Karachi, Pak Datacom Limited informed Pakistan Stock Exchange about transaction of shares of the company. 28,000 shares @ Rs. 80.23per share were sold in the market on June 24, 2021 through CDC.
Pak Datacom Limited is a subsidiary of Telecom Foundation. The objective of the Company is to set up, operate and maintain a network of data communication and to serve the needs of the subscribers against approved tariff charges. The Company is also authorized to carry out any business relating to communication and information technology whether manufacturing or otherwise, that may seem to the Company capable of being conveniently carried on to enhance the value of or render profitable any of the Company’s property or rights or which it may be advisable to undertake with a view to improve the profitability of the Company subject to applicable licenses from Pakistan Telecommunication Authority.