Tue, 21-Oct-2025

Avanceon secures Rs750 million project for Masjid Al-Haram expansion

avanceon

KARACHI: Avanceon Saudi for Energy Co WLL, a subsidiary of Avanceon FZE, has secured an approximately Rs750 million project to execute SCADA solution for the Masjid Al-Haram Expansion Project in Makkah, a statement said. The high value project will see Avanceon provide a state-of-the-art solution to expand and restore Masjid Al-Haram’s central position in the … Read more

Avanceon secures Rs1 billion project

Avanceon

KARACHI: Avanceon Group of Companies secured the largest commercial infrastructure project in its history worth over Rs1 billion, a statement said on Tuesday. The contract has been awarded to Avanceon Limited and Avanceon FZE (wholly owned subsidiaries established in Pakistan and UAE respectively) to provide supply, installation and supervision and commissioning services of building management systems … Read more

Octopus Digital get a contract of $1 million

Octopus

KARACHI: Octopus Digital, a digital arm of the Avanceon Group of Companies’, will set up and maintain the industrial data centre infrastructure for one of the largest fast-moving consumer goods (FMCG) corporations in Pakistan, a bourse filing said. This contract execution gives a pathway for positive impact on the group’s business and value for its shareholders, it … Read more

Avanceon plans to sell 20% shares of Octopus Digital; floor price set at Rs29/share

avanceon plans

KARACHI: Avanceon Limited plans to sell 20 per cent shares in its wholly-owned subsidiary, Octopus Digital Limited, at a floor price of Rs29/share, translating into Rs793.15 million, which the tech firm requires to develop various digital dashboard platforms to expand its services suite. The Pakistan Stock Exchange (PSX) has invited the public comments on the … Read more