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Boustead Singapore Ltd Announces Incorporation Of Subsidiaries


Friday, 28 Jun 2013 05:40am EDT 

Boustead Singapore Ltd announced that the Company has incorporated the following wholly owned subsidiaries in Singapore; Boustead Trustees Pte. Ltd, Boustead Trustee-Manager Pte. Ltd and Boustead Funds Management Pte. Ltd. Separately, the Company’s 100% owned subsidiary, Boustead Projects Pte Ltd, has also incorporated the following wholly owned subsidiaries in Singapore; BP-SCC Pte. Ltd., and BP-EA Pte. Ltd. The incorporation of the above subsidiaries, with initial paid up capital of SGD2 each, is not expected to have any material impact on the Boustead Group’s earnings per share or net tangible assets per share for the financial year ending March 31, 2014. 

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