May 21, 2024 (MLN): Symmetry Group Limited (PSX: SYM) has entered into a share subscription agreement with Finox (Private) Limited, Pakistan's leading financial analytics and media company.
The company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.
Finox specializes in solutions that enable data driven decisions in capital markets.
Finox is a promising startup and prior to subscription of shares by Symmetry, other reputed corporate investors, Cordoba Logistics & Ventures Limited and Arpatech Technology (Private) Limited, are already amongst the shareholders in this venture.
"This investment reflects Symmetry's commitment to increase shareholders' value through carefully selected investments in tech startups as an integral part of the overall growth strategy of the company," the notice reads.
Symmetry Group Limited is a leading digital technology and experiences company that specializes in the transformation and digitalization of critical business functions with its expertise in digital strategy, transformation, artificial intelligence, digital commerce, data science, mobility, retail/research, and interactive marketing.
