CENTURION CORPORATION LIMITED
(Incorporated in the Republic of Singapore with limited liability) (Co. Reg. No.: 198401088W)
ESTABLISHMENT OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY
The Board of Directors ("Board") of Centurion Corporation Limited (the "Company") wishes to announce that Centurion Investments (JS VII) Ltd, an indirect wholly-owned subsidiary of the Company, has established a wholly-owned subsidiary known as Centurion Investments JS VII (UK) Ltd ("New Subsidiary") in the United Kingdom as part of the Company's on-going business development. Information relating to the New Subsidiary is as follows:
Name of company: | Centurion Investments JS VII (UK) Ltd |
Place of incorporation: | United Kingdom |
Principal activities: | Investment holding |
Initial issued and paid-up | £10,000.00 comprising 10,000 ordinary shares |
share capital: | |
As at the date of this announcement, the book value and net tangible asset value of the shares of the New Subsidiary are £10,000.00 respectively.
The establishment of the New Subsidiary was funded by internal resources and is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the Company for the financial year ending 31 December 2021.
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above-mentioned transaction, save for their shareholdings (if any) in the Company.
By Order of the Board
Kong Chee Min
Chief Executive Officer
7 October 2021
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Centurion Corporation Limited published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 11:56:04 UTC.