General Announcement::MEMBERS' VOLUNTARY LIQUIDATION OF OCBC CAPITAL INVESTMENT PRIVATE LIMITED
Issuer & Securities
OVERSEA-CHINESE BANKING CORPORATION LIMITED
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39
Date &Time of Broadcast
Announcement Sub Title
MEMBERS' VOLUNTARY LIQUIDATION OF OCBC CAPITAL INVESTMENT PRIVATE LIMITED
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
At an Extraordinary General Meeting of OCBC Capital Investment Private Limited (the "Company"), held on 26 March 2015, the sole shareholder of the Company passed a special resolution for the members voluntary winding-up of the Company. The Company is a subsidiary of Orient Holdings Private Limited, which itself is a wholly-owned subsidiary of Oversea-Chinese Banking Corporation Limited ("OCBC").
The voluntary liquidation of the Company is part of the on-going rationalisation of OCBC Group and is not expected to have any material impact on the net tangible assets of earnings per share of OCBC Group for the financial year ending 31 December 2015.