Investors / Newsroom
News

Incorporation Of Subsidiaries

BackJan 14, 2004
The Board of Directors of Tung Lok Restaurants (2000) Ltd (the "Company") wishes to announce that the Company has incorporated the following subsidiaries in Singapore, the details of which are as follows:

(a) Name of Subsidiary : Charming Garden (Asia Pacific) Pte Ltd
Authorised Share Capital : S$2,000,000
Paid-up Share Capital : S$2
Company's interest : 100%
Principal Activities : Restaurant

(b) Name of Subsidiary : Tung Lok Concepts Pte Ltd
Authorised Share Capital : S$2,000,000
Paid-up Share Capital : S$2
Company's interest : 100%
Principal Activities : Investment Holding

(c) Name of Subsidiary : Tung Lok (China) Holdings Pte Ltd
Authorised Share Capital : S$2,000,000
Paid-up Share Capital : S$2
Company's interest : 100%
Principal Activities : Investment Holding


The above incorporations are not expected to have any significant effect on the earnings per share or net tangible assets per share of the Company for the current financial year.

The Company will keep the shareholders updated at the appropriate time on further developments.

None of the directors, and as far as the directors are aware, none of the substantial shareholders has any interest, direct or indirect, in the above incorporations.