Sat Industries’ wholly owned subsidiary - Italica global FZC, Ajman, UAE, has decided to purchase the assets and liabilities of company’s another wholly owned subsidiary - Sat Middle East FZC. The board of directors of both subsidiary companies have approved for the same.
Consequent upon this Sat Middle East FZC ceases to be a wholly owned subsidiary of the company with effect from December 31, 2017.
Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.
