Sitra Holdings (International) Limited announced Incorporation of New Wholly-Owned Subsidiary. The Board of Directors of Sitra Holdings (International) Limited together with its subsidiaries announced that the Company has incorporated a new wholly-owned subsidiary in Singapore known as "Berakit Development Pte. Ltd.". BDPL has an issued and paid-up share capital of SGD 100.00 comprising 100 ordinary shares and its principal activity is that of properties development. The incorporation of BDPL was funded through internal resources and is not, in itself, expected to have any material financial impact on the consolidated net tangible assets per share and net earnings per share of the Company and the Group for the current financial year ending 31 December 2019.