SSGC

⚡ Flash Summary

SSGC announced: Transmission of Annual Report for the Year Ended 30 June 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• SSGC made announcement: Transmission of Annual Report for the Year Ended 30 June 2025
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for SSGC. Manual verification required.

⚡ Flash Summary

Sui Southern Gas Company Limited (SSGC) has announced its 71st Annual General Meeting (AGM) to be held on November 27, 2025. Shareholders will review the audited financial statements for the year ended June 30, 2025, and consider a final cash dividend of Re 0.5 per share (5%). The meeting will also cover the appointment of auditors for the year ending June 30, 2026, and other ordinary business. The AGM will be accessible both physically in Karachi and via audio/video link.

📌 Key Takeaways

• 📅 The 71st AGM will be held on November 27, 2025, at 11:00 a.m.
• 📍 The meeting will take place at Jade Hall, Arena, Habib Rehmatullah Road, Karsaz, Karachi.
• 💻 Shareholders can participate via audio/video link.
• ✅ The agenda includes reviewing the minutes of the 70th AGM held on June 16, 2025.
• 🧾 The meeting will address the adoption of annual audited financial statements for the year ended June 30, 2025.
• 💰 A final cash dividend of Re 0.5 per share (5%) will be considered for approval.
• 🗓️ Dividend eligibility will be determined based on shareholding as of close of business on November 19, 2025.
• 👨‍💼 Auditors for the year ending June 30, 2026, will be appointed, with BDO Ebrahim & Co. recommended.
• 🔗 The company has made its Annual Report 2025 available on the company’s website.
• ✉️ Members are requested to provide a copy of valid CNIC / NTN Certificate to their respective Participant / CDC Investor Account Services.
• 🗳️ Members can avail video conference facility based on company’s approvals.
• 🚫 No gifts, cash, coupons, or vouchers will be distributed at the AGM, as per SECP directives.
• 🚧 The share transfer books will be closed from November 20, 2025, to November 27, 2025.
• 🏦 Dividends will be paid through electronic mode only.
• 🏢 Shareholders are encouraged to convert physical shares to book-entry form.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation is appropriate for SSGC. The dividend announcement is a positive sign, but a more comprehensive analysis of the company’s financial statements and future prospects is needed before making a BUY or SELL decision. A price target and time horizon will depend on further financial analysis and market conditions.

⚡ Flash Summary

Sui Southern Gas Company Limited (SSGC) has announced its 71st Annual General Meeting (AGM) scheduled for Thursday, November 27, 2025. The meeting will take place in Karachi and also be accessible via audio/video link. Shareholders will consider the approval of the annual audited financial statements for the year ended June 30, 2025, and the payment of a final cash dividend. The Board of Directors recommends a dividend of Re 0.5 per share (5%).

📌 Key Takeaways

• 🗓️ The 71st Annual General Meeting (AGM) is scheduled for November 27, 2025, at 11:00 a.m. in Karachi.
• 🏢 The AGM venue is Jade Hall, Arena, Habib Rehmatullah Road, Karsaz, Karachi.
• 💻 Shareholders can participate through audio/video link.
• ✅ The meeting will review the minutes of the 70th AGM held on June 16, 2025.
• 📜 The annual audited financial statements for the year ended June 30, 2025, will be considered and adopted.
• 💰 A final cash dividend of Re 0.5 per share (5%) has been recommended for approval.
• ✔️ The dividend is payable to shareholders appearing in the register on November 19, 2025.
• 👨‍💼 M/s. BDO Ebrahim & Co. are recommended for re-appointment as auditors.
• 🚫 No gifts, cash, coupons, or vouchers will be distributed at the AGM.
• 🔒 Share transfer books will be closed from November 20, 2025 to November 27, 2025.
• 🆔 Shareholders must present their original CNIC or passport for identity verification.
• ✉️ Annual reports have been electronically transmitted via QR code and email.
• 🔗 The annual report is available on the company’s website: www.ssgc.com.pk.
• 🏦 Dividends will be paid through electronic mode directly into bank accounts.

🎯 Investment Thesis

A HOLD recommendation is appropriate as the company is distributing dividends. More data is required to determine a buy or sell. The current announcement provides limited quantitative information to make a strong buy or sell recommendation. I would need to examine the financial statements, industry trends, and regulatory landscape to update my recommendation.

⚡ Flash Summary

Sui Southern Gas Company (SSGC) has applied for and received an extension from the Securities and Exchange Commission of Pakistan (SECP) to hold its Annual General Meeting (AGM) for the financial year ended June 30, 2025. The extension, granted under Sections 132 and 223 of the Companies Act, 2017, allows SSGC to hold the AGM up to November 27, 2025. This extension provides the company additional time to finalize and present its audited financial statements to shareholders. The SECP’s approval is subject to the company’s compliance with all requirements of the Companies Act.

📌 Key Takeaways

• 📅 SSGC received an extension for holding its AGM for the year ended June 30, 2025.
• 📜 The extension is granted under Sections 132 & 223 of the Companies Act, 2017.
• ⏰ The new deadline to hold the AGM is November 27, 2025.
• 🏢 The application for extension was submitted on September 30, 2025.
• ✅ SECP approved the extension on October 17, 2025.
• 📄 The extension allows laying of financial statements for shareholder consideration.
• 🚦 The SECP approval is without prejudice to any action for non-compliance.
• 📍 The Company Secretary of SSGC is located at SSGC House, Karachi.
• ✉️ The SECP’s letter is reference number SMD/PRDD/Comp/(14)/2021/79.
• 🏢 The SECP is located in Islamabad.
• 📞 SSGC can be reached at 99021000.
• 🌐 SSGC’s website is www.ssgc.com.pk.
• 👤 Fawad Ahmed Khan is the Company Secretary of SSGC.
• 👤 Oneeb Ahmed is the Assistant Director at SECP who signed the approval.

🎯 Investment Thesis

HOLD. This announcement is purely administrative, granting an extension for the AGM. Without any accompanying financial data, it’s not possible to make an informed investment decision. The extension itself doesn’t fundamentally alter the investment prospects of SSGC. Further analysis of SSGC’s financial performance and strategic direction is needed before considering a change in investment stance. Price target and time horizon cannot be determined based on this information alone.