TRG Pakistan
 | |
| Company type | Public |
|---|---|
| PSX: TRG | |
| Industry | Venture Capital |
| Founded | 2002 |
| Founder | Zia Chishti |
| 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) |
| Owner | Zia Chishti (16.12%) Jahangir Siddiqui & Co. (4.94%) JS Bank (4.50%) JS Infocom (1.90%) |
Number of employees | 5 (2023) |
| Parent | JS Group |
| 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 in 2003 by Zia Chishti.[5] 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.
- ^ a b c Tirmizi, Farooq (March 7, 2017). "After a stellar entrepreneurial run, TRG is Zia Chishti's swan song". Profit by Pakistan Today.
- ^ 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".
External links[edit]
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