General Announcement::Proposed Diversification of The Group's Business

Issuer & Securities

Issuer/ Manager
MERCURIUS CAP INVESTMENT LTD
Securities
MERCURIUS CAP INVESTMENT LTD - SG2B96959558 - 5RF
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Feb-2017 18:54:16
Status
New
Announcement Sub Title
Proposed Diversification of The Group's Business
Announcement Reference
SG170227OTHR695R
Submitted By (Co./ Ind. Name)
Chang Wei Lu
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
(I) PROPOSED DIVERSIFICATION OF THE GROUP'S BUSINESS TO INCLUDE PROPERTY DEVELOPMENT AND PROPERTY INVESTMENT

(II) INCORPORATION OF NEW SUBSIDIARIES

(III) JOINT VENTURE WITH HM REALTY HOLDINGS SDN BHD

(IV) OPTIONS TO DEVELOP LAND

(V) PROPOSED DISPOSAL OF THE COMPANY S ENTIRE SHAREHOLDING INTERESTS IN CHINA CHILDREN FASHION HOLDINGS PTE. LTD. AND ITS SUBSIDIARIES

Please refer to the attached file.

Attachments

MCIL_JV and Disposal announcement.pdf
Total size =513K