Thakral announced on Aug 10 that it had entered into a demerger deed to transfer the existing shareholders’ 25% of shareholding interest in TCH to the subsidiary for a proposed internal restructuring exercise.
Thakral Corporation (SGX:AWI
) has been granted an extension of time to convene an extraordinary general meeting (EGM) for shareholders to ratify the internal restructuring of its wholly-owned subsidiary Thakral Capital Holdings (TCH).
Before Oct 3, Thakral was a 75% owner of TCH, with the remaining 25% split among other shareholders.
