Avanceon expands into Australia with new business entity

News Image

MG News | May 07, 2026 at 12:59 PM GMT+05:00

May 07, 2026 (MLN): Avanceon Limited (PSX:AVN)  has expanded its global footprint with the registration of a new business entity in Australia, operating under the name Avanceon PTY LTD.

 The new entity has been formally registered in Queensland under the Australian Securities and Investments Commission in accordance with the Corporations Act 2001.

Avanceon PTY LTD is a proprietary company limited by shares and a wholly owned subsidiary of Avanceon FZE – UAE.

The establishment of this new entity marks a significant milestone in the company's strategic global expansion, reinforcing its presence across the Asia-Pacific region and bringing its internationally recognized expertise in automation, digitalization, and industrial technology closer to a growing market.

Through Avanceon PTY LTD, the company will deliver innovative solutions across IT and technical services, oil and gas, transport and infrastructure, construction, manufacturing, mining, and environmental services.

The new setup is designed to enable deeper engagement with customers, partners, and stakeholders across Australia and the broader Asia-Pacific region, while maintaining the international standards of quality, safety, and innovation that Avanceon is known for worldwide.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 166,498.84
185.04M
-0.57%
-952.30
ALLSHR 100,481.40
703.99M
-0.51%
-519.61
KSE30 49,764.01
68.59M
-0.64%
-319.08
KMI30 240,340.56
94.21M
-0.36%
-880.32
KMIALLSHR 65,599.63
389.80M
-0.33%
-217.28
BKTi 45,136.63
31.52M
-1.09%
-499.60
OGTi 35,252.30
4.64M
-0.58%
-205.48
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,570.00 82,310.00
78,985.00
1825.00
2.29%
BRENT CRUDE 106.12 107.13
103.88
0.49
0.46%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-6.70
-5.74%
ROTTERDAM COAL MONTHLY 108.25 108.25
107.25
0.00
0.00%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 101.62 102.35
99.39
0.60
0.59%
SUGAR #11 WORLD 15.00 15.42
14.92
-0.38
-2.47%

Chart of the Day


Latest News
May 14, 2026 at 11:11 PM GMT+05:00

Govt strengthens cybersecurity framework


May 14, 2026 at 10:56 PM GMT+05:00

Govt unveils population control strategy


May 14, 2026 at 10:47 PM GMT+05:00

Govt prioritizes industry, agriculture growth


May 14, 2026 at 07:00 PM GMT+05:00

SBP reserves rise by $17m



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg