Prevest Denpro Invests AED 500,000 in Gulf Subsidiary

Prevest Denpro Ltd's Board of Directors has approved an investment of up to AED 500,000 in its wholly-owned subsidiary, Prevest Denpro Gulf General Trading LLC. This investment aims to expand the company's business operations in overseas markets. The subsidiary, based in the UAE, is involved in import, export, and general trading but has yet to commence business operations. The transaction is considered a related party transaction and will be conducted at arm's length, with completion expected by March 2028.