Latest news with #WOS


Borneo Post
6 hours ago
- Health
- Borneo Post
Spa's ‘Women of Strength' initiative lauded for advocating female empowerment
(Standing, from second left) Debbie, Salmah, Fatimah, Then and others gather for a group photo, taken after the launch of Attiya Spa's latest branch. SIBU (July 6): Minister for Women, Childhood and Community Wellbeing Development Dato Sri Fatimah Abdullah has lauded the 'Women of Strength' (WOS) initiative taken by Attiya Spa to empower women, especially those from the B40 (low-income) group. She regarded it as being line with the ministry's, and also Sarawak Women and Family Department (JWKS)'s intention of enabling women to generate income not just to provide for their families, but also for them to come out of poverty. Under the initiative, Attiya Spa provides free massage training programmes, with the participation targeted at underserved women, especially those in the rural areas. 'At the same time, this initiative enables women to be financially independent and live a life of dignity and respect. 'Often, when a corporate body starts a chain like this, they prioritise profits. 'But Attiya is leading by example giving focus and attention to those who are at disadvantage and the needy segment of our society. 'Their effort is in line with Sarawak government's intention of ensuring that the Sarawak people would have strength in economy, and that the vulnerable groups are always given attention and are never marginalised,' she said when officiating at the opening of Attiya Spa third branch here today. Established in 2019 in Kuching, Attiya Spa also has a branch in Kota Kinabalu, Sabah. The Muslim-friendly spa is rated five stars by the Ministry of Tourism, Arts and Culture (Motac). Adding on, Fatimah suggested for the spa to open branches in Miri and Bintulu. Meanwhile, Attiya Spa founder Dr May Then said the goal was to equip women with practical, income-generating skills, so as to create pathways to employment and support them in achieving financial independence. 'The WOS initiative is part of our commitment to social responsibility providing women, especially those from underserved backgrounds, with an opportunity to gain valuable experience and enter the wellness industry with confidence. 'Some participants may go on to join Attiya Spa as therapists, while others may use their new skills to pursue careers locally or abroad,' she said in her speech earlier. Among those present were JWKS director Salmah Jobeli, Motac Sarawak director Debbie Jenggut Nyelang and Sibu Labour Office industrial relations officer Hasimah Ahmad. Attiya Spa empowering women fatimah abdullah


Business Standard
17-06-2025
- Business
- Business Standard
Imagicaaworld Entertainment incorporates WOS, Imagicaa Next
Imagicaaworld Entertainment announced that it has incorporated a wholly owned subsidiary (WOS), Imagicaa Next, on 16 June 2025. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on the same day. Imagicaa Next will operate in the recreation and entertainment sector, offering services including entertainment, edu-tainment, phygital activities, and indoor entertainment. The subsidiary was incorporated with an initial paid-up share capital of Rs 1,00,000, consisting of 10,000 equity shares of Rs 10 each, fully subscribed in cash. With this, Imagicaaworld Entertainment becomes the holding company of Imagicaa Next. Imagicaaworld Entertainment owns and operates India's leading theme and water parks, including Imagicaa, WetnJoy, SaiTeerth, and Aqua Imagicaa at various locations. The companys consolidated net profit jumped 44.9% to Rs 15.16 crore on a 66.7% rise in revenue from operations to Rs 94.40 crore in Q4 FY25 over Q4 FY24. The counter rose 0.95% to Rs 70.14 on the BSE.


Business Standard
13-06-2025
- Business
- Business Standard
Jyoti Resins incorporates new WOS, Jyoti Social Welfare Foundation
Jyoti Resins & Adhesives announced that it has incorporated a wholly owned subsidiary (WOS) named Jyoti Social Welfare Foundation. Jyoti Social Welfare Foundation has been established under Section 8 as a not-for-profit company. Its activities include education and coaching, healthcare and medical research, environmental and management training, CSR activities, and rural and agricultural development. The subsidiary has been set up with an initial paid-up and authorized share capital of Rs 1 lakh, with Jyoti Resins & Adhesives holding 100% equity ownership in the entity. While the foundations operations are yet to commence. Jyoti Resins and Adhesives is in the business of manufacturing high-grade synthetic wood adhesives with its EURO7000 brand. The company has a huge plant with the capacity of 2000 tons/month. The company's standalone net profit rose 5.4% to Rs 19.78 crore on a 10.3% jump in net sales to Rs 78.61 crore in Q4 FY25 over Q4 FY24. The counter shed 0.44% to Rs 1,349.55 on the BSE.


Business Standard
29-05-2025
- Business
- Business Standard
Aurobindo Pharma arm incorporates WOS in Netherlands
Aurobindo Pharma said that its wholly owned subsidiary, Curateq Biologics has incorporated a new wholly owned subsidiary (WOS) in the Netherlands by the name of CuraTeQ Biologics B.V. The purpose of the incorporation of this wholly owned subsidiary is to expand the Biopharma Products business in Europe. The company has subscribed to an initial share capital of Euro 10,000, divided into 10,000 shares with a nominal value of Euro 1.00 each. Aurobindo Pharma is an integrated global pharmaceutical company headquartered in Hyderabad, India. The company develops, manufactures, and commercializes a wide range of generic pharmaceuticals, branded specialty pharmaceuticals and active pharmaceutical ingredients globally in over 150 countries. The companys consolidated net profit fell 0.6% to Rs 903.47 crore despite a 11.9% jump in net sales to Rs 8,381.12 crore in Q4 FY25 over Q4 FY24. The scrip declined 3.61% to end at Rs 1,147.95 on the BSE.


Arabian Business
23-05-2025
- Business
- Arabian Business
Financial Services
The Dubai bank will be treated on par with local banks after establishing a WOS; It will be allowed to list on Indian stock markets, and acquire other companies