Islamabad March 22 2023: TPL Trakker announce that the Federal Board of Revenue (“FBR”) has directed the Company to commence installation of tracking devices on containers/trucks carrying Transhipment Cargo and has further directed the Company to begin operations at all Custom Stations across the Country where the Transhipment consignments are being originated from or designated to.
“This would positively impact the topline of the Company in terms of its revenue from STE Project as the scope of the license of the Company has been enhanced with Transhipment Cargo also being made operational under the existing license” says Company Chairman Jameel Yusuf.
TPL Vehicle Tracking (Private) Limited was incorporated in Pakistan on December 27, 2016 as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017). Effective from November 30, 2017, the name of the Company was changed to TPL Trakker (Private) Limited. The Company is subsidiary of TPL Corp Limited and TPL Holdings (Private) Limited is the ultimate parent company. The principal activities of the Company include installation and sale of tracking devices, vehicle tracking & fleet management services.