Trident Group Acquires Entire Stake in THTL Trading L.L.C.

Trident Group Enterprises Pte. Ltd., a wholly owned subsidiary of Trident Ltd, has acquired the entire shareholding of THTL Trading L.L.C., a limited liability company incorporated in Dubai, UAE, on January 14, 2025.
The acquisition, valued at AED 38,500, is a strategic move to diversify and expand Trident’s global operations and explore future business opportunities. THTL Trading L.L.C., which was incorporated on June 25, 2024, has yet to commence its business operations.
The acquisition is not a related party transaction, and the company intends to use the acquisition to employ talent and enhance its business activities. With this acquisition, THTL Trading L.L.C. becomes a wholly owned subsidiary of Trident Group Enterprises Pte. Ltd. and a step-down subsidiary of Trident Ltd.
No regulatory approvals were required for this acquisition, and it is expected to help Trident strengthen its position in the global market for blankets, towels and linen trading.