Sellwin Traders Ltd — Important, 21-08-2025: Company Update

Sellwin Traders Limited has signed a Memorandum of Understanding with Dubai-based Global Market Insights IT Service LLC. This strategic partnership involves Sellwin acquiring over 50% equity in GMIIT, making it a subsidiary. The collaboration aims to expand GMIIT's IT services, market research, and consulting operations across the Gulf region. Sellwin will also gain the right to appoint majority directors to GMIIT's board. This move signifies Sellwin's foray into the growing IT services domain, leveraging GMIIT's expertise in areas like AI, Blockchain, and Cybersecurity, potentially opening new growth avenues for the company.