All E Technologies Limited — Important, 09-04-2025: Disclosure of material issue
All e Technologies Limited has incorporated a 100% owned subsidiary, ALLETEC ME - FZCO, in Dubai, UAE, effective April 8, 2025. The subsidiary has been established with a share capital of AED 50,000, divided into 5,000 shares priced at AED 10 each, and is positioned within the digital transformation sector, focusing on Microsoft Business Applications and IT Services.
This development aims to enhance the company’s market share and presence in the Middle East, aligning with its long-term strategic goals. The move is expected to create new opportunities for growth within the region. ALLETEC ME - FZCO is currently not operational and has no turnover, but its establishment marks a significant step forward for All e Technologies in broadening its footprint internationally. Investors should monitor this development as it may provide growth potential and competitiveness in the expanding Middle Eastern market.
