BLS International Services Limited — JV/Acquisition, 03-01-2025: Acquisition

BLS International FZE has subscribed to 100% share capital of BLS International Jordan, amounting to JOD 5,000, thereby making it a wholly-owned step-down subsidiary. This strategic move aims to expand BLS's footprint in the visa and passport processing sector, capitalizing on operations in Jordan. With no regulatory approvals required and the acquisition financed entirely through cash, it is positioned to streamline operations and enhance market presence in the region, potentially unlocking further growth opportunities for shareholders.