General Announcement::Incorporation of a wholly-owned subsidiary

General Announcement::Incorporation of a wholly-owned subsidiary

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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

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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