Asset Acquisitions and Disposals::Members Voluntary Winding Up of dormant subsidiary

Issuer & Securities

Issuer/ Manager
PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED
Securities
PACIFIC CENTURY REGIONAL DEVTS - SG1J17886040 - P15
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
22-Mar-2018 17:45:34
Status
New
Announcement Sub Title
Members Voluntary Winding Up of dormant subsidiary
Announcement Reference
SG180322OTHRFRCT
Submitted By (Co./ Ind. Name)
Lim Beng Jin
Designation
Company Secretary
Effective Date and Time of the event
22/03/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Pacific Century Regional Developments Limited (the "Company") hereby announces the members voluntary winding up of a wholly-owned subsidiary, Carander Corporation ("Carander"). Carander is a dormant company.

The liquidation of Carander is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Company for the financial year ending 31 December 2018.