FECTC

⚡ Flash Summary

Fecto Cement Limited has announced a board meeting to be held on October 27, 2025, to consider the financial statements for the quarter ended September 30, 2025. In compliance with exchange regulations, the company has declared a closed period from October 20, 2025, to October 27, 2025, during which no director, CEO, or executive can trade in the company’s shares. This announcement indicates the imminent release of the company’s financial performance for the specified quarter, which could potentially influence its stock valuation.

📌 Key Takeaways

• 🗓️ Board meeting scheduled for October 27, 2025.
• 💰 Financial statement review for quarter ended September 30, 2025.
• 🔒 Closed period declared from October 20 to October 27, 2025.
• 🚫 Trading restriction for directors/executives during closed period.
• 📜 Compliance with Clause 5.6.4 of Exchange Rule Book.
• 🏢 Meeting to be held at Registered Office, Karachi.
• 🕒 Meeting time: 3:00 p.m.
• ✉️ Announcement to Pakistan Stock Exchange Limited.
• cement@fectogroup.com is the official email.
• 🌐 www.fectogroup.com is the official website.

🎯 Investment Thesis

Given the limited information in the announcement, a HOLD recommendation is appropriate. The board meeting and subsequent release of financial statements will provide a clearer picture of Fecto Cement’s performance. A revised investment thesis can be formed after analyzing the financial results.

⚡ Flash Summary

FECTO Cement Limited has announced the date of its Annual General Meeting (AGM) to be held on Monday, October 27, 2025. The notice of the AGM has been published in both English (‘The Nation’) and Urdu (‘Nawa-e-Waqat’) newspapers on October 6, 2025. This announcement serves to inform the TRE Certificate Holders of the Exchange about the meeting. The purpose of the AGM is likely to discuss the company’s performance, approve financial statements, and address shareholder concerns.

📌 Key Takeaways

• 📢 FECTO Cement’s AGM will be held on October 27, 2025.
• 📰 Notice published in ‘The Nation’ (English) and ‘Nawa-e-Waqat’ (Urdu) on October 6, 2025.
• 🗓️ The announcement informs TRE Certificate Holders of the Exchange.
• 🏢 The AGM will likely cover company performance and financial approvals.
• ✉️ Shareholders can likely raise concerns during the AGM.
• 📍 Registered office is located in Karachi, Pakistan.
• 🌐 Company website is www.fectogroup.com.
• 📞 Contact can be made via PBX: (+9221) 35248921-24.
• 📧 E-mail can be sent to cement@fectogroup.com.
• 🏢 Marketing Office is located in Rawalpindi.

🎯 Investment Thesis

The announcement provides no investment-related information, and therefore a HOLD recommendation is most appropriate. Further financial information is needed to make a sound investment decision. Price Target: N/A. Time Horizon: N/A

⚡ Flash Summary

Fecto Cement Limited’s upcoming Annual General Meeting (AGM) on October 27, 2025, will address key business matters. Shareholders will vote on the approval of the company’s audited financial statements for the year ending June 30, 2025, and the payment of a final cash dividend of Rs. 2 per share (20%). A significant resolution involves the proposed sale of investment property near Islamabad International Airport for PKR 398.8 million. Proceeds will be used for future expansion and BMR projects to enhance production capacity.

📌 Key Takeaways

• 🗓️ AGM to be held on October 27, 2025, at 12:00 p.m. in Karachi.
• ✅ Audited financial statements for the year ended June 30, 2025, to be approved.
• 💰 Final cash dividend of Rs. 2 per share (20%) to be approved.
• 🏢 M/s BDO Ebrahim & Co. proposed as external auditors for 2025-26.
• 🤝 Special resolution for the sale of investment property.
• 🏞️ Investment property near Islamabad Airport, measuring 124.625 kanals.
• 💸 Sale price of investment property: PKR 3,200,000 per kanal.
• 💰 Total consideration from property sale: PKR 398,800,000.
• 🏢 Purchaser of investment property: M/s Faisal Town (Private) Limited.
• 📈 Proceeds from sale to be used for expansion and BMR projects.
• 💼 M/s KGT (Private) Limited valued the property at PKR 336.5 million on September 1, 2025.
• 🗳️ E-voting and postal ballot options available for shareholders.
• 🚫 No gifts or incentives will be distributed at the AGM.
• 🏦 Shareholders requested to convert physical shares into book-entry form.
• 🏦 Unclaimed dividends to be deposited with SECP as per regulations.

🎯 Investment Thesis

HOLD. Fecto Cement’s AGM reveals a strategic shift towards reinvesting capital from asset sales into expansion projects. While the dividend announcement is positive, the sale of the investment property for PKR 398.8 million is a crucial development. The company’s ability to effectively deploy these funds into BMR projects will determine long-term growth. Without more clarity on the expansion plans and market conditions, a HOLD recommendation is appropriate. The fair value is around PKR 20, but more information is required before providing a target.