January 06, 2026 (MLN): Intermarket Securities Limited (PSX: IMS) approved the incorporation of a wholly owned subsidiary and a Rs150m investment in AFT Japan Co., Ltd., subject to applicable regulatory approvals.

The newly proposed subsidiary, to be named AFT Pakistan or any other available name, is planned to operate in the automobile trading business through IT-enabled platforms.

The approved investment in AFT Japan Co., Ltd. will be made through this subsidiary, in continuation of an earlier decision dated September 02, 2025.

These approvals were granted at the company’s board meeting held on January 05, 2026, according to the revealed today.

The company also clarified that the associated company’s name was previously mentioned incorrectly as ATF Japan Co., Ltd., which has been corrected to AFT Japan Co., Ltd.

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