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OneApex (formerly: Chew's Group)
01-02-2019, 11:57 PM.
Post: #81
RE: Chew's group
Chew’s Group Limited is Now Known as  OneApex Limited

Chew’s Group Limited announced that its shareholders had approved the change of name of the Company to OneApex Limited at yesterday's Extraordinary General Meeting.

Prior to 20 April 2018, the Group specialised in the production of a range of healthy and nutritious generic and designer eggs under the Group’s brand name of “Chew’s” through its main operating subsidiary in Singapore, Chew’s Agriculture Pte. Ltd. On 20 April 2018, the Company completed its disposal of the entire issued and paid-up share capital of its four wholly-owned subsidiaries in Singapore, namely Chew’s Agriculture Pte. Ltd., Chew’s Engineering Services Pte. Ltd., Chew’s Group Investment Pte. Ltd. and Chew’s Group Marketing Pte. Ltd.  As a result of the disposal of these subsidiaries, the Group ceased its farming activities as of 20 April 2018. The Company continues to hold its only remaining subsidiary in Hong Kong, Chew’s Food International Limited, which is engaged in the business of trading of generic and designer eggs and other food products.

On 8 October 2018, Goldhill Trust Pte Ltd acquired 68.14 percent of the Company’s shares and through Hong Leong Finance Limited, made a mandatory unconditional cash offer to acquire the remaining issued and paid-up ordinary shares in the capital of the Company. Thus, Goldhill Trust, an investment holding company, is now the controlling shareholder of the Company.

The shareholders of the Company had on 31 January 2019 approved the proposed change of the Company’s name to OneApex Limited (Chinese name “亿 有限公司”) as well as the proposed diversification of the Group’s business to include property investment, property management, property development and financial investments services at the Extraordinary General Meeting of the Company.

More details in
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Specuvestor: Asset - Business - Structure.

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