United Foodbrands Limited (UFBL) announced that its wholly-owned subsidiary, Barbeque Nation MENA Holding Limited, based in Dubai, has acquired shares in two limited liability companies domiciled in Thailand: "United Foodbrands Thai Holding Co., Ltd." and "United Foodbrands Thai Co., Ltd.". The Department of Business Development, Ministry of Commerce, Thailand, updated its records on December 16, 2025, confirming the share transfer. Consequently, both "United Foodbrands Thai Holding Co., Ltd." and "United Foodbrands Thai Co., Ltd." are now step-down subsidiaries of UFBL. United Foodbrands Thai Holding Co., Ltd. was incorporated on November 20, 2025, with a share capital of THB 2,000,000. Barbeque Nation MENA Holding Limited acquired 19,999 shares for THB 1,999,900, representing 99.99% shareholding and 100% control. This entity is authorized to set up limited liability companies, branch offices, operate hotels, restaurants, and provide consultancy services. The acquisition aims to explore business opportunities in South East Asia, including Thailand. United Foodbrands Thai Co., Ltd. was incorporated on November 25, 2025, with a share capital of THB 2,000,000, comprising 9,800 ordinary shares and 10,200 preferred shares. Barbeque Nation MENA Holding Limited acquired 9,800 ordinary shares for THB 980,000, resulting in a 49% shareholding and 90.57% control. This company is authorized to set up and operate restaurants in Thailand. The business of this step-down subsidiary is in line with UFBL's core business. The acquisition of both entities is intended to explore business opportunities in Thailand.