World

Austin Pest Control – A Detailed Analysis on Types of Pests and Cures

Published

4 years ago

October 31, 2021

Warmth and comfort are the main attractions of Austin, Texas. But sadly, this attraction is not limited to humans. Numerous pests and insects also call Austin their natural habitat. Owing to the vast variety of pests found here, it is always advisable to employ the services of an experienced Austin pest control company.

However, preventing pests in the first place is better than evacuating them afterward. This is because once infested, pests like ticks and fleas, bed bugs, and rodents are very difficult to eradicate.

The simplest way to keep pests away is by practicing hygiene, both personal and surrounding. Make sure your household is clean and devoid of waste, sewage leak, or standing water.

The common types of pest control services in Austin include:

General pest control
Mosquito control
Rodent control
Termite control
Bed bug control

Apart from the above list, large rodents, fire ants, carpenter ants, and other rare pests also need to be evacuated.

Precautions to Take During and After Pest Control

The mode of operation for the control of different pests varies considerably. Principally, it consists of removing the pest from the area of infection and clearing the surrounding areas to prevent future infestation.

Termite control is the toughest to achieve since it spreads quickly. Special care should be taken at the time of operation so that terminates do not travel to other locations.
Follow-up actions are necessary in most cases for the effective removal of pests from your property.

Before employing chemical methods to eradicate pests, Austin pest control companies try to get rid of the pests in traditional ways. Keeping food sources airtight is one method. Also smoking the interiors and trapping pests outside is another method.

Only when all the traditional methods fail should pest control be carried out using chemical pesticides. Still, the pesticides used will be well within the allowable Austin standards.

Chemical disinfecting requires expert Austin pest control companies to carry out the process. The chemicals are administered in a very cautious fashion to minimize side effects.

However, chemical options give better and prolonged results. The follow-up required is also minimum. This method makes certain that your property will be pest-free for a considerable duration.

The most important thing to remember is that pest control should not lead to environmental issues. Using high-quality tools and chemical deposits are essential in maintaining the balance of nature. So, choose the services of the best Austin pest control companies for your property.

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

1 week ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.