GRM Overseas acquires GRM ARABIA FZCO
The objective of acquisition is to establish a distribution and marketing hub in the UAE
GRM Overseas has acquired GRM ARABIA FZCO, a company registered with the Company Regulations of the Dubai Multi Commodities Centre Authority and it becomes a 100% wholly owned subsidiary of the company. The objective of acquisition is to establish a distribution and marketing hub in the United Arab Emirates (UAE) for catering to customers in the UAE and nearby international markets, including trading, importing, exporting, and distribution of rice, food grains, and related food products. Th cost of acquisition is 50,000 AED (Arab Emirates Dirham).
GRM Overseas is presently engaged in the business of processing and sale of rice.
