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No Signboard Holdings
04-02-2019, 05:04 PM.
Post: #31
RE: No Signboard Holdings
According to its latest AR, there are three subsidiaries related to the beer business.

Their activities are as follows:

1. Danish Breweries Pte. Ltd Import and export, and general wholesale trading of beer and liquor
2. Draff Beer Pte. Ltd. Dormant
3. Draft Breweries Denmark ApS Dormant

According to the recent announcement, the subsidiary that was liquidated was the third one, which was used to hold the beer IP, but has since been transferred to another Singapore subsidiary. Activities of NSB's beer business are conducted through the first subsidiary.

Anyway, it is likely that NSB will cease all beer activities eventually.

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