Ethos Limited — Important, 18-04-2025: General Updates
18-04-2025 | 01:19 pm
18-04-2025 | 01:19 pm
Ethos Limited has incorporated a wholly owned subsidiary named FICUS TRADING LLC in Dubai. This strategic move aims to expand the company's footprint in international markets, particularly within the GCC region, aligning with its core business in watches, clocks, and spare parts trading. The initial paid-up capital of AED 300,000 will be divided into 300 shares of AED 1,000 each, signifying a complete ownership stake. As a newly formed entity, FICUS TRADING LLC does not yet have historical turnover. This development sets a positive outlook for Ethos Limited as it seeks growth opportunities beyond its current market presence. Investors should watch closely for how this expansion could influence the company's overall performance.
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