Acquisitions30 Aug 2025, 12:41 pm
Asian Energy Services Ltd Completes Acquisition of Kuiper Holdings Limited
AI Summary
Asian Energy Services Ltd announced that its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC, has successfully completed the acquisition of 100% of the share capital of Kuiper Holdings Limited (Abu Dhabi Global Market, UAE) and Kuiper Group Limited (Cayman Islands). This acquisition was previously announced on April 18, 2025, when Asian DMCC entered into a Share Purchase Agreement (SPA) with Kuiper Holdings Limited and Kuiper Group Limited.
Key Highlights
- Asian Energy Services Ltd has completed the acquisition of Kuiper Holdings Limited and Kuiper Group Limited.
- The acquisition was completed by Asian Oilfield & Energy Services DMCC, a wholly owned subsidiary of the company.
- The acquisition was previously announced on April 18, 2025, when Asian DMCC entered into a Share Purchase Agreement (SPA) with Kuiper Holdings Limited and Kuiper Group Limited.
- The acquisition has been completed on August 29, 2025.
- The acquisition is a significant step for Asian Energy Services Ltd in its growth strategy.