The Resource Group Responds to Co-Founders' Article on Company's Legal Saga
The Resource Group has issued a press statement in response to an article published earlier on Dawn.com, in which two of its co-founders — Mohammed Khaishgi and Hasnain Aslam — have presented their perspective on the company’s legal saga over the last several years. The statement details the governance protections put in place to protect TRG and sets out the co-founders’ rationale for the decisions taken during this period. The full text of the statement is reproduced verbati
The Resource Group (TRG) has issued a press statement addressing an article published by two of its co-founders, Mohammed Khaishgi and Hasnain Aslam, regarding the company's protracted legal disputes. TRG's statement details the governance protections implemented to safeguard the company and outlines the co-founders' justifications for decisions made during this period. Founded in 2002 with the conviction that Pakistan should be a global player in technology services, TRG has grown significantly. The statement contrasts current shareholder returns under current management with those during former CEO Zia Chishti's tenure, noting substantial increases. TRG International, the holding company, oversees global assets including TRG Pakistan and Nasdaq-listed Ibex, which collectively employ nearly 40,000 people worldwide. IT exports from Pakistan exceed $100 million annually, with cumulative exports nearing $1 billion.
The Resource Group's statement provides its perspective on a contentious legal battle, detailing governance measures and highlighting the company's growth and financial performance under current leadership.
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