IHC Divests 42.54% Stake in Modon to Abu Dhabi’s L’imad Holding, Strengthening Diversified Growth Strategy

Wednesday, 5 November 2025

International Holding Company (IHC) has sold its 42.54% stake in Modon Holding to government-owned L’imad Holding, reinforcing its disciplined capital strategy. The move enhances liquidity, supports balanced sector exposure, and enables IHC to accelerate investments in high-growth sectors aligned with the UAE’s long-term economic vision.

Key Highlights:

  • Strategic Stake Sale
    • IHC sells 42.54% stake in Modon Holding to Abu Dhabi’s L’imad Holding
    • Part of an active portfolio optimisation program
  • Focus on Balanced Exposure
    • Sale aligns with IHC’s sector concentration cap of 20% per sector
    • Strengthens diversification strategy across geographies and asset classes
  • Capital Reallocation for Growth
    • Funds to be redirected into high-potential sectors including:
      • Healthcare
      • Technology
      • Energy
      • Food & agriculture
      • Financial services
    • Supports scalable, future-focused investments
  • Strong Modon Performance
    • Modon achieved multi-billion-dirham revenues and strong profitability
    • Record sales and revenue backlog into H1 2025
    • IHC exits at high growth phase, capturing value
  • Leadership Insight
    • CEO Syed Basar Shueb emphasizes disciplined capital allocation
    • Focus on sustainable long-term value creation and avoiding over-concentration
  • Supporting UAE Economic Vision
    • Move aligns with UAE’s diversification agenda
    • Reinforces IHC’s position as one of the most agile and diversified investment groups in the region