IHC Restructures Ownership, Names Fount Trust as Ultimate Parent

Sep 21, 2026

71 min

Sep 21, 2026 09:31

## Ownership Restructuring

Abu Dhabi-listed International Holding Company (IHC) has confirmed that Fount Trust is now its ultimate parent following a restructuring above Royal Group. This change does not affect IHC's beneficial ownership, operations, or strategic direction.

## Continuity and Strategy

The restructuring aims to ensure continuity of ownership and long-term stewardship. Royal Group will continue to operate under the new structure, maintaining its role as the majority shareholder of Pal Group of Companies, which in turn is the majority shareholder of IHC.

## Business Operations

IHC's business activities, strategy, and daily operations remain unchanged. The company will continue to be listed on the Abu Dhabi Securities Exchange, adhering to the necessary reporting and disclosure requirements. The Board of Directors and executive management will persist in their roles, focusing on building long-term value for shareholders.

## Long-term Vision

CEO Syed Basar Shueb emphasized that the new structure is designed to provide a framework for enduring value creation, enabling the company to adapt to changing circumstances while maintaining clear responsibilities. The establishment of Fount Trust is seen as a step towards ensuring long-term stewardship and continuity in ownership.

## Future Focus

IHC's leadership remains committed to disciplined execution and adapting to investment opportunities, aiming to create lasting value for shareholders. The company's governance and approval processes will continue to guide its operations, ensuring alignment of ownership interests and the ability to respond to market changes.

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