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Power Holding Limited Announces Book Closure for Upcoming Profit Payment

Karachi: Power Holding Limited has declared a book closure for the forthcoming profit payment of its Pakistan Energy Sukuk-1, scheduled for August 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the transfer books for the Sukuk Certificate will remain closed from August 23, 2024, to August 29, 2024, inclusive. This closure is to facilitate the 11th profit payment on the Pakistan Energy Sukuk-1. Transfers of these certificates must be received by the company’s registrar, THK Associates Pvt. Limited, located at Plot No. 32-C, Jami Commercial Street, D.H.A Phase VII, Karachi, by the close of business on August 22, 2024, to qualify for the upcoming profit payment to transferees.

This procedural step ensures that all transfers processed and recorded by the deadline are accounted for in the profit distribution. Investors and stakeholders of Power Holding Limited’s Sukuk are advised to comply with the submission timeline to benefit from the profit payment.

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