CapitaMalls Asia unveils Radiant II new subsidiary
Radiant II will focus on investment holding.
In an SGX release, CapitaMalls Asia Limited (“CMA” or the “Company”) wishes to announce the establishment of the wholly-owned subsidiary as part of its ongoing business development.
Radiant II Pte. Ltd's principal activity is investment holdings with issued and paid-up share capital of S$1 comprising 1 ordinary share.
The establishment is not expected to have any material impact on the consolidated net tangible assets or earnings per share of CMA for the financial year ending 31 December 2012.