Symmetry Group board approves formation of wholly owned UAE subsidiary

News Image

MG News | September 06, 2024 at 11:58 AM GMT+05:00

0:00

September 06, 2024 (MLN): The Board of Directors of Symmetry Group Limited (PSX: SYM) has approved the formation of the wholly owned subsidiary in UAE, according to the company's latest filing on PSX.

"This subsidiary will pave the way for global launch and scaling of the intellectual properties (products), developed in-house," the notification reads.

The management further noted that this new entity will enhance Symmetry Group's credibility and provide greater access to business opportunities across the GCC and international markets.

It will also offer increased flexibility in forming partnerships, joint ventures, and securing international contracts.

Moreover, this strategic move will enable more efficient financial structuring and operational optimization, while exploring innovative business opportunities and global strategic investments.

"Symmetry Group Limited is committed to continuous improvements and delivering value to its shareholders," the notice concludes.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 139,390.42
291.21M
0.71%
978.17
ALLSHR 86,260.96
576.29M
0.65%
558.00
KSE30 42,618.60
119.41M
0.86%
363.76
KMI30 196,907.86
123.77M
1.44%
2798.27
KMIALLSHR 57,276.87
259.26M
0.99%
563.20
BKTi 37,820.27
20.77M
-0.03%
-11.06
OGTi 28,214.64
47.07M
2.82%
774.00
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,805.00 119,785.00
117,905.00
1185.00
1.01%
BRENT CRUDE 71.71 72.82
71.60
-0.76
-1.05%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.28 70.41
69.21
-0.72
-1.03%
SUGAR #11 WORLD 16.43 16.61
16.28
-0.02
-0.12%

Chart of the Day


Latest News
July 31, 2025 at 05:47 PM GMT+05:00

Public grievance system introduced at EDB


July 31, 2025 at 05:18 PM GMT+05:00

PKR rises by 8 paisa against USD


July 31, 2025 at 04:57 PM GMT+05:00

Gold takes a Rs2,000 per tola hit


July 31, 2025 at 04:48 PM GMT+05:00

United Insurance resumes Guarantee Business operations



Top 5 things to watch in this week

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