Exhicon Events Media Solutions’ board has approved the acquisition of 51% shares of M/s Maple Heights Business Center, and also signed an initial Memorandum of Understanding (MOU) in this regard on May 21, 2023. Consequent to the acquisition of aforesaid 51% equity stake, the company's holding in M/s Maple Heights Business Center will be 51% upon completion of all formalities of acquisition, the said entity will become subsidiary of Exhicon Events Media Solutions with holding of 51% equity stake.
This acquisition will mark company’s step towards facilitating the foreign exhibitors and exhibition organizers organizing and exhibiting in UAE Exhibitions specially at Dubai World trade Centre as the Business Centre is on a walking distance from this largest Event Venue of the region, this acquisition will also create growth of Exhicon’s diversified services offerings to its clients in United Arab Emirates and mark its entry into one of the biggest Exhibition and trade fair Markets in the United Arab Emirates.
Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
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