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Vietnam : Super\'s unit injects US$1million into Vietnam unit
Publish Date : 23-Mar-2012
Super Group Ltd on Thursday said its indirect wholly-owned subsidiary, SCML Overseas Pte Ltd, has injected US$1 million into its whollyowned subsidiary, Super Coffeemix Vietnam Ltd.
The additional investment is intended to fund the ongoing construction of the packaging facility and as working capital.
The above investment was funded by internal resources and is not expected to have any material impact on the net tangible assets or earnings per share of the group for the financial year ending December 31, 2012.
