General Announcement::Liquidation of Indirect Wholly-Owned Subsidiaries
Issuer & Securities
Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
26-Jun-2019 17:23:28
Status
New
Announcement Sub Title
Liquidation of Indirect Wholly-Owned Subsidiaries
Announcement Reference
SG190626OTHRE64X
Submitted By (Co./ Ind. Name)
ERICIA TAN SZE YING
Designation
ASSISTANT COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
DBS Group Holdings Ltd ("DBSH") wishes to announce that voluntary liquidation proceedings have commenced for its indirect wholly-owned subsidiaries, DBS Capital Funding Corporation and DBS Capital Funding II Corporation (the "Companies"), both entities incorporated in Cayman Islands. The Companies are currently dormant entities and are no longer required.
The liquidation is not expected to have any material impact on DBSH's financial position for the financial year ending 31 December 2019.
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