Asset Acquisitions and Disposals::MEMBERS VOLUNTARY LIQUIDATION OF INACTIVE SUBSIDIARY
Issuer & Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Asset Acquisitions and Disposals
Date &Time of Broadcast
Announcement Sub Title
MEMBERS VOLUNTARY LIQUIDATION OF INACTIVE SUBSIDIARY
Submitted By (Co./ Ind. Name)
Melvin Chan Wai Leong
Description (Please provide a detailed description of the event in the box below)
The board of Ellipsiz Ltd ("Company") wishes to announce that its inactive wholly-owned subsidiary, SV Probe Technology S.A.S ( Subsidiary ), a corporation incorporated under the laws of France, has been placed under member s voluntary liquidation.
Cabinet Ratheaux, Soci t d'Avocats, with its office address of Cit Internationale, 34 Quai Charles de Gaulle, 69463 Lyon Cedex 06, France has been appointed as liquidator of the Subsidiary.
The members voluntary liquidation of the Subsidiary will not have any material effect on the consolidated net tangible assets per share and the consolidated earnings per share of the Company for the financial year ended 30 June 2016.