Striking-Off Of A Subsidiary
Thursday, July 19th, 2012The Board of Directors of Ultro Technologies Limited (the “Company”) wishes to announce that Ultro Resources Pte. Ltd. (“URPL”), a wholly-owned subsidiary of the Company, had been struck off the Register of Companies, Singapore, pursuant to Section 344 of the Companies Act, Cap. 50. The above transaction is not expected to have a material impact on the net tangible assets per share and earnings per share of the Group for the current financial year. None of the Directors of the Company has any interest, direct or indirect, in the above transaction and the Directors are not aware of any substantial shareholders of the Company having any interest, direct or indirect, in the above transaction. BY ORDER OF THE BOARD Lim Ee Chuan Executive Director and Chief Executive Officer
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