In accordance with Sections 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, we hereby convey the following:
We are pleased to announce that TPL Trakker Limited ("TPLT") has entered into a Memorandum of Understanding with Exelligent Solutions and Geospatial Planning Solutions to be the exclusive distributor of Satellite Imagery of Pakistan. 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.
A disclosure form as required under S.R.O. 143(1)/2012 dated December 5, 2012 read with Section 131 of the Securities Act, 2015 is also enclosed as Annexure A.
Yours sincerely,
________________
Danish Qazi
Company Secretary
Cell No. 0300-8241394
Cc:
The Commissioner,
Company Law Division,
Securities and Exchange Commission of Pakistan,
NIC Building, 63, Jinnah Avenue, Blue Area, Islamabad.
ANNEXURE A
DISCLOSURE FORM
IN TERMS OF SECTIONS 96 AND 131 OF THE SECURITIES ACT, 2015
Name of Company:
TPL Trakker Limited
20th Floor, Skytower,
East Wing, Dolmen City,
Abdul Sattar Edhi Avenue, HC-3, Block 4, Clifton,
Karachi
Date of Report:
August 17, 2022
Contact Information:
Danish Qazi
Company Secretary
20th Floor, Skytower,
East Wing, Dolmen City,
Abdul Sattar Edhi Avenue, HC-3, Block 4, Clifton,
Karachi
Disclosure of price sensitive / inside information by listed company.
Public disclosure of price sensitive / inside information, which directly concerns the listed securities.
We are pleased to announce that TPL Trakker Limited ("TPLT") has entered into a Memorandum of Understanding with Exelligent Solutions and Geospatial Planning Solutions to be the exclusive distributor of Satellite Imagery of Pakistan. 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.
The company has duly caused this form / statement to be signed / on its behalf by the undersigned hereunto duly authorized.
Danish Qazi
Company Secretary
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TPL Trakker Limited published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 04:33:02 UTC.
TPL Trakker Limited is an asset tracking industry, which is engaged in providing Internet of Things (IoT) solutions. Its principal activities include installation and sale of tracking devices, vehicle tracking and fleet management. Its solutions include vehicle tracking, container tracking, bike tracking, cold chain monitoring, fuel monitoring systems, genset monitoring, automated fuel management system, dispatch solutions, vehicle video surveillance, analytics, and driver behavior monitoring. Its bike tracker offers a range of features that include tracking replay, location tracking, and trip movement which have been integrated into a portal-MyTrakker and in the TPL Trakker Mobile App. Its dispatch solutions provide a vital link between dispatchers and field personnel whilst enabling its customers to enhance business efficiency and productivity. It serves industries, such as oil and gas, logistics and distribution, construction and heavy equipment and fast-moving consumer goods.