News
Acquisitions And Disposals :: Changes In Company's Interest :: Incorporation Of Direct Wholly-Owned Subsidiaries
BackMar 12, 2014
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| Acquisitions and Disposals |
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| Description | The Board of Directors of Singapore Windsor Holdings Limited (the "Company") wishes to announce the incorporation of two direct wholly-owned subsidiaries in Singapore, under the name of (1) Myanmar Infrastructure Company Pte. Ltd. and (2) Myanmar Infrastructure Service Company Pte. Ltd. (the "Subsidiaries"). Both the Subsidiaries are incorporated with an initial issued and paid-up capital of S$1 comprising 1 ordinary share. The principal activity of the Subsidiaries is to provide infrastructure engineering services. The incorporation of the Subsidiaries was funded through internal resources and is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Group for the current financial year. None of the Directors and controlling shareholders of the Company has any interest, direct or indirect, in the above transaction other than through their shareholdings in the Company. By Order of the Board Ho Kwok Wai Executive Director and Chairman 12 March 2014 |
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