Glottis Ltd Incorporates Wholly Owned Subsidiary in Malaysia

Glottis Limited has successfully incorporated a wholly owned subsidiary in Malaysia, named "Glottis Logistics SDN. BHD.". The incorporation, effective September 7, 2026, aims to expand the company's business operations, particularly in the freight forwarding and logistics support services sector. The subsidiary has an initial paid-up capital of RM 1,000, with Glottis Limited subscribing 100% in cash. While the subsidiary is a related party, promoters and promoter groups have no interest beyond the company's ownership. This move is expected to strengthen Glottis Limited's footprint in the freight forwarding segment.