South Asia

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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Octopus Digital Ltd IPO

Octopus Digital’s Draft Prospectus for Issuance, Circulation and Publishing Approved  Karachi, Pakistan – The Security and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) has approved the listing application of Octopus Digital Limited. Octopus Digital, a 100% wholly owned subsidiary of Avanceon Limited, under sub-section (2} of Section 87 read with sub-section ...

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Octopus Digital Signs a Ten-Year Contract with one of the Largest Tea Manufacturers in Pakistan

The Service Contract worth more than 100 million PKR will see Octopus Digital Ensure OEE Data Acquisition for Machines Integration with SAP for the Customer Karachi, Pakistan – Octopus Digital Limited, a 100% wholly owned subsidiary of Avanceon Limited, has been contracted by one of the largest tea manufacturers to ensure overall equipment efficiency (OEE) ...

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Avanceon and Endress+Hauser Strengthen their Commitment to Provide State of the Art Industrial Solutions in Pakistan

Endress+Hauser Expands Avanceon Limited’s Scope to Include all Industrial Sectors in the Pakistan Region Lahore, Pakistan – Endress+Hauser has expanded its distribution scope by appointing Avanceon Limited as its Sales Channel Partner for all industrial sectors, including oil & gas and textiles, in the Pakistan region. Endress+Hauser and Avanceon Limited entered into a partnership agreement in ...

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Avanceon Secures a High-End Instrumentation Order for a Major Chemical Company in Pakistan

Image used for illustration Purposes. Credit: Rigzone The High Value Supply Order will see Avanceon Partner with Endress+Hauser for Multi Point Thermocouples and Services Dubai, UAE – Avanceon FZE, a subsidiary of Avanceon Limited, has been contracted to provide Endress+Hauser Multi Point Thermocouples to a major chemical company in Pakistan. In addition to the supply ...

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Avanceon to Upgrade Critical Systems for one of the Largest Chemical Fertilizer Companies in Pakistan

Avanceon Contracted to Upgrade Emergency Shutdown System for the Fertilizer Giant’s Ammonia and Urea Plants Dubai, UAE – Avanceon FZE, a subsidiary of Avanceon Limited, has been contracted to provide a comprehensive upgrade solution for the Emergency Shutdown System for one of the largest chemical fertilizer companies in Pakistan. The ESD upgrade is critical for ...

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