Zuma Resources Limited (PSX: ZUMA) has formally shifted its core business from textiles to technology investing and development.
In a filing submitted to the Pakistan Stock Exchange on Thursday, the company said its principal line of business has been changed to focus on investing in, developing and acquiring assets in technology-driven companies.
The move positions Zuma Resources to tap into sectors with high growth potential, including information technology and emerging digital industries.
The company said the change has been duly approved by the Securities and Exchange Commission of Pakistan (SECP) as well.
Following the approval, Zuma Resources’ revised mandate includes IT investing, partnerships, and strategic collaborations across a diversified portfolio of businesses. These include technology and AI-enabled services, electric vehicle (EV) technology, healthcare technology, e-commerce and other related sectors.
Stay Connected with ProPakistani
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
ٹیکنالوجی اور اے ائ کون سا پھل پھول رہی ہیں یہاں۔ بیروزگار گھوم رہے ہیں اور کمپنیز کی من مانیوں پر زندگی خوار کر رہے ہیں یہاں۔ زیادہ تر تو جان پہچان سے بھرتی ہو جاتے ہیں۔
agreed
Meaning they are a call center now. Ai is bs