Issuer/ Manager | GUOCOLEISURE LIMITED |
Securities | GUOCOLEISURE LIMITED - BMG4210D1020 - B16 |
Announcement Title | General Announcement |
Date & Time of Broadcast | 19-Jun-2014 17:19:41 |
Status | New |
Announcement Sub Title | Liquidation of Dormant Subsidiary |
Announcement Reference | SG140619OTHR98XX |
Submitted By (Co./ Ind. Name) | Susan Lim |
Designation | Group Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Please see attached. |
Total size =130K
GuocoLeisure Limited ("Company") wishes to announce that it is voluntarily liquidating its dormant wholly-owned subsidiary, Guoman Hotel Management (Beijing) Co., Ltd, a company incorporated in the People's Republic of China ("Liquidation").
The Liquidation was undertaken to rationalize the corporate structure of the Company and its subsidiaries ("Group"), and is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the financial year ending
30 June 2014.
By order of the Board
Susan Lim
Group Company Secretary
Date: 19 June 2014
GuocoLeisure Limited
Registered Address: Canon's Court, 22 Victoria Street, Hamilton HM 12, Bermuda
Corporate Office: 9 Temasek Boulevard #11-01 Suntec Tower Two Singapore 038989 Tel: (65) 64380002 Fax: (65) 64350040
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