- The details of the announcement start here ...
- Announcement Title *
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CHANGE IN SHAREHOLDING OF TOMOIKE INDUSTRIAL CO., LIMITED (JAPAN)
- Description
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Pursuant to Rule 704(18)(d) of the Listing Manual of the Singapore Exchange Securities Trading Limited (Listing Manual), the Board of Directors of CDW Holding Limited (the "Company", and together with its subsidiaries, the Group) wishes to announce that the Groups wholly-owned subsidiary, Tomoike Industrial (H.K.) Limited has sold 120 shares to an unrelated third party for a cash consideration of approximately Japanese yen 1,060,000 (approximately equivalent to S$13,400) in the share capital of the Groups subsidiary, Tomoike Industrial Co., Limited (TM Japan).
Accordingly, the Groups interest in TM Japan has reduced from 100% to 99.9%.
The above transaction constitutes a non-discloseable transaction within the meaning of Rule 1008 of the Listing Manual, and is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Group for the current financial year.
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above transaction.
By Order of the Board
DY MO Hua Cheung, Philip
Executive Director
26 December 2013
