Economy Local 2025-11-18T10:17:07+00:00

To Point Zero Group completes capital increase procedure

To Point Zero Group (formerly Multipley Group) announced the completion of a procedure to increase its capital by 23.4 billion shares. The acquisition of assets and rebranding to To Point Zero Group PJSC has also been finalized.


To Point Zero Group completes capital increase procedure

The company stated in a disclosure to the Abu Dhabi Securities Exchange that it has completed the procedures for acquiring all shares of IHC Food Holding and all shares of IHC for managing companies in Food Holding, as well as all shares of the capital of To Point Zero Holding RSC Ltd. It also added that the procedures to change its commercial name to 'To Point Zero Group PJSC' and to change the trading code on the Abu Dhabi Securities Exchange website to (2PointZero) have been completed. Abu Dhabi: 'Al Khaleej' announced that To Point Zero Group (formerly known as Multipley Group) has completed the procedures to increase its capital by issuing and listing 23.4 billion new shares in its capital. In turn, the company confirmed