Duty Free International Limited announced the completion of its acquisition of 37.7 million ordinary shares, representing the entire equity of United Industries Holdings Sdn. Bhd., on Oct, 31 2025. All conditions precedent under the sale and purchase agreement have been met, the balance consideration has been paid to Atlan Holdings Bhd., and United Industries Holdings is now a wholly owned subsidiary of Duty Free International.

The company also reported that it has fully used the remaining net proceeds of approximately 20.52 million Singapore dollars from its 2016–2017 share placement exercises. About 20.51 million Singapore dollars was applied to the purchase consideration, while roughly 0.01 million Singapore dollars covered professional fees related to the transaction. Duty Free International stated that this deployment aligns with the purposes previously disclosed for the placement proceeds.