Change - Change in Corporate Information::COMPLETION OF JOINT VENTURE
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Change - Change in Corporate Information::COMPLETION OF JOINT VENTURE
Issuer
Issuer/ Manager GOLDEN AGRI-RESOURCES LTDAnnouncement Details
Announcement Title Change - Change in Corporate Information Date & Time of Broadcast 25-Sep-2014 17:51:07 Status New Announcement Sub Title COMPLETION OF JOINT VENTURE Announcement Reference SG140925OTHR7S8A Submitted By (Co./ Ind. Name) Kimberley Lye Chor Mei Designation Director, Corporate SecretarialThe Board of Directors of Golden Agri-Resources Ltd (the "Company" and together with its subsidiaries, the "Group") refers to the joint announcement of 18 July 2014, where the Company together with CEPSA Quimica, S.A. (100% affiliate of CEPSA) announced their intention to establish a 50:50 joint venture to jointly develop, formulate, produce, distribute and sell fatty alcohols at a global level.
Description (Please provide a detailed description of the event in the box below)
The Board of the Company wishes to announce the completion of the joint venture upon the satisfactory completion of certain conditions precedent (the "Completion"). Following the Completion, Sinarmas Oleo Pte. Ltd. (to be renamed SINARMAS CEPSA PTE. LTD.) together with its group subsidiaries cease as subsidiaries of the Group.
By Order of the Board
GOLDEN AGRI-RESOURCES LTD
Rafael Buhay Concepcion, Jr. Director
25 September 2014
Place Of Incorporation
Existing New
Mauritius
Registered Address
Existing Newhttp://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announcem...
25/9/2014
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