Islamabad, Sep 2: Blue-Ex Limited (PSX: GEMBLUEX) is scheduled to transition from the GEM Board to the Pakistan Stock Exchange’s main board.
During its meeting last week, the company’s Board of Directors approved the company’s migration from the PSX GEM Board to its Main Board, subject to compliance and regulatory approvals from both PSX and SECP in accordance with the Companies Act of 2017 and all other applicable laws.
The board also approved the company’s purchase of a target company’s intangible assets and its domestic e-commerce and last-mile logistics businesses, pending completion of due diligence and final agreement.
The company’s main operations include freight forwarding, local and international courier services, and related offerings.
