Karachi December 10 2021: The Resource Group International Limited (TRGI) has informed TRG Pakistan Ltd. that the TRGI
Board has approved the allocation of its liquid assets to its shareholders.
TRG Pakistan’s portion
of the liquid assets would be approximately USD 120 million (inclusive of approximately USD 10
million in deferred cash) plus approximately 5.4 million shares of its listed portfolio company, Ibex Limited.
The process and structure for utilization of the above allocation is expected to be finalized by 31 December 2021, and TRG Pakistan will announce further details at that time.
Source:
PSX
