Karachi March 7 2022: Due to the current volatile market situation caused by global oil prices, the Issuer and the Advisor to the Issue have decided to postpone the book building of Coeus Solutions limited.
The advisor to the issue assure all registered bidders that their margin money shall be fully refunded within 3 working days, i.e. latest by March 10, 2022.
Coeus Solutions is one of the best equity stories for the capital markets and the business benefits from the current turmoil in Russia as well as from any depreciation in the PKR. The company has some very exciting business developments coming up and we intend to update you about them in the coming weeks as advisor to the issue plan a new date to list on the GEM board.
“Coeus is primarily focused on enterprise software solutions” said Ali Naqi Shaheen, co-founder at Coeus Solutions Limited. “In the last ten years, we have established a strong presence and competence in the German market, and we expect to expand the business further in Germany as well as rest of Europe. With our focus on remote work enablement, we believe we are solving biggest problems faced by majority of the world organizations especially post-pandemic.”