General Announcement::DISSOLUTION OF SUBSIDIARY

Issuer & Securities

Issuer/ Manager
MIYOSHI LIMITED
Securities
MIYOSHI LIMITED - SG1J04885492 - M03
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
14-Dec-2015 17:20:35
Status
New
Announcement Sub Title
DISSOLUTION OF SUBSIDIARY
Announcement Reference
SG151214OTHRJE0I
Submitted By (Co./ Ind. Name)
Sin Kwong Wah Andrew
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the Board) of Miyoshi Limited (the Company and together with its subsidiaries, the Group) wishes to announce that Miyoshi Investment (Yingtan) Co., Ltd. (MIY), an indirectly wholly-owned subsidiary of the Company incorporated in the People s Republic of China, has been dissolved on 11 December 2015. Following its dissolution, MIY ceases to be a subsidiary of the Company with effect from 11 December 2015.

The dissolution of MIY is not expected to have any material financial effect on the consolidated net tangible assets per share or consolidated earnings per share of the Group for the financial year ending 31 August 2016.

None of the Directors or controlling shareholders of the Company have any direct or indirect interest in the dissolution of MIY, other than through their respective shareholdings in the Company.

Attachments

20151214-SGXannDissolutionOfMIY.pdf
Total size =20K