Karachi: AsiaPak Investments, private investment firm with operational assets in Pakistan and Hong Kong has acquired Bol Network, read statement released by media group.

Company did not share details of acquisition, but informed that Bol Network will remain headquartered in Karachi with nationwide presence. AsiaPak Investments, which has offices in Karachi, Lahore and Islamabad and invests only in Pakistan, has appointed Sameer Chishty as Chairman and CEO of Bol Network, read statement. Chishty is seasoned international technology investor in Asia and Middle East, it added.

“Amazing progress is being made globally in digital technologies, artificial intelligence and telecommunications. Impact is being felt across entire media ecosystem, including content creation, news, entertainment, gaming, music, education, communication and community,” Chishty said.

“As General Partner at SparkLabs Group investing in over 500 technology companies in China, Korea, Saudi Arabia and other countries, I have seen first-hand potential these technologies have in changing lives, transforming societies, growing economies. “We will all make our voices heard. Together we will know more, do more and be more,” added Chishty.

Published in The Daily National Courier, September, 12 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.