The Board of Directors of KSH Holdings Limited announced that the company has incorporated a wholly-owned subsidiary, KSH Investments Property Holdings Pte. Ltd. The paid up share capital of the new company is 1 ordinary share of SGD 1.00. The principal activity of KSHIPH are property development and holding of assets for investment.

The board of directors of the company also announced that Mr. Choo Chee Onn, Mr. Lim Kee Seng, Mr. Tok Cheng Hoe and Mr. Kwok Ngat Khow have been appointed as directors of KSH investments Property Holdings Pte. Ltd.