BLS International Services’ wholly owned subsidiary -- BLS International FZE has entered into share transfer agreement to acquire 99% equity shares of Balozi Liaison Services, a company incorporated under the law of Egypt, consequent to the said acquisition of shares in share capital of Balozi Liaison Services, Egypt, it will become a step down subsidiary of the company.
The step down subsidiary shall inter- alia deal in the existing range of business. The acquisition will be completed on or before July 31, 2024.
BLS International Services is a part of the four decades old BLS Group with a global presence and diversified range of services in polymers and petrochemicals, education, electronics, asset management, visa processing and management consulting.
