⚡ Flash Summary
Power Holding Limited (PHL) has announced the book closure for its Pakistan Energy Sukuk-II, pertaining to the 11th profit payment. The transfer books for the Sukuk Certificate will be closed from November 14, 2025, to November 20, 2025, inclusively. Transfers received by the Company’s Registrar, M/s CDC Share Registrar Services Limited, by the close of business on November 13, 2025 (Thursday), will be considered in time for profit payment/redemption.
📌 Key Takeaways
- 📅 Book closure announced for Power Holding Limited’s Pakistan Energy Sukuk-II.
- 💰 This relates to the 11th profit payment.
- 🗓️ Transfer books will be closed from November 14, 2025, to November 20, 2025.
- 🏢 Transfers must be received by CDC Share Registrar Services Limited by November 13, 2025.
- 📜 Sukuk Certificate transfers are affected by this closure.
- 🏦 Trustee is Meezan Bank Limited.
- 🏛️ SECP is involved through the Commissioner, Enforcement & Monitoring Division.
- 📦 Central Depository Company of Pakistan Limited (Head of Operations) is noted.
- 🏢 Company’s Share Registrar is M/s CDC Share Registrar Services Limited.
- ✉️ Contact email is powerholding2009@yahoo.com.
🎯 Investment Thesis
Given the limited information provided in the announcement, a HOLD recommendation is appropriate. The announcement is purely operational and doesn’t provide grounds for upgrading or downgrading the investment recommendation. Further analysis of the company’s financial statements and market conditions would be required to revise this assessment. No specific price target can be calculated.
Disclaimer: AI-generated analysis. Not financial advice.