Rawlplug : 2/2017 - Registration of subsidiary Rawlplug Singapore PTE. LTD. based in Singapore
January 10, 2017 at 03:13 am EST
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In reference to current report 23/2016 of 6 December 2016, the Management Board of Rawlplug S.A. announces that today, 9 January 2017, it received information on the registration on 6 January 2017 of subsidiary Rawlplug Singapore PTE. LTD., based in Singapore, ('Subsidiary') by the Accounting and Corporate Regulatory Authority (ACRA). The Subsidiary's share capital amounts to SGD 350 thousand (Singapore Dollar, i.e. PLN 1 017 thousand), 100% of which was taken up by Rawlplug S.A.
The object of the Subsidiary is the sale of fixing tools and systems for the construction industry.
The formation of subsidiary Rawlplug Singapore PTE.LTD., based in Singapore, is in line with RAWLPLUG Group's strategic objectives consisting of reinforcing its foreign companies' position and undertaking efforts aimed at entering new markets, focusing also on markets outside of Europe. The Group is currently expanding its market presence in Europe, the Middle East, Australia, Asia and Africa.
Rawlplug SA published this content on 09 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 January 2017 08:13:06 UTC.
Original documenthttp://www.rawlplug.pl/en/investor-relations/current-reports/2017/22017-registration-of-subsidiary-rawlplug-singapore-pte-ltd-based-in-singapore/
Public permalinkhttp://www.publicnow.com/view/4FDD5DBEA442CAC83C0B45C9E25E0811E72B6670
Rawlplug SA, (formerly Koelner SA), is a Poland-based manufacturer and wholesaler of fixings for construction and industry sectors. Its range of activities includes the production and distribution of fixing systems, cable suspension systems, insulation fixings for facades and roofs, self-drilling screws, powder actuated and gas-driven fastening systems, accessories for drywall systems, wood connectors, ropes and rope accessories, as well as hand and power tools, including screw drivers, pliers, hammers, drilling and cutting tools, and others. It product portfolio includes about 40,000 items offered under such brand names as Koelner, Modeco, Rrawlplug, Globus and Rawlfixing. As of December 31, 2011, the Company operated a number of subsidiaries based in Poland, Hungary, the Czech Republic, Bulgaria, Romania, Lithuania, Ukraine, South Africa, Germany and Slovakia, among others. The Company major shareholder is Amicus Poliniae Sp z o o.
RAWLPLUG S.A. 
