ACQUISITIONS AND DISPOSALS :: CHANGES IN COMPANY''S INTEREST :: ADDITIONAL INVESTMENT IN SB (TUASLINC) INVESTMENT PTE. LTD.

4 yrs Ago    Soilbuild (T94)
SubmittedWrtSOILBUILD GROUP HOLDINGS LTD
Announcement_TitleACQUISITIONS AND DISPOSALS :: CHANGES IN COMPANY''S INTEREST :: ADDITIONAL INVESTMENT IN SB (TUASLINC) INVESTMENT PTE. LTD.
BroadcastDate23-Feb-2010
BroadcastTime18:43:03


StockCodeT94
Ref_No00149
AnnouncedBySOILBUILD GROUP HOLDINGS LTD
SG_ComRegNo199609233M
SubmittedForSOILBUILD GROUP HOLDINGS LTD
SubmittedWrtSOILBUILD GROUP HOLDINGS LTD
AnnouncerNameLee Bee Fong
DesignationCompany Secretary
BroadcastDate23-Feb-2010
BroadcastTime18:43:03
PriceSensitivityYes
ContactNo6542 2882
SubmissionDate23/02/2010
SubmissionTime6:42:04 PM
Announcement_Details
Aquisition_TypeChanges in Company''s Interest
Acquisition_AnncTitleADDITIONAL INVESTMENT IN SB (TUASLINC) INVESTMENT PTE. LTD.
TextAns_DescriptionThe Board of Directors of Soilbuild Group Holdings Ltd (the “Company”) wishes to announce that the Company’s investment in its wholly-owned subsidiary, SB (Tuaslinc) Investment Pte. Ltd. (“SB Tuaslinc”) has been increased from S$2 to S$1,000,000 through the capitalisation of S$999,998 of its loan to SB Tuaslinc as payment in full for the allotment and issuance of 999,998 new ordinary shares in SB Tuaslinc to the Company. The increase in investment is to strengthen the capital base of SB Tuaslinc and is not expected to have any material financial impact on the consolidated net tangible assets per share and consolidated earnings per share of the Company for the current financial year ending 31 December 2010. None of the Directors or Substantial Shareholders of the Company has any interest in the above transactions, save for their interests arising by way of their directorships and/or shareholding in the Company. By Order of the Board Lee Bee Fong Company Secretary 23 February 2010 Singapore


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