South Asia

Avanceon Limited Appoints Junaid Mushtaq Paracha as President for Southeast Asia Region

The New Appointment will be Responsible for Operations, P&L, and Future Strategic Direction of the Region Lahore, Pakistan – Avanceon Limited has appointed Junaid Mushtaq Paracha as President for South Asia region. A seasoned industry veteran, Paracha has been part of Avanceon Limited for more than twenty-five years. The appointment will see his team work ...

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Avanceon and Dawood Hercules Corporation Make it Official by Signing a Share-Swap Sale Purchase Agreement for Underlying Technology Companies

Octopus Digital and EmpiricAI Prepare to Kick off an Exciting Collaborative Business Plan for Industrial Customers Looking to Launch their Industry 4.0 Journey Lahore, Pakistan – As approved by the Board of Directors of Avanceon Limited, Avanceon has signed a Sale Purchase Agreement with Dawood Hercules Corporation Limited (DHCL) for the swapping of 100% of ...

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TUV Austria Endorses Avanceon’s Information Security Management System with ISO 27001 Certification

Avanceon Receives TUV Austria’s ISO 27001:2013 Certification for the Information Security Management System (ISMS) Lahore, Pakistan – Avanceon has received ISO 27001:2013 Certification from TUV Austria. ISO 27001 is a framework of policies and procedures that includes all legal, physical, and technical controls involved in an organization’s information risk management processes. TUV Austria conducted a ...

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Avanceon Collaborates with Compressor Controls Corporation to Upgrade and Improve Plant Floor Efficiency for one of the Largest Fertilizer Companies in Pakistan

The High Value Project will Streamline the Leading Fertilizer’s Production Line by making it Cost Effective, Flexible, and Safe Lahore, Pakistan – Avanceon Limited has partnered with Compressor Controls Corporation (CCC) to retrofit a high value upgradation project for the one of the largest fertilizer companies in Pakistan. The project will entail Total Train Solution ...

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Avanceon Launches 2022 by Scoring the Largest Commercial Infrastructure Project Under its Building Technologies Banner to Date

The Massive Undertaking Valued at over 1 billion PKR Approx. will see Avanceon Execute an Innovative BMS Solution for a Luxury Shopping Centre in the Heart of Metropolitan Lahore Lahore, Pakistan – Avanceon Group of Companies has secured the largest commercial infrastructure project in its history. The contract has been awarded to Avanceon Limited and Avanceon ...

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Avanceon Group of Companies Secures a Five-Year Contract to Setup and Maintain Industrial Data Center Infrastructure for a Major FMCG Corporation in Pakistan

The Project Valued at One Million USD will see Octopus Digital Migrate Existing Critical Data to a Centralized Global Network for the Customer Lahore, Pakistan – Avanceon Group of Companies has secured a high value five-year contract to setup and maintain industrial data center infrastructure for one of the largest FMCG corporations in Pakistan. The project ...

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Octopus Digital Limited Shares Transferred to Successful Bidders. Trading on PSX to Start from October 05, 2021.

The Central Depository Company of Pakistan Confirms Credit of 27.3 million Shares to 12,365 New Share Holders of Octopus Digital Limited. Pakistan Stock Exchange Notifies Listing of Octopus Digital Limited. Karachi, Pakistan – Pakistan Stock Exchange (PSX) has notified the listing of Octopus Digital with effect from Tuesday October 05, 2021.All Octopus Digital Limited securities ...

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Octopus Digital Completes Highly Successful IPO by Achieving 4.39x Subscription of its Retail Portion

Octopus Digital Shares Remain in High Demand as the Retail Portion Receives an Overwhelming Response from the General Public  Karachi, Pakistan – Octopus Digital, a wholly-owned subsidiary of Avanceon Limited, has successfully completed its Initial Public Offering. The General Public Subscription, scheduled on September 16 & 17, 2021, offered 6,837,500 shares at the strike price of 40.60 ...

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A Smashing Success. Ripples Across Region. Octopus Digital Becomes the Fastest, Biggest, & Heavily Subscribed IPO in PSX History

Octopus Digital Book Building Portion Earns Rare Distinction as the Fastest and Most Heavily Subscribed Issue in Pakistan Stock Exchange’s History  Karachi, Pakistan – Octopus Digital, a wholly owned subsidiary of Avanceon Limited, has successfully completed the subscription of its Book Building Issue. The Book Building portion of the Issue was scheduled on September 09 & ...

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Avanceon and Octopus Digital Team Up to Implement Industry Leading Fuel Retail Automation Solution for Gas & Oil Pakistan Limited

Project to Include Deployment of Proprietary Solution on Multiple Sites for Gas & Oil Pakistan Limited for a Frictionless and Efficient Retail Experience Lahore, Pakistan – Avanceon Limited and its wholly owned subsidiary Octopus Digital will combine their respective expertise to deploy state of the art fuel retail automation solution on multiple sites for Gas ...

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