59 mins ago
Page Industries Faces AED 113.55 Million Dubai Court Claim
Page Industries has been told about a court case in Dubai.
The case was filed by a company called Yellow Flower Trading LLC.
The disagreement is about how the companies worked together to distribute products in the United Arab Emirates.
Yellow Flower Trading is asking for AED 113.55 million.
It is also asking for 9% interest each year starting October 10, 2025.
Page Industries says it is studying the case with its lawyers.
The company believes the claims are not valid.
Page Industries plans to challenge the claims in court.
Page Industries received a notice from a Dubai court concerning a claim by Yellow Flower Trading LLC.
The dispute relates to the companies’ distribution arrangement in the United Arab Emirates.
Yellow Flower Trading is seeking AED 113.55 million from Page Industries.
The claim also seeks 9% annual interest from October 10, 2025.
Page Industries said it is reviewing the matter with legal counsel and will contest claims it considers without merit.
- Who
- Page Industries and Yellow Flower Trading LLC.
- What
- A Dubai court claim concerning a dispute over their UAE distribution arrangement, seeking AED 113.55 million plus 9% annual interest.
- Where
- A Dubai court; the underlying distribution arrangement concerns the United Arab Emirates.
- When
- The notice was received before the report; the claim seeks interest from October 10, 2025, and the notice date was not specified.
- Why
- Yellow Flower Trading LLC filed the claim over a dispute concerning the UAE distribution arrangement.
Yellow Flower Trading LLC’s Claim
Page Industries’ Response
Validity of the claims
Yellow Flower Trading LLC’s Claim
Yellow Flower Trading LLC has filed a claim seeking AED 113.55 million plus interest over the UAE distribution arrangement dispute.
Page Industries’ Response
Page Industries said it believes the claims are without merit and will contest them.
Next steps
Yellow Flower Trading LLC’s Claim
The claim has been brought before a Dubai court.
Page Industries’ Response
Page Industries said it is reviewing the matter with legal counsel.
Key facts
- Claimant
- Yellow Flower Trading LLC
- Respondent
- Page Industries
- Claim amount
- AED 113.55 million
- Interest sought
- 9% annually
- Interest start date
- October 10, 2025
- Court location
- Dubai
- Page Industries’ position
- The company says it will contest claims it believes are without merit.
Sources
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