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Supernet Likely to Get Listed on PSX An ICT service provider and a subsidiary of Telecard Limited by the name of Supernet is likely to get listed at Pakistan Stock Exchange (PSX). The board of directors of its parent company Telecard Limited has authorized the management of the company to explore the option for listing its subsidiary Supernet Limited, a notification submitted to the stock exchange detailed. Accordingly, the management is authorized to take the initial steps to proceed with the same, including the appointment of an advisor, the stock filing said. ALSO READ Supernet offers a range of enabling ICT solutions including internet, IT infrastructure, cybersecurity, software development, etc. It operates in more than 200 locations in Pakistan, providing services to corporate customers. ....
Telecard plans listing of Supernet on PSX Business May 1, 2021 KARACHI: Telecard Limited is considering listing of its subsidiary Supernet Limited on the stock exchange to expand its footprint in technology sector, the company said. “We are now exploring the opportunity of listing Supernet Limited with the prime objective of unlocking the value of company’s subsidiary,” Waseem Ahmed, company secretary at Telecard Limited said in filing with the bourse. “Expansion and acquisitions might be considered in the future.” The board of directors of Telecard Limited authorized the company to explore the option for listing of its 100 percent owned subsidiary Supernet Limited. ....