TRG Pakistan
 | |
| Company type | Public |
|---|---|
| PSX: TRG KSE 100 component | |
| 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) |
| Subsidiaries | Afiniti Ibex Ltd |
| Website | trg |
| Footnotes / references Financials as of 30 June 2023[update] [1] | |
The Resource Group Pakistan, commonly known as TRG Pakistan, is a Pakistani venture capital company which invests in business process outsourcing businesses. It is based in Karachi.[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.
In 2003, TRG was listed on the Karachi Stock Exchange following an initial public offering at a strike price of PKR 10.[6]
In 2020, TRG's subsidiary ibex was listed on the Nasdaq.[7][8]
Subsidaries
[edit]References
[edit]- ^ "TRG Pakistan Annual Report 2023". Retrieved 18 May 2024.
- ^ Ali, Meiryum (February 20, 2021). "The TRG stock phenomenon, explained". Profit by Pakistan Today.
- ^ 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.
- ^ "Broadening the retail base in stock market". DAWN. 19 July 2004.
- ^ "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".
