BLS International Services Limited — JV/Acquisition, 10-04-2025: Acquisition

BLS International FZE is acquiring 99.90% of BLS VENTURES S.R.L. for DOP 99,900, making it a wholly owned step-down subsidiary. This acquisition, anticipated to close by April 14, 2025, enables BLS International to expand its operations in visa management, e-government, and biometrics in the Dominican Republic. With a turnover of approximately DOP 51.12 crore, the move is strategically aimed at enhancing market presence and operational capabilities. Shareholders can expect potential growth and value enhancement as the new entity ramps up its business activities.