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Big News from Crescent Star Insurance!

Crescent Star Insurance Limited (PSX:CSIL) is strategically charting a course for the future, focusing on optimizing investment returns and diving into the exciting world of digital assets!

Our Board has approved a strategic review of CSIL’s investment in SG Power Limited (SGPL) to ensure maximum returns. Simultaneously, we’re excited to announce the activation of Crescent Star Technologies (CST), our wholly-owned subsidiary, through a proposed joint venture with SGPL.

Under this innovative arrangement, SGPL is set to acquire a 51% equity stake in CST, with CSIL retaining 49%. This collaboration will empower CST to develop a detailed proposal for the Pakistan Virtual Assets Regulatory Authority (PVARA) and other relevant bodies, aiming to undertake cutting-edge digital and virtual asset-related activities.

This move underscores our commitment to innovation and growth in the evolving financial landscape. Stay tuned for more updates as we embark on this exciting digital journey!

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