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Oversea-Chinese Banking Corporation Ltd' SIB Capital Ltd Announces Members' Voluntary Liquidation


Thursday, 13 Jun 2013 05:27am EDT 

SIB Capital Ltd announced that it has passed a special resolution for the members' voluntary winding-up of the Company. The Company is a subsidiary of Oversea-Chinese Banking Corporation Limited. The Statutory Declaration of Solvency of the Company, duly executed by the Board of Directors, in compliance with the Companies Act Cap.50. has been lodged with the Accounting and Corporate Regulatory Authority. The voluntary liquidation of the Company is part of the ongoing rationalisation of the OCBC Group.