Global Invacom Group Limited dissolves a wholly-owned subsidiary

  • Dec 30, 2019 GMT
  • Team Kalkine
  Global Invacom Group Limited (LON: GINV) has informed about the dissolution of a wholly-owned subsidiary.
  • The company has decided to dissolve its wholly-owned subsidiary, Radiance Cayman Limited incorporated in the Cayman Islands on 31 December 2019.
  • The company has further informed that the dissolution of the wholly-owned subsidiary does not have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the financial year ending 31 December 2019.
  • On 30th December 2019, at the time of writing, GMT 14:29 PM, GINV shares were trading at GBX 8.25, unchanged against the previous day closing price.

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