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VGO Corporation Ltd Announces Disposal Of Subsidiary


Tuesday, 8 Oct 2013 07:32am EDT 

VGO Corporation Ltd announced that it has on October 8, 2013 has disposed of its entire 75% equity interest in Loama Maamigili Development Pte Ltd (LMDPL) for an aggregate cash consideration of SGd750 (the Disposal) to GJS Group Pte Ltd, a company owned by Mr Goh Ching Huat, Steven; Mr Goh Ching Wah, George; and Mr Goh Ching Lai, Joe (collectively, the Goh Brothers). The Goh Brothers are brothers and hold directorships in its Company. As at the date of this announcement, Mr Goh Ching Huat, Steven, Mr Goh Ching Wah, George, and Mr Goh Ching Lai, Joe have direct interests of approximately 5.31%, 5.38% and 0.97%, respectively; and deemed interests of 52.00%, 52.06%, 56.40%, respectively, in the Company. 

Company Quote

0.185
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17 Oct 2014