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Hap Seng Consolidated Bhd Announces Incorporation Of Wholly-Owned Subsidiary In Singapore
Hap Seng Consolidated Bhd announced that the Board of Directors has on even date incorporated a wholly-owned subsidiary in Singapore, Hap Seng Capital Pte. Ltd.(HSC). HSC was incorporated on even date with an issued and paid-up share capital of SGD1.00 comprising 1 ordinary share. HSC is dormant. The incorporation of HSC is in the ordinary course of business of the Company with the objective of expanding the Group's credit financing business into Singapore.
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