DUDIGITAL GLOBAL LIMITED — Important, 12-12-2024: Committee Meeting Updates

Dudigital Global Limited's Finance and Investment Committee has approved an additional investment in the shares of its wholly owned subsidiary, Virtuworld Tourism LLC. The acquisition involves purchasing 500 shares at AED 1,000 each, bringing the total to 100% ownership. This move aims to expand service offerings in foreign markets, with a completion timeline of approximately 30 days.

This investment could enhance Dudigital's growth prospects in the visa processing sector, potentially boosting investor sentiment due to its strategic focus on international service expansion. Investors should consider the opportunity this presents against any inherent risks associated with international operations.