Symmetry Group Limited (PSX: SYM), a digital technology and experiences company, Friday said its Board of Directors has approved formation of the wholly owned subsidiary in United Arab Emirates (UAE).
In a notice to the Pakistan Stock Exchange (PSX), the company said this subsidiary will pave the way for global launch and scaling of the intellectual properties (products), developed in-house.
It further said 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 added.
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