IHC, a global investment company focused on building dynamic value networks, today announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations. The company will also become part of IHC\u2019s newly formed financial services investment platform, Judan Financial, supporting the group\u2019s broader growth ambitions in the sector. Gagan Banga, CEO and Managing Director of Sammaan Capital, said the partnership marks a new phase for the company, bringing capital strength and long-term alignment to support future growth, expand its reach, and continue delivering value to customers and stakeholders.<\/p>\n
SPARK, formerly known as SRTIP, was established in 2016 by the emirate\u2019s ruler, Sheikh Dr. Sultan bin Mohammed Al Qasimi, and to date has over 7,500 companies registered under it, from healthcare to advanced manufacturing. The aim is to equip participants with the skills needed to adopt and scale AI solutions in real-world settings. \u201cThere are many who want to do things in the UAE but cannot come here, so we want to create a platform to allow them to be part of this.\u201d<\/p>\n
Stake DAO is a new multi-service DeFi platform built by the community which leverages the entire DeFi ecosystem to give users access to the most effective investment strategies. Whether you\u2019re into slots, table games, or live dealer options, Stake.com\u2019s mobile platform has it all. Meanwhile, HDFC Mutual Fund (MF), the Singapore government and the Monetary Authority of Singapore have collectively bought shares of the supermarket chain. The company noted in its filing that all requisite regulatory approvals have been received for the acquisition of approximately 41.5 per cent stake on a fully diluted basis. An additional \u20b93,198 crore, or around $338 million, is expected to be infused over the next 18 months upon conversion of warrants into fully paid equity shares. Being able to actually own a stake in a property with just a button, literally like you\u2019re shopping for a property, that\u2019s a really cool concept honestly\u201d<\/p>\n
Following the completion of all stages, IHC will be classified as a promoter of Sammaan Capital, reinforcing its strategic expansion into India\u2019s financial services sector. In addition, a mandatory tender offer will be launched to acquire up to 26 per cent of the company\u2019s expanded share capital from public shareholders, in compliance with Indian securities regulations. Abu Dhabi-based International Holding Company has announced it has received \u201call requisite regulatory approvals\u201d to acquire a majority stake in Sammaan Capital, an Indian private housing finance company, for a total transaction value of Dh3.6 billion. The current CoinMarketCap ranking is #1345, with a live market cap of $3,486,122 USD.<\/p>\n
\u201cThe reality of the physical market disruption is really hard to ignore,\u201d said Ben Cahill, director for energy markets and policy at the University of Texas at Austin. The war involving Iran is entering a far more dangerous phase for the global economy, with energy markets now bracing for a potential strike on Kharg Island \u2014 Tehran\u2019s main oil export hub \u2014 that analysts warn could trigger a full-scale supply shock within weeks if the conflict intensifies further. The nation of 175 million people relies on imports for about 95% of its energy needs and is scrambling to secure supplies as state-run agencies turn to volatile global markets. With IHC\u2019s scale, long-term perspective, and strategic support, we are well positioned to accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.\u201d The acquisition aligns with IHC\u2019s strategy of investing in category-defining platforms with strong governance, clear paths to scale, and the ability to generate long-term, sustainable value across global markets.<\/p>\n
He explained the Park\u2019s high-performance computing facilities, like the Sharjah Open Innovation Lab (SOILAB), as well as its network and relationship with outside partners will allow it to help provide companies with the support they need to grow. A new AI Hub has been launched in Sharjah aimed at accelerating AI adoption and will bring together infrastructure, partnerships and expertise into one ecosystem that supports companies looking to grow. Defence planners increasingly view the island as a decisive pressure point if tanker traffic through Hormuz remains constrained \u2014 a step that could remove 1.5 to 2 million barrels per day of Iranian exports from global markets almost overnight. Disruptions that began in South Asia are already spreading across wider energy markets, according to Wael Sawan, chief executive of Shell. The acquisition of Peko Holdings further strengthens IHC\u2019s global portfolio and reinforces its commitment to backing businesses that enable economic participation, operational efficiency, and sustainable growth across diverse markets.<\/p>\n
We see strong potential for Peko to scale regionally and globally, particularly as AI becomes increasingly embedded in enterprise operations.\u201d This acquisition strengthens our digital services portfolio and advances our strategy of building integrated value networks across high-growth sectors. The transaction, valued at approximately $1 billion (Dh3.6 billion), will see the remaining stake acquired through share warrants over an 18-month period. The Abu Dhabi investment firm will have rights to appoint a majority of Sammaan Capital\u2019s board and play an active role in its stake app<\/a> strategic direction following the acquisition, which will amount to approximately 41.5 per cent.<\/p>\n Currently, IHC holds a 26.9 percent stake in the financial company, and the transaction will be executed in multiple stages in accordance with applicable Indian regulations, IHC said in a disclosure on the Abu Dhabi Securities Exchange, where it is listed. These entities purchased more than 29.42 crore shares or a 6.3 per cent stake in VMM at an average price of \u20b9117 per share, taking the aggregate value to \u20b93,443.17 crore. According to the bulk deal data on the National Stock Exchange (NSE), Samayat Services LLP sold a total of 65.25 crore equity shares in two tranches, representing a 13.96 per cent stake, in Gurugram-based Vishal Mega Mart.<\/p>\n Spare global production capacity \u2014 estimated at only 3 to 4 million barrels per day \u2014 is far too limited to offset a prolonged disruption at Hormuz. Energy economists say the current crisis differs from previous oil shocks because it is being driven less by production shortages and more by transport bottlenecks at one of the world\u2019s most critical energy chokepoints. Any attempt to disable or seize the island could sharply tighten global supply and send prices surging almost immediately.<\/p>\n","protected":false},"excerpt":{"rendered":" Vishal Mega Mart promoter entity sells 14% stake for 7,635 cr IHC, a global investment company focused on building dynamic value networks, today announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations. The company will […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214],"tags":[],"class_list":["post-24516","post","type-post","status-publish","format-standard","hentry","category-rajmarketing-co-in2"],"_links":{"self":[{"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/posts\/24516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/haywire.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24516"}],"version-history":[{"count":1,"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/posts\/24516\/revisions"}],"predecessor-version":[{"id":24517,"href":"http:\/\/haywire.pl\/index.php?rest_route=\/wp\/v2\/posts\/24516\/revisions\/24517"}],"wp:attachment":[{"href":"http:\/\/haywire.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/haywire.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24516"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/haywire.pl\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}