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Kaya’s arm acquires 99% stake in Kaya Skin Care clinic LLC

12 Jul 2023 Evaluate

Kaya’s step down subsidiary -- Kaya Middle East FZE (KME FZE) has acquired a 99% equity stake in Kaya Skin Care clinic LLC (KSC LLC), a company operating clinics in Ras AL Khaimah, UAE, pursuant to recent changes in regulations which have liberalized foreign ownership. The company has acquired a 99% stake in KSC LLC on July 11, 2023.

Earlier, the company’s step down subsidiary -- Kaya Middle East FZE (KME FZE) had acquired a 100% equity stake in Kaya Beauty Clinic LLC SP (KBC LLC), a company operating clinics in Sharjah, UAE. 

Kaya is a chain of skin care clinic offering various skin care services and beauty treatment.

Kaya Share Price

294.50 13.50 (4.80%)
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