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Heeton Holdings Announces Joint Venture Agreement


Wednesday, 1 Aug 2012 05:56am EDT 

Heeton Holdings announced that it has entered into joint venture agreement with KSHR, ZAP and Raffles Asia Capital Pte. Ltd. (“RAC”) and Unique Resi on July 25, 2012. Eeton Homes Pte. Ltd., Kim Seng Heng Realty Pte Ltd, Zap Piling Pte Ltd, Raffles Asia Capital Pte. Ltd. shall own 30%, 30%, 30% and 10% of the entire issued and paidup share capital of Unique Resi respectively.The JVA has been completed on July 26, 2012 following the allotment and issuance of 999,998 ordinary shares of SGD1.00 each for cash consideration in the capital of Unique Resi. Following the completion of the JVA, the issued and paid-up share capital of Unique Resi is SGD1,000,000. 

Company Quote

0.67
-0.0050 -0.74%
30 Jun 2014