⏸️ ASIC: HOLD Signal (5/10) – Certified copy of the Resolution passed at the EOGM dated 27-11-2025

📌 Key Takeaways

• 🏢 EOGM held on November 27, 2025, in Lahore.
• 🤝 Special resolution passed regarding lease agreement.
• 🏢 Leasing the 3rd Floor of Asia House approved.
• 👨‍💼 Lease from Mr. Zain ul Haq Qureshi, the CEO.
• 💼 CEO is considered a related party.
• ✅ Compliance with Section 208 of Companies Act, 2017.
• ✅ Compliance with Related Party Transactions Regulations, 2018.
• ✍️ CEO and Company Secretary authorized for necessary actions.
• 📜 Lease agreement to be executed between the company and Mr. Qureshi.
• ✔️ Shareholders approved and ratified the terms and conditions.
• 📑 Authorization includes signing and submitting relevant documents.
• ✔️ Ensures compliance with regulatory authorities.
• 🏢 Asia Insurance Company Limited is the lessee.
• 📍 Property located at 19-C/D, Block L, Gulberg-III, Lahore.
• 🛡️ Protects company interests via regulatory compliance.

🎯 Investment Thesis

HOLD. The announcement pertains to an internal lease agreement with a related party, which introduces both opportunities and potential risks. Without further details on the financial implications of the lease, a definitive buy or sell recommendation cannot be made. The stock’s performance will depend on how effectively the company manages the related-party transaction and ensures it is beneficial for all stakeholders. A more concrete assessment is needed once the lease terms are disclosed. No specific price target is assigned due to lack of financial details.