⚡ Flash Summary
K-Electric has announced the book closure for its KE SUKUK-5 to determine entitlement for the 21st profit/rental payment. The transfer books will be closed from October 27, 2025, to November 03, 2025, both days inclusive. Transfer requests received by CDC Share Registrar Services by the close of business on October 24, 2025, will be processed for profit/rental payments. This announcement is relevant for investors holding KE SUKUK-5.
📌 Key Takeaways
- 📅 Book closure announced for KE SUKUK-5.
- 💰 Purpose: Determine entitlement to the 21st profit/rental payment.
- 🗓️ Closure dates: October 27, 2025, to November 03, 2025.
- ⏳ Both closure days are inclusive.
- 🏢 Transfer requests must be received by CDC Share Registrar Services.
- 📍 Location: CDC House, 99-B, Block ‘B’, S.M.C.H.S, Shahra-e-Faisal, Karachi.
- 💼 Deadline for transfer requests: Close of business on October 24, 2025.
- ✅ Timely transfer requests will be processed for profit/rental payments.
- 📜 Announcement pertains to KE SUKUK-5 holders.
- ℹ️ Reference number for the announcement: TR/CM/2025/PSX/906.
🎯 Investment Thesis
A HOLD recommendation is maintained for K-Electric. While the book closure itself does not impact the investment thesis, the efficient management of sukuk distributions is vital for investor relations. Any problems with sukuk distributions may negatively affect investor confidence.
Disclaimer: AI-generated analysis. Not financial advice.