Key Details of Subsidiary Incorporation

  • Kabra Extrusiontechnik Limited incorporated Geon International FZ-LLC as a wholly owned subsidiary on October 5, 2026
  • The subsidiary is registered as a Free Zone Limited Liability Company in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates
  • This follows board approval received on September 5, 2026 (Ref. No. KET/SEC/SE/2026-27/39)

Financial Details

  • Share capital: AED 3,900,000 (Three Million Nine Hundred Thousand UAE Dirhams)
  • Share structure: 3,900 shares of AED 1,000 each
  • Entire share capital subscribed by Kabra Extrusiontechnik Limited through initial subscription
  • Consideration method: Cash investment
  • Current turnover: Nil (newly incorporated entity)

Business Purpose and Objects

  • Serves as an intermediary holding company for the Company's international business operations
  • Will hold the Company's proposed subsidiary in Vietnam that will establish a manufacturing facility for battery packs
  • Authorized business activities include:
  • Trading in batteries (liquid and dry)
  • Trading in used auto spare parts and requisites
  • Investment in, establishment and management of commercial enterprises

Regulatory Approvals

  • Incorporation approved by the Ras Al Khaimah Economic Zone Authority (RAKEZ)
  • No related party transactions involved - this is a wholly owned subsidiary incorporation

Ownership Structure

  • 100% ownership by Kabra Extrusiontechnik Limited
  • Wholly Owned Subsidiary status confirmed

Entity Background

  • Date of incorporation: October 5, 2026
  • Location: Al Hulaila Industrial Free Zone, Ras Al Khaimah, UAE
  • No historical financial data available (new entity)