complying with the Companies Act, 2017 and related regulations. The company has requested shareholders to update or rectify their IBAN details to ensure timely dividend receipt, providing a link to more information on their website.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Final cash dividend of 12% per preference share announced.
  • 📅 Dividend accrued up to June 30, 2025.
  • 🏦 Credited electronically on October 27, 2025, to shareholders with valid IBANs.
  • 🚫 Dividend withheld for shareholders without valid IBANs, in compliance with regulatory requirements.
  • 📜 Compliance with Section 242 of the Companies Act, 2017, and related regulations.
  • 📰 Notices to be published in Pakistan Observer and Roznama Dunya on October 28, 2025.
  • 🔗 Shareholders requested to update or rectify IBAN details via CDC Share Registrar Services Limited.
  • 🏢 Share registrar located at CDC House, Karachi.
  • 🌐 More information available on the company’s website.
  • ℹ️ Link provided: https://jcl.com.pk/investors-information/#Electronic-dividend
  • 🏦 Shareholders can contact Company’s Share Registrar at the below mentioned address during business hours or Participant/Investor Account services of Central Depository Company of Pakistan Limited or their Stock Broker
  • 📝 Provide a legible copy of their respective valid CNIC along with complete bank account details including 24 digit IBAN

🎯 Investment Thesis

HOLD. The announcement of dividend payments is a positive sign but insufficient to warrant a change in investment strategy. Continue monitoring the company’s performance and regulatory compliance.

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Disclaimer: AI-generated analysis. Not financial advice.

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