Cessation of Associate Company / 終止關聯企業
The Board of Directors of Regal International Group Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company’s wholly owned subsidiary, Hisaka International Holdings Pte. Ltd. (“Hisaka Holdings”), has disposed of its entire equity interests of 600,000 ordinary shares (“Shares”) in Singapore Synergy Holdings Pte Ltd (“Singapore Synergy”), representing 33.33% of its issued and paid up share capital of S$1,800,000, (the “Disposal”) to Mr. Lim Kwee Chuan for the consideration of S$100,000 (the “Consideration”). Singapore Synergy holds 100% of the entire issued share capital of Sanwa Synergy Holdings India Pvt Ltd (“Sanwa India”). Immediately following the Disposal, Singapore Synergy and Sanwa India have ceased to be associated companies of the Group.
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Hisaka International Holdings Pte. Ltd. (簡稱“Hisaka Holdings”) 已將其於Singapore Synergy Holdings Pte Ltd (簡稱“Singapore Synergy”)的全部股權600,000普通股，即佔已發行及實繳股本S$1,800,000的33.33%之全部股權以S$100,000 的對價(簡稱“對價”)售予Mr. Lim Kwee Chuan(簡稱“出售”)。Singapore Synergy持有Sanwa Synergy Holdings India Pvt Ltd (簡稱“Sanwa India”) 之全部已發行及繳足股本。出售事項後，Singapore Synergy 與Sanwa India即非集團之關聯企業。
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