Karachi August 30 2022: All stakeholders are informed that there is a malicious social media campaign targeted against TRG Pakistan Limited involving circulation of articles, images, video clips, messages etc. containing misleading and incorrect information with the objective of smearing the reputation of the Company, according to the company to the exchange.
As part of such malicious smear campaign, it has also come to the Company’s attention that fake and doctored documents are also being widely circulated on social media platforms, including WhatsApp.
All stakeholders are advised to be cautious before considering, relying upon, or circulating any information or document received by them through social media platforms regarding the Company without first checking the authenticity of the same through the official website of the Pakistan Stock Exchange Limited or otherwise.
TRG Pakistan Limited was incorporated in Pakistan as a public limited company on December 2, 2002 under the repealed Companies Ordinance, 1984. On May 14, 2003 the Company obtained a license from the Securities and Exchange Commission of Pakistan ("SECP") to undertake venture capital investment as a Non-Banking Finance Company in accordance with the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 (NBFC Rules). The principal activity of the Company, through its associate, The Resource Group International Limited (TRGIL) is to invest in a portfolio of investments primarily in the Technology, IT enabled services and medicare insurance sectors.
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