Karachi, August 28, 2025 – TPL Trakker announced on Thursday that it has successfully secured its first-ever project in the African region, marking a major milestone in the company’s international expansion strategy.
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TPL Trakker Announces Partnership with UAE Gargash Group
Karachi, May 24, 2024 – TPL Trakker Limited announced on Friday that its Board of Directors has authorized a fresh equity injection into its associated company, Trakker Middle East Limited (TME), and approved a binding agreement with the UAE-based Gargash Group.
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UAE Conglomerate Expresses Interest in Acquiring TME Shares
Karachi, February 26, 2024 – TPL Trakker Limited, a prominent player in location-based services and fleet management, has disclosed that a UAE-based conglomerate is keen on acquiring a substantial equity stake in Trakker Middle East (TME), an associated company of TPL Trakker Limited.
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FBR allows TPL Trakker for tracking transshipment consignments
KARACHI: The Federal Board of Revenue (FBR) has given the green light for the tracking of transshipment consignments to TPL Trakker, a move that is expected to have a positive impact on the company’s revenue streams.
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TPL Trakker signs MoU to provide satellite images
KARACHI: The TPL Trakker Limited (TPLT) has signed a Memorandum of Understanding (MoU) to provide satellite images of Pakistan.
The company will be able to provide high resolution satellite images and the drone imagery of up to 0.3 meter resolution.
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According to the material information submitted to the Pakistan Stock Exchange (PSX) by the TPLT on Thursday stated: “We are pleased to announce that TPLT has entered into a Memorandum of Understanding (MoU) with Exelligent Solutions and Geospatial Planning Solutions to be the exclusive distributor of Satellite Imagery of Pakistan.”
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TPLT will be able to provide different types of high resolution satellite images including Optical Satellite (Mono and Stereo) Imagery, Synthetic Aperture Radar (SAR) Satellite Imagery, Satellite Data derived products like DEM, DSM and DTM, and Drone Imagery of up to 0.3 meter resolution.
This is first such step by TPLT in order to provide Satellite imagery and GIS applications to multiple industries which are increasingly utilizing it.
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TPL Properties announces developing Technology Park in Sindh
KARACHI: TPL Properties on Monday announced to develop first ever Technology Park in Sindh with high end technology facilities.
In an information shared with Pakistan Stock Exchange (PSX), the company said that in continuation to the disclosure made by TPL Properties Limited dated November 11, 2020, whereby the company had announced entering into an Agreement to Sell.
“We are pleased to announce that the Company, through its wholly owned Subsidiary, G-18 (Private) Limited, has now acquired Plot No. 25-B, measuring 10,002 Square Yards, situated at Sector 30, Korangi Industrial Area, Karachi upon execution of the Sale Deed dated February 19, 2021.
“The Company aims to develop state-of-art, first ever Technology Park in the Province of Sindh with high end technology facilities. Such infrastructure shall provide a platform to the IT Sector across Pakistan.
“The timeline for the completion of the Project is anticipated to be two years which includes planning and designing phase.”
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TPL Trakker to use Telenor’s location based services
KARACHI: TPL Trakker and Telenor Pakistan have signed an agreement under which Telenor Pakistan will provide location base services (LBS).
TPL Trakker powers the technology via TPL Maps, the company’s mapping arm and Pakistan’s first digital mapping service licensed by the Survey of Pakistan, a statement said on Thursday.
Using LBS, Telenor Pakistan will make use of the most detailed and localized location dataset ever offered in Pakistan. Following the partnership, Telenor Pakistan will have access to data covering 600,000 km of road network, 3 million points of interest (POIs), which will enable the telecom operator to offer tailored products and solutions for B2B customers as per their needs.
The move is in line with TPL Trakker’s vision to create value for different industry verticals through digital transformation, enhancing connectivity between people, mobile assets and businesses.
