⚡ Flash Summary

Sui Southern Gas Company (SSGC) has announced an Extraordinary General Meeting (EOGM) to be held on December 23, 2025, both physically and via audio/video link. The primary agenda is to confirm the minutes of the 71st Annual General Meeting and to elect eleven directors for a three-year term. Shareholders are required to register for participation and can appoint proxies. The notice details procedures for attending the meeting, casting votes, and submitting required documents for director elections.

📌 Key Takeaways

• 🗓️ EOGM scheduled for December 23, 2025, at 11:30 a.m. PST.
• 🏢 Meeting at Jade Hall, Arena, and via audio/video link.
• ✔️ Confirmation of minutes from the 71st AGM on November 27, 2025.
• 🗳️ Election of eleven directors for a 3-year term as per Companies Act, 2017.
• 🔄 Retiring directors eligible for re-election include Dr. Shamshad Akhtar and Mr. Muhammad Raziuddin Monem.
• 🔗 Procedures detailed for audio/video link participation.
• 🔒 Share transfer books closed from December 16 to December 23, 2025.
• 👤 Proxy appointments require submission 48 hours before the meeting.
• 🆔 CDC account holders must follow SECP guidelines for identification.
• 📝 Candidates for director election must submit documents 14 days prior to the meeting.
• 🌐 Required forms available on SSGC’s website.
• ✉️ Minority shareholders’ representation details included.
• 🚫 Prohibition of gifts or incentives to shareholders at the meeting.

🎯 Investment Thesis

Based on the provided announcement, a HOLD recommendation is appropriate. The EOGM is a routine governance event, and there is no immediate catalyst to change the current investment stance. Investors should monitor the composition of the new board and their strategic direction for potential impacts on SSGC’s future performance. The price target and time horizon will depend on subsequent financial disclosures and strategic developments.