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Lloyds Metals’ arm incorporates wholly owned subsidiary in Isle of Man
Sep-15-2026

Lloyds Metals and Energy’s wholly owned subsidiary -- Lloyds Global Resources FZCO (LGRF) has incorporated a wholly owned subsidiary namely ‘Vector Asset Holdings’ (Vector Asset) in the Isle of Man, Accordingly Vector Asset will be step-down subsidiary of the company.

The incorporation is intended to establish an appropriate holding structure for the Group’s international funding and investment activities, including facilitating ongoing funding arrangements with financial institutions. As the entity is newly incorporated and has not commenced business, there is no immediate operational impact on the company.

Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.

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