Approval given for TPL Trakker to be listed on PSX

KARACHI: The Board of Directors of TPL Trakker Limited (TPLT) has accorded its approval for the listing of the company on the Pakistan Stock Exchange (PSX).

The announcement was made on Friday by TPL Corp in a notification sent to the exchange.

TPLT will be offering 115,719,500 ordinary shares of the face value of Rs10 per share, at a price of Rs12, aggregating up to Rs1.4 billion by way of an Initial Public Offering, the company announced.

TPLT is a wholly owned subsidiary of TPL Corp Limited.

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