Corporate Social Responsibility

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Completion Of Striking Off And Liquidation Subsidiaries

BackJul 18, 2024
Issuer
Issuer/ Manager BH GLOBAL CORPORATION LIMITED
Announcement Title Change - Change in Corporate Information
Date & Time of Broadcast Jul 18, 2024 19:03
Status New
Announcement Sub Title COMPLETION OF STRIKING OFF AND LIQUIDATION SUBSIDIARIES
Announcement Reference SG240718OTHRCOEY
Submitted By (Co./ Ind. Name) VINCENT LIM HUI ENG
Designation EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below) The Board of Directors of BH Global Corporation Limited (the "Company" and, together with its subsidiaries, the "Group") wishes to provide update that further to the Company's announcement (Announcement Reference No. SG240103OTHRNSJ0) on 3 January 2024:-

(i) Genesis Environtech Pte. Ltd. and One BHG Pte. Ltd., being the wholly-owned subsidiaries of the Company incorporated in Singapore, which had made applications to the Accounting and Corporate Regulatory Authority to strike their names off the Register under Section 344A of the Companies Act 1967, had been struck off from the Register on 4 June 2024 and 8 July 2024 respectively; and

(ii) Blue Sky Ecotech, a wholly-owned subsidiary of the Company incorporated in Taiwan, had been fully liquidated on 8 July 2024.

The striking off and liquidation of the aforesaid subsidiaries are not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the current financial year ending 31 December 2024.
Place Of Incorporation
Existing Singapore
New  
Registered Address