Tag: Pakistan Stock Exchange

iTANZ Technologies Limited has approved an investment of Rs4.34 billion to acquire a 51 percent stake in Australia based ITANZ Infinity Pty Ltd over a five year settlement period.

NETSOL Technologies extends its partnership with a tier-one global auto captive with a $50 million deal, continuing use of its Transcend Finance platform across international markets.

Trust Securities & Brokerage Limited announces a 10-for-1 share subdivision and a new subsidiary to operate data centres and data warehouses, enhancing digital infrastructure and investor accessibility.

NETSOL Technologies sells 241,828 treasury shares at Rs. 77.84 per share under its Employees Stock Option Scheme (ESOS), boosting employee ownership and aligning incentives with company growth.

Systems Limited informs PSX of plans to explore the acquisition of an IT services business, subject to finalising commercial terms, due diligence, agreements and regulatory approvals.

First Dawood Properties Ltd. has fully leased its newly constructed building in Karachi’s Defence Phase-VII Extension to two IT firms serving offshore clients, marking a boost for Pakistan’s technology-driven exports.

Systems Limited notifies PSX of its plans to explore a potential acquisition in the IT and IT-enabled services sector, aligned with its digital transformation and regional growth goals.

Chakwal Spinning Mills Limited (CWSM) announces the failure of its merger with Khazana Enterprises (KEPL) and shifts focus to technology and cloud computing ventures. The company remains committed to transforming its business strategy and securing funding for new initiatives.

Chakwal Spinning Mills Limited (CLOUD) has signed a term sheet with PNO Capital Limited for a Rs. 7.784 billion investment to launch data center and cloud operations in Pakistan. This initiative aims to tap into the growing IT sector and contribute to the country’s economic development.