Kaya’s step down subsidiary -- Kaya Middle East FZE (KME FZE) has acquired a 100% equity stake in Kaya Beauty Clinic - Sole Proprietorship LLC (KBC LLC), a company operating clinics in Al Ain, UAE. Pursuant to the recent changes in regulations which have liberalized foreign ownership, foreign companies can now have 100% ownership in the UAE. Therefore, KME FZE acquired KBC LLC.
Earlier, KME FZE had contractual arrangements in place in respect of the business carried out by KBC LLC (as a sole establishment of the UAE national owner). KME FZE was already operating and obtaining full benefits from the operations and business of KBC LLC.
Kaya is a chain of skin care clinic offering various skin care services and beauty treatment.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 7699.05 |
| Max Healthcare Inst | 1006.90 |
| Narayana Hrudayalay | 1825.55 |
| Aster DM Healthcare | 688.30 |
| Global Health | 1089.55 |
| View more.. | |
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