Transaction of 17,000 shares of Pak Datacom Limited

Karachi, Pak Datacom Limited informed Pakistan Stock Exchange about transaction of shares of the company. 17,000 shares @ Rs. 75.21 per share were sold in the market on June 23, 2021 through CDC.

“Pak Datacom Ltd. is a subsidiary of Telecom Foundation, which has an equity share of 55%, whereas 45% investment in the company is made by general public and foreign investors.

Established in November 1991, Telecom Foundation is a self-supporting entity with assets exceeding Rs.1 billion and an annual turnover of Rs.2 billion is the holding company of Pak Datacom Ltd.

Pak Datacom Ltd. was incorporated as a private limited company in July 1992 and was subsequently converted into public limited company in June 1994. The testing of the network and related system started in April 1994 and commercial operations commenced in July 1994.

The symbol “PAKD” is being used by the stock exchange for the shares of Pak Datacom Limited.”