|By PR Newswire||
|September 24, 2013 09:36 AM EDT||
WILLEMSTAD, Curacao, Sept. 24, 2013 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF)
Retail Holdings N.V. ("ReHo" or the "Company") announced that Sewko Holdings Limited ("Sewko"), a newly-formed subsidiary to hold Singer Asia Limited and its subsidiaries and associate companies, has today lodged with the Monetary Authority of Singapore a Preliminary Prospectus for a proposed initial public offering ("IPO") of the Sewko shares on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST"). Stephen H. Goodman, ReHo's Chairman, President and CEO noted, "This is an important step in our effort to list the Sewko shares, but there are still considerable risks and uncertainties as to timing, completion and valuation."
Additional financial and other information about ReHo may be found at the Corporate/Investor section of the Company's website at www.retailholdings.com.
This press release does not constitute or form any part of any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in the United States. Any securities related to this Press Release may not be offered or sold in the United States.
Amy Pappas at 1-914-241-3404
SOURCE Retail Holdings N.V.