Islamabad, Sep 6: Symmetry Group Limited (PSX: SYM), A digital technology and experiences firm said on Friday that the establishment of a wholly owned subsidiary in the United Arab Emirates (UAE) has received approval from its Board of Directors.
The company stated in a notice to the Pakistan Stock Exchange (PSX) that this subsidiary will open the door for the in-house generated intellectual properties (products) to be launched globally and scaled up.
Additionally, it stated that Symmetry Group will have more access to commercial prospects in the GCC and worldwide markets thanks to this new corporation, which will also increase its credibility.
Additionally, it will provide more freedom for establishing joint ventures, partnerships, and foreign contracts.
This calculated action will also facilitate more effective financial structuring and operational optimization, as well as the exploration of novel company prospects and international strategic investments.
The announcement also stated that Symmetry Group Limited is dedicated to providing value to its shareholders and making ongoing improvements.
