Acquisition of New Subsidiary / 收購新子公司- MILLION SUNRAY SDN BHD
Pursuant to Rule 704(17)(c) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of Regal International Group Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that its wholly owned subsidiary, Temasek Regal Capital Sdn Bhd (“Temasek Regal Capital”), has acquired 550 ordinary shares (the “Purchased Shares”) in Million Sunray Sdn Bhd (“Million Sunray”). Such Purchased Shares comprise 55% of the total issued and paid up share capital of Million Sunray. Accordingly, Million Sunray has become a 55%-owned subsidiary of the Group. The remainder of the 45% of the shares in the share capital of Million Sunray are held by an independent third party.
Million Sunray was incorporated in Malaysia on 3 August 2016 and is currently a dormant company. It has a total issued and paid up share capital of RM1,000. The Group intends to utilise Million Sunray to engage in principal activities including (amongst others) property investment, development and construction. The Group currently intends to utilise Million Sunray as a vehicle to explore opportunities and potential collaborations for projects in China.
依據新加坡證券交易所上市手冊第704(17)(c)條規，Regal International Group Ltd. (簡稱 “公司”及旗下所有子公司統稱“集團”)的董事會僅此宣佈，其全資子公司Temasek Regal Capital Sdn Bhd (簡稱 “Temasek Regal Capital”)已收購Million Sunray Sdn Bhd (簡稱 “Million Sunray”) 550 股普通股 (簡稱 “收購股份”)。該收購股份爲Million Sunray總發行與實繳資本的55%。因此，Million Sunray實爲集團擁有55%權益之子公司。Million Sunray總發行與實繳資本的餘下45%爲獨立的第三方所擁有。
Million Sunray於2016年8月3日在馬來西亞成立，現今爲一非營業公司。其總發行與實繳資本爲RM1,000。集團計劃以Million Sunray進行的主要活動，包括產業投資、開發及建築。目前，集團擬以Million Sunray之名義在中國探討並發掘與產業項目相關的合作可能與契機。
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