Change - Change in Corporate Information::(1) Increased Interest in Subsidiary; and (...
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Change - Change in Corporate Information::(1) Increased Interest in Subsidiary; and (2) Incorporation of Subsidiary
Issuer
Issuer/ Manager GOLDEN AGRI-RESOURCES LTDAnnouncement Details
Announcement Title Change - Change in Corporate Information Date & Time of Broadcast 18-Mar-2015 19:30:40 Status New Announcement Sub Title (1) Increased Interest in Subsidiary; and (2) Incorporation of Subsidiary Announcement Reference SG150318OTHR6DI4 Submitted By (Co./ Ind. Name) Kimberley Lye Chor Mei Designation Director, Corporate Secretarial
The Board of Directors of Golden Agri-Resources Ltd ("GAR" and together with its subsidiaries, the "Group") wishes to announce the following:-
(1) Increased Interest in Subsidiary
GAR has increased its shareholding interest in subsidiary, PT Dian Ciptamas Agung ("DCA"), from 49% to 100% following the acquisition by the Group of 765 shares of nominal value of IDR1,000,000 each fully paid in the share capital of DCA, totaling IDR765,000,000 (equivalent to
USD61,200), at par value, and which was financed by internal resources.
(2) Incorporation of Subsidiary
Incorporation by the Group of Sinarmas Natural Resources (Tianjin) Investment Co. Limited ("SNRT"), a company established in Hong Kong with an initial issued and paid-up capital of HKD1.00 comprising one share fully paid.
The principal activity of SNRT is that of investment holding.
By Order of the Board
GOLDEN AGRI-RESOURCES LTD
Rafael Buhay Concepcion, Jr. Director
18 March 2015
Place Of Incorporation
Existing New
Mauritius
Subsidiary
Existing New
N.A. Sinarmas Natural Resources (Tianjin) Investment Co. Limited
Registered Address
Existing New0 Tweet
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18/3/2015
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