GoldFin Limited secures permission to form an NBFC
ABS & Co has advised Goldfin Limited in successfully obtaining regulatory approvals from the Securities and Exchange Commission of Pakistan (SECP) to form an NBFC.
ABS & Co acts as transaction advisors on Waada Holdings acquisition of MicroEnsure
ABS & Co acted as the transaction advisors on Waada Holdings (Pvt) Limited’s acquisition of MicroEnsure Pakistan (Pvt) Limited. This represents the second M&A transaction to have been concluded by ABS & Co’s lawyers in a space of a few weeks.
United Bank Limited secures a money decree in excess of Rs. 2 billion
ABS & Co has successfully represented United Bank Limited in its recovery suit against Amtex Limited, a publicly listed company trading on the Pakistan Stock Exchange (PSX). The bank’s recovery suit for Rs. 2.069 billion was decreed by the Lahore High Court in February 2022.
ABS & Co advises ZoodPay on its acquisition of Tez Financial Services
In a groundbreaking deal for Pakistan’s fintech sector, ABS & Co acted as transaction advisors to Switzerland-based Zoodpay & ZoodMall on their acquisition of Tez Financial Services Limited. The acquisition represents the first merger in Pakistan’s fintech sector.