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Asiasons Capital Ltd Announces Incorporation Of Subsidiary
Asiasons Capital Ltd announced that the Company has incorporated a wholly owned subsidiary namely, Asiasons Private Equity (Malaysia) Ltd. (APE) under the Labuan Companies Act 1990. APE is a private company incorporated in Labuan on March 18, 2013 with a paid-up capital of United States Dollar One (USD1) only. The intended principal activity of APE is that of alternative asset investment and management. The incorporation of APE is not expected to have any material financial impact on the earnings per share or consolidated net tangible assets per share of the Group for the financial year ending December 31, 2013.
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