BST Group Announces Strategic Leadership Change, Dr. Farooq Abdal

Acquires Equity from
Mr. Iqbal Khokar
As BST Group prepares for its next phase of growth, significant leadership changes have been
announced. Dr. Farooq Abdal, a key figure within the company, has acquired the equity of Mr.
Iqbal Khokar, marking a strategic shift. This follows Mr. Khokar’s decision to exit BST Group to
focus on other ventures.

Mr. Iqbal Khokar’s strategic contributions have been invaluable. His insights and leadership have
been pivotal in BST Group’s rise in the industry. Under his guidance, the company launched several innovative businesses. Mr. Khokar’s departure is driven by his engagement in other
projects. While his exit marks the end of an era, it also signifies a new chapter for BST Group under Dr. Farooq Abdal’s leadership.

Dr. Abdal, a driving force behind BST Group’s vision, will now fully steer the company towards its
ambitious goals. His acquisition of Mr. Khokar’s equity reflects his deep commitment to the
company’s future. Dr. Abdal’s leadership is expected to bring renewed energy and focus to BST

Expressing his gratitude, Dr. Abdal stated, “Mr Iqbal has been a cornerstone of BST Group’s success. His vision and dedication have laid a solid foundation for us to build upon. However.
things aren’t changing much as I was and always was at the forefront of BST.”
Looking ahead, BST Group remains focused on launching new businesses such as Blue Fashion,
Safex (Crypto Exchange), Blue Sapphire Travel, BST Bank, BST Metaverse, BST Games, and BST
Wealth Management. With Dr. Abdal at the helm, the company is well-positioned to expand its market reach and drive Web3 technology adoption.

As BST Group evolves, Mr. Khokar’s contributions will always be remembered.

The company extends its best wishes to Mr. Khokar in his futuristic ventures

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