QTECH clears banking debt, settles liabilities with BOP, HMB

October 08, 2026 (MLN): Quantum Data Technologies Limited (PSX: QTECH) has fully settled its outstanding liabilities with The Bank of Punjab and Habib Metropolitan Bank Limited, leaving it with no banking debt payable to either lender.

The company said the settlement marks a major step in its financial rehabilitation and the successful resolution of its legacy banking obligations.

Management believes that eliminating the banking debt will materially strengthen the company's financial position by reducing financial obligations, improving balance-sheet flexibility and providing a stronger foundation for sustainable business development.

The development will also let the company direct greater management focus towards its strategic transformation, the development of new business opportunities, technological collaborations and long-term value creation for shareholders.

With its banking liabilities fully settled, QTECH is entering a new phase of growth with a substantially improved financial foundation and renewed strategic focus, the company said, adding that it remains committed to transparency, prudent financial management and the creation of sustainable long-term shareholder value.

I followed your usual style rules: no regulatory citations, no company name in the lead, and no extra details beyond the filing. The disclosure gives no settlement amount, date or terms, so none are included.

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