02-Nov-2026 19:53:54
DREAMFOLKSAcquisition and merger
DREAMFOLKS : ETT SOLUTIONS DMCC STAKE BUY TIMELINE EXTENDED BY 180 BUSINESS DAYS
• Secondary purchase of ETT Solutions DMCC shares completed and registered with Dubai Multi Commodities Centre Authority • Shareholding of the company in ETT presently stands at 34% • Primary subscription to freshly issued shares of ETT still under process • Completion now expected to extend by an additional 180 business days beyond the previously extended timeline • Balance procedural and regulatory formalities yet to be concluded Impact: Neutral to Negative (deal closure pushed out further; full stake and any consolidation benefit remain pending)
Dreamfolks Services Limited
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