Asset Acquisitions and Disposals::DIVESTMENT OF GOLDEN BAY REALTY (PRIVATE) LIMITED - COMPLETION

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
19-Dec-2017 17:07:26
Status
New
Announcement Sub Title
DIVESTMENT OF GOLDEN BAY REALTY (PRIVATE) LIMITED - COMPLETION
Announcement Reference
SG171219OTHRSSCC
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of Sinarmas Land Limited (the "Company") refers to the Company's announcement of 3 November 2017 regarding the proposed divestment of the entire issued and paid-up share capital of Golden Bay Realty (Private) Limited (the "Previous Announcement"), and wishes to announce that the Proposed Divestment had completed today ("Completion").

Unless otherwise defined, capitalised terms used herein shall have the definitions ascribed to them in the Previous Announcement.

Following Completion, Golden Bay Realty (Private) Limited has therefore ceased to be a subsidiary of the Company.

BY ORDER OF THE BOARD

Robin Ng Cheng Jiet
Director
19 December 2017