⚡ Flash Summary
IMRAN S/o HAROON has become a substantial shareholder of First Fidelity Leasing Modaraba as of October 31, 2025, acquiring 3,125,943 shares, representing 11.83% of the company’s holdings. This acquisition was reported to the company secretary, Ijaz Fazal. A subsequent correction clarified a typographical error in the initial notice, confirming the acquisition date as October 31, 2025, not October 31, 2024. The shareholder has provided necessary details including CNIC and CDC account information related to this acquisition.
📌 Key Takeaways
- 📢 Imran S/o Haroon became a substantial shareholder on October 31, 2025.
- 💼 The shareholding acquisition represents 11.83% of First Fidelity Leasing Modaraba.
- 🔢 A total of 3,125,943 shares were acquired by Imran.
- 📝 The acquisition was reported to the company secretary, Mr. Ijaz Fazal.
- 📅 A typographical error initially stated the acquisition date as October 31, 2024, which was later corrected.
- ✅ The corrected acquisition date is October 31, 2025.
- 🆔 Imran’s CNIC No. is 4200055094729.
- 🏦 CDC Investor Account No. is 4085-63188.
- 📜 The acquisition is pursuant to Section 101(1) of the Securities Act, 2015.
- ✉️ The initial notification was sent ‘Through Courier Only’.
- 👤 Imran is identified as the Substantial Shareholder.
🎯 Investment Thesis
Given the limited information, a HOLD recommendation is appropriate. The substantial shareholder acquisition does not inherently justify a Buy or Sell decision. Monitoring future announcements and financial performance is necessary to reassess the investment thesis. Further insights into the shareholder’s strategic intentions and their impact on the company’s performance are needed. A price target cannot be determined without detailed financial analysis. The time horizon remains dependent on further developments.
Disclaimer: AI-generated analysis. Not financial advice.