Change - Change in Corporate Information::Members' Voluntary Liquidation of LGlobal Funds

Issuer

Issuer/ Manager
GREAT EASTERN HOLDINGS LIMITED

Announcement Details

Announcement Title
Change - Change in Corporate Information
Date &Time of Broadcast
16-Nov-2020 17:19:35
Status
New
Announcement Sub Title
Members' Voluntary Liquidation of LGlobal Funds
Announcement Reference
SG201116OTHRE2ND
Submitted By (Co./ Ind. Name)
Jennifer Wong Pakshong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Great Eastern Holdings Limited (GEH) wishes to announce that its subsidiary, LGlobal Funds, which is an open-ended investment company organised as a societe anonyme under the laws of the Grand Duchy of Luxembourg and qualifies as a societe d'investissement a capital variable (SICAV), has held an extraordinary general meeting on 16 November 2020 and passed a resolution to commence members voluntary liquidation. The voluntary liquidation is a rationalisation by the GEH group of the structure of its investment vehicles for investment management activities.

The voluntary liquidation is not expected to have any material impact on the net tangible assets or earnings per share of the GEH group for the financial year ending 31 December 2020.

Place Of Incorporation

Existing
Singapore
New

Registered Address

Existing
New