⚡ Flash Summary

MCB Investment Management Limited held its 25th Annual General Meeting on October 28, 2025, where key resolutions were passed. These included the confirmation of minutes from the previous AGM, adoption of the annual audited financial statements for the year ended June 30, 2025, and approval of a final cash dividend. The dividend is set at 35% (Rs. 3.5 per ordinary share of Rs. 10 each). Additionally, A.F. Ferguson & Co. Chartered Accountants were appointed as external auditors for the year ending June 30, 2026, with the CEO authorized to negotiate their remuneration.

📌 Key Takeaways

• ✅ Minutes of the last AGM held on October 28, 2024, were confirmed.
• 💰 Audited financial statements for the year ended June 30, 2025, were adopted.
• 💸 A final cash dividend of 35% (Rs. 3.5 per share) was approved for the year ended June 30, 2025.
• 🏢 The dividend is based on a share value of Rs. 10 each.
• 👨‍💼 A.F. Ferguson & Co. appointed as external auditors for the year ending June 30, 2026.
• 🤝 CEO authorized to negotiate the remuneration of the external auditors.
• 🗓️ The 25th Annual General Meeting took place on October 28, 2025.
• 📜 Resolutions were passed in accordance with PSX Rule Book clause 5.6.9(b).
• 🏦 MCB Investment Management Limited is the company in question.
• audit_committee Recommendation: The audit committee recommended A.F Ferguson & CO.

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation is appropriate. The dividend is a positive sign, but further analysis of the financial statements is needed to assess the company’s overall financial health and growth prospects. A BUY or SELL recommendation would require a more thorough understanding of the company’s valuation and risk factors. We await the audited financials before making further recommendation.