COGENT HOLDINGS LIMITED
(Incorporated in the Republic of Singapore)
(Registration No. 200710813D)
JOINT VENTURE IN MALAYSIA WITH JOINT WIN CONTAINER LOGISTICS LTD
The Board of Directors of Cogent Holdings Limited (the “Company” or “Cogent”) wishes to
announce that SH Cogent Logistics Pte Ltd (“SH Cogent”), a wholly-owned subsidiary of Cogent
has entered into a joint venture agreement (“JV Agreement”) with Joint Win Container Logistics
Ltd (“JW”), a company incorporated in the British Virgin Islands, to jointly set up a new business
to offer and deliver a range of container depot services in Port Klang, Malaysia (the “Logistics
Services”).
Pursuant to the JV Agreement, the Logistics Services will be provided through a joint venture
company incorporated in Malaysia known as “JW Cogent Logistics Sdn. Bhd.” (“JW Cogent”)
JW Cogent will have an issued and paid up capital of RM2, 840,000.00 to be owned equally
between SH Cogent and JW.
The abovementioned investment will be funded through internal resources and is not expected
to have any material impact on the Group’s earnings per share or net tangible assets per share
for the current financial year ending 31st December 2011.
None of the Directors or substantial shareholders of the Company has any interest, direct or
indirect, in the abovementioned transaction, saved for their shareholdings in the Company.
On behalf of the Board
Tan Yeow Khoon
Executive Chairman and CEO
1 June 2011
