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Goodland Group: Change - Change in Corporate Information: : Increase of share capital for GLG Global Sdn. Bhd.

Jul 12, 2019 - News Bites - Asia: Singapore

SINGAPOREAN DAILY STOCK REPORT

Corporate Wire Date: 11 July 2019 23:17 SGT

ORIGINAL ANNOUNCEMENT [Text]

The Board of Directors (the "Board") of Goodland Group Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce that its 72%-owned subsidiary, Banyan Housing Development Sdn. Bhd. ("BHDSB") had, on 5 July 2019, subscribed for 1,980 shares at RM1 each, in its wholly-owned subsidiary, GLG Global Sdn. Bhd. ("GLGGSB") (the "Subscription").

The consideration for the Subscription was satisfied through cash payment in full by BHDSB to GLGGSB...