Koon Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Koon Holdings Ltd Announces Change Of Name Of Subsidiary And Completion Of Acquisition Of Interests In Properties In Malaysia
Koon Holdings Ltd announced that the wholly owned subsidiary of the Company, Gems Marine Pte Ltd, has changed its name and is now known as Koon Properties Pte. Ltd. (Koon Properties) with effect from December 3, 2012. Koon Properties remains a wholly owned subsidiary of the Company. The above change of name was made as the Company has nominated Koon Properties to be the transferee in the acquisition of the entire issued share capital of the Malaysian Companies, which collectively own the entire interests in the Malaysian Properties, by the Company from Ang Sin Liu Construction (Pte) Ltd. As such, the principal activity of Koon Properties (as registered with the Accounting and Corporate Regulatory Authority of Singapore) has been changed to “Investment Holding Companies”. The Company also announced that the Acquisition has been completed today, December 7, 2012, and accordingly, the entire issued share capital of the Malaysian Properties is now owned by Koon Properties.
Latest Developments for Koon Holdings Ltd
- Koon Holdings Ltd Enters Into Sale And Purchase Agreement With JKM Engineers Pte Ltd
- Koon Holdings Ltd To Acquire Entire Share Capital Of Malaysian Companies
- Koon Holdings Ltd To Acquire Malaysian Companies From Ang Sin Liu Construction Pte Ltd; Proposes Non-Renounceable Non-Underwritten Rights Issue
- Koon Holdings Limited Announces Resignation Of Chairman
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