Trident Limited — Important, 14-01-2025: General Updates

Trident Limited's wholly-owned subsidiary, Trident Group Enterprises Pte. Ltd., has acquired 100% of THTL Trading L.L.C., a company based in Dubai that was incorporated in June 2024 but has yet to commence operations. The acquisition, valued at AED 38,500, is aimed at diversifying Trident's business portfolio and exploring global market opportunities. With this move, THTL Trading becomes a wholly-owned subsidiary of Trident Group Enterprises, and hence, a step-down subsidiary of Trident Limited. This strategic expansion could enhance Trident's presence in the international market and potentially open new avenues for growth in the future. Investors should view this as a positive outlook for Trident’s long-term strategic goals.