Karachi, TRG Pakistan Limited informed Pakistan Stock Exchange that one of its indirect portfolio companies, IBEX Limited, has initiated a listing process on NASDAQ. The valuation range that IBEX is seeking is $20 to $22 per share, implying a pro-rated stake for the Company of PKR 20 billion.
The Resource Group Pakistan Limited is engaged in managing and maintaining the telephone answering services, call centers, business process outsourcing services and information technology related services in Pakistan. The group operates internationally in various different countries including North America, Africa and Europe. The registered office of the business is located in Karachi.
TRG operates in the business process outsourcing sector. The company has acquired more than twenty four companies in the last decade which develops a global structure for the organization.
The symbol “TRG” is being used by the stock exchanges for the shares of The Resource Group Pakistan Limited.