Islamabad, Feb 11: Symmetry Group Limited (PSX: SYM) is actively exploring various capital-raising opportunities, including an initial public offering (IPO) for its new product companies. Other potential financing options under consideration include venture capital (VC) or private equity (PE) funding, as well as strategic partnerships. This decision was made during the company’s latest board meeting held on February 10, 2025.
Additionally, the Board of Directors has approved the launch of two innovative digital products, Vidfy.ai and Influsense.ai, as part of its expansion strategy. This information was disclosed in an official stock market filing on Tuesday. To facilitate the next steps, the Board has instructed management to engage a financial advisor and finalize all necessary arrangements ahead of the upcoming meeting.
The Board also reviewed and confirmed the minutes of its previous meeting held on October 20, 2024. This development marks a significant milestone in Symmetry Group’s journey, reinforcing its commitment to technological innovation and financial growth.
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Established as a sole proprietorship, Symmetry has transformed into a diversified digital solutions provider, operating as Symmetry Group Limited along with its subsidiaries. The company took a major step in 2017 when it transitioned from a private limited entity to an unlisted public company. Since then, it has continued to expand its portfolio and market presence, cementing its reputation as a leader in the digital transformation space.
With these recent initiatives, Symmetry Group is poised for accelerated growth, leveraging cutting-edge technology and strategic investments to strengthen its market position.
