ASL Marine incorporates subsidiary in the Netherlands
The private company will be in the business of investment holding.
The Board of Directors of ASL Marine Holdings Ltd. announced the incorporation of a wholly-owned subsidiary, Leo Dynamische Investering B.V. LDI is a private company with limited liability incorporated under the laws of the Netherlands.
LDI has an issued and paid-up share capital of EUR 1 comprising 1 ordinary share. The investment in LDI is not expected to have any material impact on ASL Marine’s consolidated net tangible assets and earnings per share for the financial year ending 30 June 2013.