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Lian Beng Group Ltd announces incorporation of a joint venture company

Wednesday, 19 Mar 2014 06:22am EDT 

Lian Beng Group Ltd:Says the company, VT Development Pte Ltd and Vincar Leasing Pte. Ltd have jointly incorporated a joint-venture company in Singapore, named Wealth Assets Pte. Ltd.Wealth has an initial issued and paid up capital of S$100 divided into 100 ordinary shares and will be principally engaged in investment holding.The Company, VTD and Vincar each hold in the proportion of 80:10:10 respectively, equity interest in the share capital of Wealth.Incorporation of Wealth was funded internally. 

Company Quote

28 Aug 2015