Change - Change in Corporate Information::Change in Shareholding Interest in Subsidiary

Issuer

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD

Announcement Details

Announcement Title
Change - Change in Corporate Information
Date &Time of Broadcast
02-Dec-2019 17:27:37
Status
New
Announcement Sub Title
Change in Shareholding Interest in Subsidiary
Announcement Reference
SG191202OTHRHJ3Z
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)
The Board of Directors of Golden Agri-Resources Ltd ("GAR" and together with its subsidiaries, the "Group") wishes to announce that GAR's effective interest in Vulcan AI Pte. Ltd. ("Vulcan AI"), has decreased from 100% to 74.32% following subscription and issue of an aggregate of 875 new shares with an issue price of US$50 each in Vulcan AI.


By Order of the Board
GOLDEN AGRI-RESOURCES LTD


Rafael Buhay Concepcion, Jr.
Director
2 December 2019

Place Of Incorporation

Existing
Mauritius
New

Registered Address

Existing
New