This will pave the way for Mobile Network Operators to venture into diverse location-centric solutions adding to the rising popularity of TPL’s cutting edge mapping and automation API solutions for apps.
Speaking on the collaboration, Sarwar Ali Khan, CEO, TPL Trakker said, “TPL has developed indigenous Location Based Services to fuel the rapid growth of technology companies in Pakistan. Mobile Network Operators are ingrained in the national economy and they rely heavily on cutting-edge location data and services. We expect closer collaboration with each player for our Location Based Services as we look forward to a long and fruitful relationship with one of Pakistan’s leading Mobile Network Operators.”
With a plan to accelerate the growth of the telecommunication services industry, the two companies will create a modern, value-driven and globally competitive Pakistan.
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German financial institution shows interest to acquire 20pc stake in TPL Insurance
KARACHI: A Germany based development finance institution has shown interest to acquire 20 percent stake in TPL Insurance Limited, a statement said on Tuesday.
According to an announcement on Pakistan Stock Exchange (PSX), TPL Insurance Limited (“the Company”), a subsidiary of TPL Corp Limited, is pleased to announce that DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”), a wholly owned subsidiary of KfW Group based in Cologne, Germany, a major development finance institution, has expressed interest in acquiring 20 percent stake in the Company.
The transaction shall be executed subject to approval of the Board of Directors’, Shareholders’, Securities and Exchange Commission of Pakistan and other regulatory bodies.
DEG is re-entering into the Pakistani market with the investment being a first, in an insurance company by a Development Finance Institution in recent times in Pakistan.
With the experience and expertise of DEG as a major institutional investor, the Company will greatly benefit in terms of custom shaped solutions in all respectable areas including but not limited to best corporate governance practices, business support, risk management and environmental and social matters.
“We shall keep our shareholders updated with respect to this transaction by making further announcements as and when the transaction progresses further,” the announcement said.
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TPL Trakker signs LoI with Chinese companies for 25% equity sale
KARACHI: TPL Trakker Limited on Monday said that it has signed a Letter of Intent (LoI) with Chinese companies for sale of 25 percent share in equity.
In a notices to Pakistan Stock Exchange (PSX), announced that TPL Trakker Limited, a wholly owned subsidiary of TPL Corp Limited, has signed a Letter of Intent (“LoI”) with China Transportation HEAD New Technology (Shanghai)Co. Ltd and CCCC Industrial Investment Holding Co. Limited (“Potential Investors”).
The Potential Investors are interested in acquiring, at a minimum of 25 percent equity, in TPL Trakker Limited (“Proposed Transaction”) and the Parties are currently conducting due diligence of the Proposed Transaction.
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Listing of TPL Trakker announced through IPO
KARACHI: TPL Corp on Friday formally announced the listing of its subsidiary TPL Trakker Limited at Pakistan Stock Exchange (PSX) through an Initial Public Offering (IPO).
In a notice to PSX, the company said that the board of directors of TPL Trakker Limited (TPLT), a wholly owned subsidiary of TPL Corp Limited, had accorded its approval to TPLT for listing at the PSX.
The board also granted approval to submit its listing applications before the PSX and SECP as per the applicable rules and regulations.
TPLT will be offering around 115.72 million ordinary shares of the face value of Rs10 each, at a price of Rs12 aggregating up to Rs1.4 billion by way of an IPO at a fixed price in accordance with the Public Regulations, 2017.
Earlier, TPL Corp Limited (TPL) held a Corporate Briefing on November 18, 2019 to discuss the financial results of FY19 and future outlook of the company.
In order to further grow in the vehicle and container tracking business, IoT Business as well as expand into markets abroad, TPL Trakker will file for an IPO, aiming to raise PKR 1.4 billion.
Moreover, the company is in talks with two foreign strategic investment partners for equity injection.
TPL Group includes TPL Trakker Limited, TPL Insurance, TPL Properties, TPL Life, TPL Maps, TPL Security Services Private and TPL Rupiya.