⚡ Flash Summary

Power Holding Limited (PHL) has announced the final book closure for its Pakistan Energy Sukuk-I. The final profit payment and principal redemption, amounting to Rs. 200.00 billion, will be made on December 10, 2025, related to the early redemption of PES-I. The transfer books for the Sukuk Certificate will be closed on December 10, 2025, with transfers needing to be received by December 09, 2025. This closure is for the purpose of profit payment/redemption to the transferees.

📌 Key Takeaways

• 📅 Final book closure date: December 10, 2025.
• 💰 Redemption amount: Rs. 200.00 bln.
• 📜 Sukuk being redeemed: Pakistan Energy Sukuk-I (PES-I).
• 💸 Type of payment: Final Profit Payment & Principal Redemption.
• ⏳ Early redemption: PES-I is undergoing early redemption.
• 🏦 Transfer deadline: December 09, 2025, for transfers to be eligible.
• 🏢 Registrar: M/s THK Associates (Pvt) Limited.
• 📍 Registrar’s Office: Plot No. 32-C, Jami Commercial Street2, D.H.A Phase VII, Karachi-75500.
• ✅ Purpose: For profit payment/redemption to transferees.
• 🤝 Trustee: Meezan Bank Limited (mentioned in copy to).
• 🛡️ Regulatory Body: SECP (mentioned in copy to through the Commissioner, Enforcement & Monitoring Division).

🎯 Investment Thesis

HOLD. Given the lack of detailed financial data in the announcement, it’s difficult to make a strong BUY or SELL recommendation. The redemption of the Sukuk is a significant event, but its overall impact requires further analysis of the company’s financials and strategic plans. A HOLD rating is appropriate until more information becomes available to assess the long-term implications of this redemption on Power Holding Limited’s financial performance and shareholder value. Price Target: To be re-evaluated after assessing the company’s strategic outlook. Time Horizon: Medium-Term (6-12 months) to allow for observation of the impact of the Sukuk redemption and subsequent reinvestment of funds.