General Announcement::RESTRUCTURING
Issuer & Securities
Issuer/ Manager
UNI-ASIA HOLDINGS LIMITED
Securities
UNI-ASIA HOLDINGS LIMITED - KYG9241B1169 - AYF
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
06-Jul-2015 17:07:34
Status
New
Announcement Sub Title
RESTRUCTURING
Announcement Reference
SG150706OTHRUCDO
Submitted By (Co./ Ind. Name)
Lim Kai Ching
Designation
Group CFO
Effective Date and Time of the event
06/07/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Uni-Asia Holdings Limited (the "Company" and together with its subsidiaries, the "Group") refers to the announcement dated 1 July 2015 in relation to a restructuring exercise ("Restructuring") and wishes to announce the transfer of the entire issued and paid-up share capital of Arena Godo Kaisha ("Arena GK") from Uni-Asia Capital (Japan) Ltd (formerly known as Uni-Asia Finance Corporation (Japan) ("UAFJ") to Uni-Asia Investment Ltd (formerly known as Uni-Asia Capital (Japan) Ltd.) ("UACJ") (the "Transfer") in connection with the Restructuring.
As the Transfer was between two subsidiaries of the Company, the Transfer did not affect the book value of Arena GK or materially affect the consolidated net tangible assets of the Group as a whole for the financial year ending 31 December 2015.
The Transfer was completed on 15 April 2015 to facilitate the Restructuring.
The Transfer is not a discloseable transaction for the purposes of Chapter 10 of the Singapore Exchange Securities Trading Limited Listing Manual.
Attachments
Uni-Asia-2015-07-06 Restructuring.pdf
Total size =95K
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