TRG Pakistan

From Wikipedia, the free encyclopedia
TRG Pakistan
Company typePublic
PSXTRG
IndustryVenture Capital
Founded2002; 22 years ago (2002)
FounderZia Chishti
HeadquartersKarachi, Pakistan
Key people
Mohammed Khaishgi (chairman)
Hasnain Aslam (CEO)
Total assetsIncrease Rs. 78085 million (US$270 million) (December 2023)[1]
Websitetrg.com.pk

The Resource Group Pakistan, known as TRG Pakistan, is a Pakistani venture capital company which invests in business process outsourcing and technology companies and is based in Karachi, Pakistan.[2][3] It was founded in 2002.[4]

History[edit]

TRG Pakistan was founded in 2003 by Zia Chishti.[5] TRG obtained the certificate of commencement of business on February 27, 2003. The operations of the company effectively started on April 11, 2003.[6]

In 2003, TRG was listed on the Karachi Stock Exchange following an initial public offering at a strike price of PKR 10.[7]

In 2020, TRG's subsidiary ibex was listed on the Nasdaq.[8][9]

Subsidaries[edit]

References[edit]

  1. ^ "TRG.PK | TRG Pakistan Ltd. Annual Balance Sheet". WSJ. Retrieved 21 Dec 2023.
  2. ^ "The TRG stock phenomenon, explained". Profit by Pakistan Today. February 20, 2021.
  3. ^ MUSSELMAN, RON (4 May 2018). "Indiana Mall call center set to close, with 105 layoffs". The Indiana Gazette Online.
  4. ^ Jones, Donovan (March 19, 2018). "IBEX Holdings Updates U.S. IPO Terms". Seeking Alpha.
  5. ^ a b c Tirmizi, Farooq (March 7, 2017). "After a stellar entrepreneurial run, TRG is Zia Chishti's swan song". Profit by Pakistan Today.
  6. ^ TRG, Pakistan. "TRG Pakistan". TRG Pakistan. Retrieved 2023-12-19.
  7. ^ "Broadening the retail base in stock market". DAWN.
  8. ^ "Ibex Holdings seeks listing on Nasdaq | ePaper | DAWN.COM". epaper.dawn.com. 27 February 2018.
  9. ^ Team, SA News (August 7, 2020). "Ibex prices IPO at $19 (NASDAQ:IBEX) | Seeking Alpha". seekingalpha.com.

External links[edit]