November 25, 2024

Macau: Adani Group to bid for duty-free shops at Macau international airport

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NEW DELHI: Indian airport major Adani Group has set up a company in Macau that will bid for operating duty free shops at the international airport there.
In a BSE filing on Wednesday, Adani Enterprises said its subsidiary Mumbai Travel Retail Pvt Ltd (MTRPL) “has completed the incorporation process of its wholly-owned subsidiary namely ‘MTRPL Macau Ltd‘ in Macau on November 20, 2023,” with an authorised share capital of 25,000 Macanese pataca (MOP), the official currency of Macau.The purpose of this company is to bid for “the tender of duty-free liquor & tobacco shops at Macau International Airport.”



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