Metro Holdings sets up 2 new subsidiaries on investment, retail
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Metro Holdings Limited has established two new subsidiaries in Singapore: Metro Lifestyle Pte Ltd, focusing on investment holdings, and Grand Brands Asia Pte Ltd, which focuses on retail trading. Each subsidiary has a capital of $10,000 and 10,000 ordinary shares. Metro Lifestyle Pte Ltd is wholly owned, with 75% of its shares held by Metro Holdings and 25% by EUT Solutions Pte Ltd. The subsidiaries are not expected to materially impact the Metro Group's consolidated net tangible assets or earnings per share for the financial year ending March 31, 2026.
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