Deprecated: Function WP_Dependencies->add_data() was called with an argument that is deprecated since version 6.9.0! IE conditional comments are ignored by all supported browsers. in /home/foxlogica/public_html/psx/wp-includes/functions.php on line 6131
⏸️ FTMM: HOLD Signal (5/10) - Appointment of Director - FoxLogica

⚡ Flash Summary

First Treet Manufacturing Modaraba announced the appointment of Mr. Abdul Fadil Hameed as a Director, effective October 23, 2025. This appointment fills the vacancy created by the resignation of Mr. Munir Karim Bana on October 22, 2025. The appointment is subject to the approval of the Registrar Modaraba. The announcement was made by Zunaira Dar, Chief Legal Officer and Company Secretary.

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

📌 Key Takeaways

  • 📅 Mr. Abdul Fadil Hameed appointed as Director effective October 23, 2025.
  • 🚪 Appointment fills vacancy from Mr. Munir Karim Bana’s resignation on October 22, 2025.
  • ✅ Appointment subject to Registrar Modaraba approval.
  • 🏢 Announcement made by First Treet Manufacturing Modaraba.
  • 👤 Zunaira Dar, Chief Legal Officer, signed the announcement.
  • 💼 Managed by Treet Holdings Limited.
  • 🇵🇰 Company is based in Lahore, Pakistan.
  • 📍 Head office located at 72-B, Industrial Area Kot Lakhpat.
  • 🌐 Company website is www.ftmm.com.
  • 📄 Announcement submitted to Pakistan Stock Exchange Limited.
  • 🗓️ Announcement date is October 23, 2025.

🎯 Investment Thesis

HOLD. The appointment of a new director is a routine corporate event. Without further information on the director’s background, experience, and strategic impact, it’s difficult to assess the potential financial implications. A neutral stance is appropriate until further data becomes available.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Leave a Comment