KAPHS through its interest in CTV Middle East (RAK Freezone Co) will assemble Valves for the Water Sector and will cater to the infrastructure projects in the region.
Kaphs SA wishes to proudly announces the recent acquisition of Lisus Brand along with M/s Lisus Technology Private Limited, world wide this day, the 16th March 2016, as a fully owned subsidiary of Kaphs SA and the latest terms of agreement have been now uploaded into Accounting and Corporate Regulatory Authority, Republic of Singapore, subsequent to which appropriate notification have been dispatched to all relevant authorities where ever Lisus has been registered across the Globe.
United by a common business culture across the Kaphs Global forum, the acquisition makes Lisus the forerunner in the Architectural Hardware market , enhancing the company¹s future growth and performance. Lisus Technology Private Limited brings in excellent products and an established, consumer base which we can readily approach
The acquisition agreement has now been authenticated by the Board of Directors through appropriate Board Resolutions by our Company Secretary, which includes replacment of existing Directors and Shareholders with that of our own.
Kaphs SA now owns 100% of Lisus world wide