General Announcement::Joint Venture in PRC with Kunming Luchen Group - Proposed Change in Party to Joint Venture

Issuer & Securities

Issuer/ Manager
SHENG SIONG GROUP LTD.
Securities
SHENG SIONG GROUP LTD - SG2D54973185 - OV8
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
31-May-2016 17:38:04
Status
New
Announcement Sub Title
Joint Venture in PRC with Kunming Luchen Group - Proposed Change in Party to Joint Venture
Announcement Reference
SG160531OTHRJOO7
Submitted By (Co./ Ind. Name)
Lim Hock Chee
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Sheng Siong Group Ltd. wishes to announce that Mr Tan Ling San, who has 10% equity interest in the joint venture company, Sheng Siong (China) Supermarket Co., Ltd., is proposing to transfer his entire equity interest in the joint venture company to iSmart Investments Pte Ltd. Please refer to the attachment for more information.

Attachments

SSG_Announcement_LuChen_JV_change_in_JVparty_31May2016.pdf
Total size =189K