Asset Acquisitions and Disposals::Establishment of Wholly-Owned Subsidiary
Issuer & Securities
Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No
Announcement Details
Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
26-Nov-2014 18:38:42
Status
New
Announcement Sub Title
Establishment of Wholly-Owned Subsidiary
Announcement Reference
SG141126OTHR7UQE
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Effective Date and Time of the event
26/11/2014 17:10:00
Description (Please provide a detailed description of the event in the box below)
ESTABLISHMENT OF WHOLLY-OWNED SUBSIDIARY
Pursuant to Rule 704(17)(c) of the SGX-ST Listing Manual, Singapore Exchange Limited ("Company") wishes to announce the establishment of the following wholly-owned subsidiary incorporated in Singapore as part of its ongoing business development:
(1) Name: SGX Bond Trading Pte. Ltd.
Country of Incorporation: Singapore
Principal activity: Bond Trading
Issued share capital: SGD 1 comprising one ordinary share
The establishment of the above wholly-owned subsidiary is not expected to have any material impact on the Company's earnings per share and net tangible asset per share for the financial year ending 30 June 2015.
None of the Directors of the Company has any interest, direct or indirect, in the incorporation of the above wholly-owned subsidiary.
By Order of the Board
Ding Hui Yun
Company Secretary
Singapore Exchange Limited
26 November 2014
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