In a notification sent to PSX on 21/05/2024. Symmetry Group Limited (SYM) announced that it is investing in Finox for enhanced shareholder value.
Symmetry Group is excited to announce that it has entered into a share subscription agreement with Finox (Private) Limited. Finox is Pakistan’s leading Financial Analytics and Media Company. 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. 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.
SYM shares were last trading at Rs. 4.94 today.
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