Bluspring Enterprises Establishes Wholly-Owned Subsidiary in UAE
Bluspring Enterprises Limited announced the incorporation of a new wholly-owned subsidiary, Bluspring Middle East Contracting L.L.C - S.P.C, in Abu Dhabi, UAE. The subsidiary was incorporated on April 3, 2026.The new entity is positioned to pursue business opportunities in the Industrial, Telecom and Infrastructure, maintenance and services business sector within the UAE. This establishment aims to facilitate both organic and inorganic business growth within that sector.
The incorporation details for the subsidiary were reviewed, revealing key structural and operational aspects of the new venture.
According to the details provided, the subsidiary, Bluspring Middle East Contracting - L.L.C - S.P.C, holds the License Number CN-6438448. It possesses an Authorized Capital of AED 300,000, which is structured into three thousand (3000) shares, with each share valued at AED 100.
The transaction involves the Company taking 100% ownership of the subsidiary's share capital through a 100% subscription in cash.
| Particulars | Details |
|---|---|
| Name of Entity | Bluspring Middle East Contracting - L.L.C - S.P.C |
| License Number | CN-6438448 |
| Authorized Capital | AED 300,000 |
| Structure | 3000 shares of AED 100 each |
| Ownership Percentage | 100% |
| Industry Sector | Industrial, Telecom and Infrastructure, maintenance and services business sector in the UAE |
| Incorporation Date | April 3, 2026 |
The promoters and the promoter group of Bluspring Enterprises Limited do not have an interest in this transaction, which establishes the subsidiary as a wholly-owned entity of the Company. The Company indicated that no governmental or regulatory approvals were required for this setup.
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