⚡ Flash Summary

Ghani Global Holdings Limited (GGL) announced its decision to establish a wholly-owned subsidiary that will operate as a Real Estate Investment Trust (REIT) Management Company. The subsidiary will have an initial paid-up capital of Rs. 50 million, subject to approval from the Securities and Exchange Commission of Pakistan (SECP). This move signifies GGL’s diversification into the real estate sector, potentially unlocking new revenue streams and growth opportunities. The establishment of a REIT management company could enhance GGL’s market presence and attract investors looking for exposure to real estate assets.

📌 Key Takeaways

• ✅ GGL plans to establish a wholly-owned subsidiary for REIT management.
• 🏢 The new subsidiary will focus on Real Estate Investment Trust (REIT) operations.
• 💰 Initial paid-up capital of the REIT Management Company will be Rs. 50 million.
• 🚦 The establishment is subject to SECP approval.
• 📈 Diversification into real estate could unlock new revenue streams.
• 🤝 REIT operations can attract investors seeking real estate exposure.
• 🗓️ Decision made at the Board of Directors’ meeting on October 6, 2025.
• 🇵🇰 Regulatory compliance involves the Securities and Exchange Commission of Pakistan (SECP).
• 💼 GGL aims to expand its market presence through this venture.
• 🚀 The move could potentially enhance GGL’s growth opportunities.

🎯 Investment Thesis

BUY. The decision to establish a REIT Management Company indicates a strategic move by GGL to diversify its operations and tap into the growing real estate sector in Pakistan. This move could unlock new revenue streams and enhance the company’s growth prospects. The initial investment of Rs. 50 million is relatively small compared to GGL’s overall financial position, indicating a manageable level of risk. Price target: Rs. 35, Time horizon: Medium Term.