ARA Asset Management Limited Announces Voluntary Dissolution

ARA Asset Management Limited announced that ARA Fund Management (Silver) Limited (ARA FM(S)), a 70%-owned dormant subsidiary of the Group, incorporated in Bermuda, has recently completed its members’ voluntary winding-up proceedings (the voluntary winding-up); and ARA Managers (Silver) Pte. Ltd. (ARA Silver), a 70%-owned dormant subsidiary of the Group, incorporated in Singapore, has recently made an application to be struck off from the Register of the Accounting and Corporate Regulatory Authority of Singapore.