Zuma Resources sets up wholly owned UK subsidiary
MG News | September 21, 2026 at 11:20 AM GMT+05:00
September 21, 2026 (MLN): Zuma Resources Limited has set up a wholly
owned subsidiary in the United Kingdom, Zuma Global Ltd, to expand its
technology and global connectivity business in international markets, and the
new unit is moving towards launching SIM and digital connectivity operations in
the UK.
The company said the UK operations would be delivered
through the group's global connectivity solutions, including its eSIM
marketplace, sim.market.
Zuma Global was incorporated in England and Wales on
September 18 as a private limited company, with Sohaib Anwar named as its
director.
Zuma Resources holds all 100 ordinary shares of the
subsidiary, each with a nominal value of £1, making for fully paid share
capital of £100.
The company said formal regulatory engagement with
the Office of Communications (Ofcom), the UK's communications regulator, has
been initiated for digital and physical SIMs powered by sim.market.
It has also taken steps to align its operations,
customer framework and digital platforms with UK regulatory and
consumer-compliance requirements, it added.
The UK operations are intended to offer eSIMs,
physical SIMs and other connectivity solutions to customers through the
company's technology platforms.
The company said the UK is expected to serve as an
important market and operating base for its international expansion, and that
it plans to introduce and market its SIM and related digital services
progressively, subject to regulatory, commercial and technical requirements.
The aforementioned information was disseminated through
a notification to Exchange.
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