General Announcement::Incorporation of a wholly-owned subsidiary
General Announcement::Incorporation of a wholly-owned subsidiary
Issuer & Securities
Issuer/ Manager
Securities
Stapled Security
Page 1 of 1
Announcement Details
Announcement Title
Date & Time of Broadcast
Status
Announcement Sub Title
Announcement Reference
Submitted By (Co./ Ind. Name)
Designation
General Announcement 03-Jan-2019 17:33:48
New
Incorporation of a wholly-owned subsidiary
SG190103OTHRE4US
Jeffery Tan Eng Heong
Company Secretary
Jardine Cycle & Carriage Limited ("JC&C") wishes to announce that it has incorporated a new wholly-owned subsidiary known as Cycle & Carriage Leasing Pte. Ltd. ("CCL") in Singapore with an initial capital of S$1.00. The principal activity of CCL is vehicle leasing.
The incorporation is not expected to have a material impact on the JC&C Group's net tangible assets or earnings per share. Had the incorporation taken place on 1 January 2018, it would not have had a material impact on the JC&C Group's earnings per share for the financial year ended 31 December 2018. Had the incorporation taken place on 31 December 2018, it would not have had a material impact on the JC&C Group's net tangible assets per share for the financial year ended 31 December 2018.
None of the directors or controlling shareholders of JC&C has any interest, direct or indirect, in the incorporation.
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announceme...
3/1/2019
Attachments
- Original document
- Permalink
Disclaimer
Jardine Cycle & Carriage Ltd. published this content on 03 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 January 2019 09:48:03 UTC