Staff Reporter
,
Singapore
Share capital is ~US$65,000.
According to an SGX release, the Board of Directors of HTL International Holdings Limited announced that the Company established a wholly-owned subsidiary known as HTL Scandinavia AB to undertake the import, sales and distribution of furniture, including sofas, in Scandinavia on 21 November 2012.
The share capital of HTL Scandinavia is Euro 50,000 (approximately US$65,000), which the Company has injected by way of cash in one tranche.
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