Key Details of Subsidiary

  • Name: Titan Company Canada Inc.
  • Country of Incorporation: Canada
  • Date of Incorporation: 27th October 2026
  • Share Capital: 5000 Canadian Dollars
  • Business Focus: Jewellery retailing and other lifestyle businesses
  • Ownership Structure: 100% owned by Titan Company Limited, making it a wholly-owned subsidiary

Transaction Details

  • Consideration Type: Cash subscription
  • Investment Amount: Not exceeding 5000 Canadian Dollars
  • Percentage Holding: 100% shares held by Titan Company Limited
  • Related Party Transaction: Not applicable as this is an incorporation of a new subsidiary

Financial and Operational Impact

  • Turnover/Size Impact: Not applicable as this is a newly incorporated company
  • Timeframe for Completion: Not applicable (incorporation already completed)
  • Business Alignment: The subsidiary's business falls within Titan's main line of business (jewellery retail and lifestyle)