Incorporation of Geon International FZ-LLC as a wholly owned subsidiary in UAE's RAKEZ

Kabra Extrusiontechnik has incorporated Geon International FZ-LLC in Ras Al Khaimah, UAE on 5 October 2026, as a 100% wholly owned subsidiary.

Tue 6 Oct 2026

Incorporation Date

5 October 2026

Share Capital

AED 3,900,000 through 3,900 shares of AED 1,000 each, cash

Ownership

100% wholly owned subsidiary

What the update says

Kabra Extrusiontechnik has incorporated a wholly owned subsidiary in the name of Geon International FZ-LLC, a Free Zone Limited Liability Company, in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates, on 5th October 2026. The Board had approved the proposed incorporation of a wholly owned subsidiary in the UAE on 5th September 2026.

Key facts

• Holding: 100% wholly owned subsidiary of the Company
• Share capital: AED 3,900,000, made up of 3,900 shares of AED 1,000 each, entirely subscribed by the Company as initial subscription
• Consideration: cash
• The incorporation is approved by the Ras Al Khaimah Economic Zone Authority (RAKEZ)
• Presence of the entity: Al Hulaila Industrial Free Zone, Ras Al Khaimah, UAE, under the jurisdiction of RAKEZ
• Turnover: Nil, as the entity has been newly incorporated

What the new entity will do

The update states the subsidiary will act as an intermediary holding company in the UAE for the Company's international business. It is intended to hold the Company's proposed subsidiary in Vietnam, which will set up a manufacturing facility for battery packs. Its licence also covers trading in batteries (liquid and dry), used auto spare parts and requisites, and investment in, establishment and management of commercial enterprises.

How to read this

This is an intimation that the incorporation is done, following the September board approval for a UAE subsidiary. The money involved is the initial subscription of AED 3,900,000 towards share capital, and the Company holds the entire 100% of the new entity. The new entity itself is newly incorporated with turnover of Nil, and the Vietnam subsidiary and its battery-pack manufacturing facility are described as proposed activities, so the operational build-out is a step that lies ahead.

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