Main Event Entertainment Group Limited has created a new division called M-Style that will provide seating and equipment for events, including weddings, conferences and birthdays.
CEO Solomon Sharpe updated shareholders on Monday at the company's first annual general meeting as a listed company.
Through M-Style, Main Event will cut back on the number of third-party contractors it would need to stage events.
The division is operational but is yet to have a formal launch.
Main Event aims to invest $100 million to $150 million overall in acquiring new equipment this financial year.
It would at least double the $56 million invested in fixed assets in 2017, expenditure that Sharpe indicated represented the acquisition of a warehouse to hold the equipment for M-Style.