Asset Acquisitions and Disposals::Announcement Pursuant to Rule 706A of the SGX Listing Manual

Issuer & Securities

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
28-Feb-2023 07:17:08
Status
New
Announcement Sub Title
Announcement Pursuant to Rule 706A of the SGX Listing Manual
Announcement Reference
SG230228OTHRLKOP
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)
Pursuant to Rule 706A of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of Golden Agri-Resources Ltd ("GAR" and together with its subsidiaries, the "Group") wishes to announce the following in respect of the full year ended 31 December 2022:

New Subsidiary, GC Maritime Pte. Ltd. ("GCM")

Incorporation of GCM, a wholly-owned subsidiary of the Group established in Singapore, with an initial issued and paid-up share capital of US$1.00 comprising 1 share.

The principal activity of GCM is that of ownership of vessels.


Rafael Buhay Concepcion, Jr.
Director
GOLDEN AGRI-RESOURCES LTD
28 February 2023