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Globus Spirits invest 10,000 AED in its UAE subsidiary

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Towards initial subscription money

Globus Spirits announced that the Company had formed a Wholly owned subsidiary in the name of Globus Trade Bay in the offshore zone of the Emirate of Ras Al Khaimah, United Arab Emirates. Subsequently, the Company has invested 10,000 AED in its wholly owned subsidiary vide dated 09 February 2015 towards initial subscription money required in forming of the said WOS.

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First Published: Feb 10 2015 | 11:34 AM IST

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