TRG Alerts Stakeholders Against Misleading Information on Social Media

TRG Pakistan Limited (PSX: TRG) on Monday said it has taken note of fake documents with the Company’s logo circulating virally on social media, displaying wrong calculations and financial scenarios in relation to the intent of tender recently announced by the Company’s largest shareholder. The Company is concerned that its shareholders are reviewing this false and misleading information, which has been circulated maliciously by certain parties, often with the Company’s logo, to mislead investors. “The Company would like to alert its public shareholders and other stakeholders to only place reliance upon information disseminated by the Company through official channels and not to be influenced by information from unofficial sources, especially on WhatsApp and social media,” the filing added. The principal activity of the Company, through its associate, The Resource Group International Limited (TRGIL) is to invest in a portfolio of investments primarily in the Technology, IT-enabled services, and medicare insurance sectors.