Asset Acquisitions and Disposals::Subscription of Share

Issuer & Securities

Issuer/ Manager
UNIONMET (SINGAPORE) LIMITED
Securities
UNIONMET (SINGAPORE) LIMITED - SG1U46933891 - A6F
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
20-Oct-2014 19:23:11
Status
New
Announcement Sub Title
Subscription of Share
Announcement Reference
SG141020OTHRCUBI
Submitted By (Co./ Ind. Name)
Raphael Tham Wai Mun
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Unionmet (Singapore) Limited (the "Company"), and together with its subsidiaries, ("the Group") wishes to announce that USP Properties Pte Ltd ("USPP"), a wholly-owned subsidiary of the Company, has subscribed for 900 new ordinary shares in the capital of Cluny Home Development Pte Ltd ("CHDPL"), for an aggregate consideration of SGD900. Following the aforesaid subscription, USPP holds 90% of the total and issued paid-up capital of CHDPL and CHDPL has become a subsidiary of the Company.

Attachments

Subscription of Share in Cluny Development.pdf
Total size =14K