THAKRAL CORPORATION LTD Change - Change in Corporate Information::Additional Joint Venture Entities
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Change - Change in Corporate Information::Additional Joint Venture Entities Issuer
Issuer/ ManagerTHAKRAL CORPORATION LTD
Announcement Details
Announcement TitleChange - Change in Corporate Information
Date & Time of Broadcast 04-Aug-2016 19:22:32 Status NewAnnouncement Sub Title Additional Joint Venture Entities
Announcement Reference SG160804OTHREYYS Submitted By (Co./ Ind. Name) Anil DaryananiDesignation Chief Financial Officer
Description (Please provide a detailed description of the event in the box below) Please refer to attachment.Place Of Incorporation
Existing NewSingapore
Registered Address
Existing New AttachmentsThakralCorp_Annmt_GTH_New_JV_Entities_v20160804FINAL.pdf Total size =14K
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04-08-2016
THAKRAL CORPORATION LTD(Incorporated in the Republic of Singapore on 7 October 1993) (Company Registration No. 199306606E)
ANNOUNCEMENT ADDITIONAL JOINT VENTURE ENTITIESThe Board of Directors of Thakral Corporation Ltd (the "Company", and together with its subsidiaries, the "Group") refers to the Company's announcements on 12 August 2015 and 3 August 2016 in respect of Joint Venture established to co-invest and manage retirement community resorts (Announcement Reference: SG1508120THRNGH7 and SG160803OTHRKLZR) (the "JV Announcements") and wishes to announce that TCAPP and PVAP have jointly established the following additional entities (collectively, the "Additional JV Entities").
The share capital of the Additional JV Entities is as follow:
Issued and paid up capital | |
GTH Resorts No 5 Pty Ltd | A$2,000 divided into 2,000 ordinary shares |
GTH Resorts No 6 Pty Ltd | A$2,000 divided into 2,000 ordinary shares |
GTH Resorts Unit Trust | A$2,000 divided into 2,000 units |
GTH Resorts Unit Trust No 2 | A$2,000 divided into 2,000 units |
GTH Resorts Unit Trust No 3 | A$2,000 divided into 2,000 units |
GTH Resorts Unit Trust No 4 | A$2,000 divided into 2,000 units |
GTH Resorts Unit Trust No 5 | A$2,000 divided into 2,000 units |
GTH Resorts Unit Trust No 6 | A$2,000 divided into 2,000 units |
Similarly with the JV Announcements, the establishment of the Additional JV Entities is for the purpose of acquiring land for development in Eastern Seaboard of Australia, initially South East Queensland. The Additional JV Entities were funded through internal resources and external sources. The Additional JV Entities are not expected to have any material impact on the consolidated net tangible assets per share and consolidated earnings per share of the Group for the financial year ending 31 December 2016.
None of the Directors or controlling shareholders of the Company have any interest, direct or indirect (other than through their shareholdings in the Company), in the above transaction.
Unless otherwise defined, terms used in this announcement shall have the same meanings as defined in the JV Announcements.
On behalf of the Board Natarajan Subramaniam
Independent Non-Executive Chairman Singapore, 4 August 2016
Thakral Corporation Ltd. published this content on 04 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2016 11:55:04 UTC.
Original documenthttp://www.thakralcorp.com/news/ThakralCorp_AnnmtSG160804OTHREYYS_GTH_New_JV_Entities_20160804.pdf
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