General Announcement::INCREASE IN SHAREHOLDING INTEREST IN ASSOCIATE - NOVOFLEX PTE. LTD.

Issuer & Securities

Issuer/ Manager
AEM HOLDINGS LTD.
Securities
AEM HOLDINGS LTD - SG1BA1000003 - AWX
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Dec-2016 07:29:45
Status
New
Announcement Sub Title
INCREASE IN SHAREHOLDING INTEREST IN ASSOCIATE - NOVOFLEX PTE. LTD.
Announcement Reference
SG161209OTHRPHWA
Submitted By (Co./ Ind. Name)
Soh Wai Kong
Designation
Company Secretary
Effective Date and Time of the event
09/12/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Rule 704(17)(d) of the SGX-ST Listing Manual, the Board of Directors of AEM Holdings Ltd ( AEM or the Company ) wishes to announce that the Company has subscribed to 666,667 right shares in its associated company, Novoflex Pte. Ltd ("Novoflex"). As a result of the subscription, its shareholding interest in Novoflex has increased from 4,000,000 to 4,666,667 shares or 21.07% to 21.19% of Novoflex's enlarged issued capital.

By Order of the Board

Charles Cher Lew Siang
Chief Executive Officer
9 December 2016

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