IFS: Transference of capital interest
Interfood Shareholding Company (IFS: INTERFOOD) has informed of conditional transference of 70% of capital interest of the Interfood Packaging Co. Ltd – a member company of INTERFOOD to the Crown Packaging Investment Pte. Ltd. – a branch of the Crown Holdings, Inc. (USA) as follows:
On 19/06/2009, the Management Board of industrial zones in Dong Nai Province granted the adjusting investment certificate:
* Confirming transference of 70% of capital interest of the INTERFOOD in the Interfood Packaging Co. Ltd to the Crown Packaging Investment Pte. Ltd.
* Confirming the remaining capital interest of INTERFOOD in the Interfood Packaging Co. Ltd as 20%
* Changing the name of the Interfood Packaging Co. Ltd. to the Crown Dong Nai Beverage Packaging Co. Ltd. (abbreviation: Crown Dong Nai)
INTERFOOD completed to transfer 70% of capital interest in Crown Dong Nai to the Crown Packaging Investment Pte. Ltd. on 25/06/2009.
The internal loan will be provided to Crown Dong Nai by the branch so that Crown Dong Nai can pay internal debt to Interfood group.
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