Change - Change in Corporate Information :: Disposal of Subsidiary, Maizuru Green Initiatives GK
Issuer | |
Issuer/ Manager | GOLDEN AGRI-RESOURCES LTD |
Announcement Title | Change - Change in Corporate Information |
Date & Time of Broadcast | May 2, 2019 17:17 |
Status | New |
Announcement Sub Title | Disposal of Subsidiary, Maizuru Green Initiatives GK |
Announcement Reference | SG190502OTHRRM0S |
Submitted By (Co./ Ind. Name) | Kimberley Lye Chor Mei |
Designation | Director, Corporate Secretarial |
Description (Please provide a detailed description of the event in the box below) | The Board of Directors of Golden Agri-Resources Ltd (the "Company" and together with its subsidiaries, the "Group") wishes to announce the disposal by the Group of 100% of the membership interests in the amount of JPY1,000,000 in Maizuru Green Initiatives GK ("MGI GK"), a company incorporated in Japan, for a total cash consideration of JPY1,000,000 (equivalent to US$8,980) (the "Disposal"). Following the Disposal, MGI GK ceased to be a subsidiary of the Company. By Order of the Board GOLDEN AGRI-RESOURCES LTD Rafael Buhay Concepcion, Jr. Director 2 May 2019 Note: The amount in USD equivalent using the exchange rate as at 30 April 2019 of JPY1 = USD0.00898. |
Place Of Incorporation | |
Existing | Mauritius |
Registered Address |
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