Appointment of Director of Pak Datacom Limited

Karachi, Pak Datacom Limited informed Pakistan Stock Exchange that Mr. Shamim Ahmed Sherazi has been appointed as Director with effect from January 11, 2021 in place of Mr. Arshad Rasheed Chaudhary.

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.