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Sitra Holdings (International) Ltd Announces Incorporation Of World Furnishing Hub Pte. Ltd


Wednesday, 3 Jul 2013 06:08am EDT 

Sitra Holdings (International) Ltd announced that the SPV, by the name of World Furnishing Hub Pte. Ltd. (WFHPL), has been incorporated on July 02, 2013, with an issued and paid-up share capital of SGD100 divided into 100 ordinary shares. The share capital of WFHPL is held in the following proportion Hafary Pte Ltd 40 ordinary shares (40%); Mr. Low See Ching 25 ordinary shares (25%); Mr. Ching Chiat Kwong 25 ordinary shares (25%); Sitra Agencies Pte Ltd 10 ordinary shares (10%). WFHPL is incorporated for purposes of the Proposed Transaction. WFHPL will be named as the assignee/ transferee of the Property in the Company‚Äôs application to the JTC for approval to assign or transfer the lease of the Property. 

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