TRG Pakistan
| Type | Public |
|---|---|
| PSX: TRG | |
| Industry | Business process outsourcing |
| Founded | 2002 |
| Headquarters | Karachi, Pakistan |
Key people | Hasnain Aslam (CIO and Co-founder)
Zia Chishti (Co-founder) Mohammed Khaishgi (COO and Co-founder) |
| Revenue |  US$1 billion (2020)[1] |
| Total assets | US$2 billion (2019)[2] |
| Website | trgworld |
The Resource Group Pakistan, known as TRG Pakistan, is a Pakistani venture capital comapny which invests in business process outsourcing companies and is based in Karachi, Pakistan.[3][4] It was founded in 2002.[5]
The company is owned by TRG International and about 86% of the revenue is earned from Ibex.[6]
It has a presence in more than seven countries.[7] The company has more than 20,000 employees in 26 sites.[4]
History[]
In 2014, the company announced that they will employ 800 people in Spring Hill, Tennessee.[8]
In 2018, the company closed its call center facility at Indiana Mall laid off 105 employees.[7] In the same year, they filed for an IPO and listing on the NASDAQ.[9][10]
In 2020, the Securities & Exchange Commission of Pakistan requested that the Pakistan Stock Exchange raise an inquiry to investigate alleged insider trading.[11]
References[]
- ^ "TRG launches new IT centre in Karachi – Business Recorder".
- ^ "Zia Chishti: A Pakistani-American Startup Legend | Brunswick". www.brunswickgroup.com.
- ^ "The TRG stock phenomenon, explained". Profit by Pakistan Today. February 20, 2021.
- ^ a b rmusselman@indianagazette.net, RON MUSSELMAN. "Indiana Mall call center set to close, with 105 layoffs". The Indiana Gazette Online.
- ^ Jones, Donovan (March 19, 2018). "IBEX Holdings Updates U.S. IPO Terms". Seeking Alpha.
- ^ Tirmizi, Farooq (March 7, 2017). "After a stellar entrepreneurial run, TRG is Zia Chishti's swan song". Profit by Pakistan Today.
- ^ a b rmusselman@indianagazette.net, RON MUSSELMAN. "Call center in mall to close Saturday". The Indiana Gazette Online.
- ^ "IBEX Global to hire 800 people". The Daily Herald.
- ^ "Ibex Holdings seeks listing on Nasdaq | ePaper | DAWN.COM". epaper.dawn.com.
- ^ https://www.bizjournals.com/washington/news/2018/02/28/d-c-region-might-see-another-company-go-public-we.html[bare URL]
- ^ Paracha, Shahzad (2020-08-04). "SECP asks PSX to inquire alleged insider trading at TRG Pakistan". Profit by Pakistan Today. Retrieved 2020-08-24.
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- Business process outsourcing companies
- Companies based in Karachi
- Pakistani companies established in 2002
- Business services companies established in 2002
- Companies listed on the Pakistan Stock Exchange
- Pakistani subsidiaries of foreign companies
- 2018 initial public offerings
- Pakistani company stubs