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
12-Aug-2022 20:04:32
Status
New
Announcement Sub Title
Announcement Pursuant to Rule 706A of the SGX Listing Manual
Announcement Reference
SG220812OTHRCVXZ
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 half year ended 30 June 2022:

New Associated Company, Vulcan AI Agritech Pte. Ltd. ("Vulcan AI Agritech")

Incorporation of Vulcan AI Agritech, an associated company 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 Vulcan AI Agritech is that of digital analytics.

GAR has an effective interest of approximately 30.49%.


Rafael Buhay Concepcion, Jr.
Director
By Order of the Board
GOLDEN AGRI-RESOURCES LTD
12 August 2022