PDS Multinational FZCO Expands In UAE With New Subsidiary
PDS Multinational FZCO, a wholly owned step-down subsidiary of PDS Ltd in the UAE, has announced the incorporation of a new subsidiary, Simple Approach Trading FZCO, on January 20, 2025. This strategic move aims to expand the company’s business in the supply, distribution and marketing of apparel and consumer goods.
The newly formed entity, headquartered at Dubai Airport Freezone, has an issued share capital of AED 100,000 (Rs 23,55,903) and is 75% owned by PDS Multinational FZCO, with a total investment of AED 75,000 (Rs17,66,927.25).
Simple Approach Trading FZCO will play a pivotal role in broadening PDS Ltd’s footprint in the UAE market, focusing on leveraging its expertise in apparel and consumer goods distribution.
