Sunday 22 September 2013

Pakistani financial portal to be acquired by UAE-based group – The Express Tribune

Pakistani financial portal to be acquired by UAE-based group – The Express Tribune:

"Investor Guide 360, a website offering research reports on the corporate sector, has attracted investment from the Aref Mohammed alZarouni Group of the United Arab Emirates (UAE), a company official told The Express Tribune on Saturday.
A known name in Pakistan’s investment banking, Mir Mohammad Alikhan, has joined hands with Aref Mohammed alZarouni, who is a member of the eminent alZarouni family of the UAE, to acquire a majority stake in the website for an undisclosed amount. The investment has been made through a holding company, AMZ MAK Capital Limited, according to Baqar Abbas Jafri, founder of the website.
“The acquisition of Investor Guide 360 will boost AMZ MAK Capital’s strategic growth plans in Pakistan. We thank all financial institutions, especially brokerage houses, which have collaborated with Investor Guide 360 in opening a new avenue of knowledge for the country’s investors,” said AMZ MAK Capital Executive Chairman Aref Mohammed alZarouni in an emailed statement."

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