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GKE Corporation Ltd Announces Incorporation Of Joint Venture Entity

Wednesday, 6 Mar 2013 04:15am EST 

GKE Corporation Ltd announced that the Company has incorporated a joint venture entity in Singapore, named GKE & Mohseng Pte. Ltd. (GKEM). GKEM has an issued and paid up share capital of SGD1,500,000 divided into 1,500,000 ordinary shares and will be principally engaged in the provision of crane services for loading and unloading of cargo. The Company holds 900,000 ordinary shares, representing 60% of the entire issued and paid up share capital in GKEM while the remaining 600,000 ordinary shares, representing 40% of the entire issued and paid up share capital in GKEM is held by Moh Seng Cranes Pte Ltd (MSC), an unrelated third party. 

Company Quote

0.0050 +5.49%
24 Jul 2014