Systems Limited (KASE:SYS) entered into a definitive agreement to acquire National Data Consultant (Pvt.) Ltd. (NdcTech) on May 10, 2022. Under the agreement, Systems Limited will acquire 100% shares of NdcTech, along with its subsidiaries/associated companies in UAE and Singapore. Post-transaction NdcTech will continue to operate as an independent entity and a subsidiary of Systems Limited with Ammara Masood as its Chief Executive Officer. The acquisition is conditional on receiving regulatory approvals over the next few weeks and final approval by Board of Directors of Systems Limited.

Systems Limited (KASE:SYS) completed the acquisition of National Data Consultant (Pvt.) Ltd. (NdcTech) on July 5, 2022.