TRG Pakistan
 | |
| Company type | Public |
|---|---|
| PSX: TRG | |
| Industry | Venture Capital |
| Founded | 2002 |
| Founder | Mohammed Khaishgi Zia Chishti Hasnain Aslam |
| Headquarters | Karachi, Pakistan |
Key people | Mohammed Khaishgi (Chairman) Hasnain Aslam (CEO) |
 Rs. -1.336 billion (US$−4.6 million) (2023) | |
| Total assets |  Rs. 78.13 billion (US$270 million) (2023) |
| Total equity | Rs. 65.5 billion (US$230 million) (2023) |
| Subsidiaries | Afiniti Ibex Ltd |
| Website | trg |
| Footnotes / references Financials As of 30 June 2023[update] [1] | |
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 on December 2, 2002 by Zia Chishti, Hasnain Aslam, and Mohammed Khaishgi of the Kheshgi family.[5] The operations of the Company effectively started on April 11, 2003. 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]
- ^ "TRG Pakistan Annual Report 2023". Retrieved 18 May 2024.
- ^ "The TRG stock phenomenon, explained". Profit by Pakistan Today. February 20, 2021.
- ^ MUSSELMAN, RON (4 May 2018). "Indiana Mall call center set to close, with 105 layoffs". The Indiana Gazette Online.
- ^ Jones, Donovan (March 19, 2018). "IBEX Holdings Updates U.S. IPO Terms". Seeking Alpha.
- ^ "TRG.PK Company Profile & Executives - TRG Pakistan Ltd. - Wall Street Journal". www.wsj.com. Retrieved 2024-05-28.
- ^ TRG, Pakistan. "TRG Pakistan". TRG Pakistan. Retrieved 2023-12-19.
- ^ "Broadening the retail base in stock market". DAWN.
- ^ "Ibex Holdings seeks listing on Nasdaq | ePaper | DAWN.COM". epaper.dawn.com. 27 February 2018.
- ^ Team, SA News (August 7, 2020). "Ibex prices IPO at $19 (NASDAQ:IBEX) | Seeking Alpha". seekingalpha.com.
- ^ a b c "TRG Pakistan case study".
- ^ a b Tirmizi, Farooq (March 7, 2017). "After a stellar entrepreneurial run, TRG is Zia Chishti's swan song". Profit by Pakistan Today.
External links[edit]
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