|
|
|
|
|||||||
|
|
|||||||
|
|
||||||
|
21 April 2009 Acquisition By Subsidiary In New Zealand Pursuant to Rule 704(15) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of Asia Pacific Breweries Limited (the “Company”) wishes to announce that its indirect wholly owned subsidiary, Gaults on Quay (2009) Limited (“Gaults 2009”) (which was the subject of an announcement on 2 April 2009) has acquired a 100% stake in Gaults on Quay Limited (“Gaults”), a company incorporated in New Zealand from the trustees of On Quay Trust, Quay Trust & Hellebrekers Trust and Kevin Andrew Schwass, Alan James Wiltshire and John Richard Hellebrekers for the sum of NZ$1,500,000 (“Acquisition Price”). Gaults operates a food and beverage outlet in New Zealand. The Acquisition Price will be funded through internal resources and was arrived at on a willing-buyer willing-seller basis. Gaults 2009 is held 90% by Barworks Group Limited (“BWGL”) and 10% by Barworks Holdings Limited (“BHL”). BWGL is a wholly owned subsidiary of DB Breweries Limited which in turn is a wholly owned subsidiary of the Company. BHL is a wholly owned subsidiary of BWGL. As at 31 March 2008, the net tangible asset value of Gaults was NZ$33,271. The aforesaid acquisition is not expected to have any material impact on the net tangible assets per share or earnings per share of the Company for the current financial year. None of the Directors or controlling shareholders of the Company has any interest, direct or indirect in the investment.
|
Newsroom
2009 listing