We wish to inform you that Wholly-Owned Subsidiary Company ("WOS") of M/s. Hazoor Multi Projects Limited ("the Company") in the name of the Hazoor Multi Projects UK LTD has been incorporated ....
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Hazoor Multi Projects Limited has incorporated a wholly-owned subsidiary named 'Hazoor Multi Projects UK Ltd' on 8th April 2025 in England and Wales, UK. The subsidiary will operate in the construction and real estate sector, focusing on commercial and residential buildings, roads, motorways, and other civil engineering projects. The company has subscribed to 100 ordinary shares at GBP 1 per share (nominal value), giving it 100% control. The new entity has not yet commenced operations and has nil turnover. The purpose is to leverage construction business opportunities in the UK, which is in line with the company's existing business.
This expansion into the UK market could open new revenue streams for shareholders, though near-term financial impact will be negligible since the subsidiary is newly incorporated and not yet operational. It's a small strategic step in geographic expansion rather than a transformative deal.