Subsidiary21 Jul 2026, 08:01 pm
Trident Ltd Incorporates New Wholly Owned Subsidiary
AI Summary
Trident Ltd announced the incorporation of a new domestic wholly owned subsidiary (DWOS) approved by its Board. The subsidiary, yet to be named and incorporated, will focus on enhancing brand presence, driving sales, marketing, and business development initiatives for Trident products in overseas markets. The company will subscribe to 100% of the initial paid-up share capital in cash at face value. The Board also approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report.
Key Highlights
- Trident Ltd to establish a new wholly owned subsidiary.
- Subsidiary aims to boost overseas sales and marketing efforts.
- Company also approved Q1 FY27 unaudited financial results.
- Trident will hold 100% shareholding in the new entity.
Price Impact
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