Eastern Merchants PLC incorporated a new subsidiary in Singapore named Eastern Merchants Commodities Pte. Ltd., for the purpose of further developing its trading operations. The registered offices of Eastern Merchants Commodities Pte. Ltd., will be situated at 20 Cecil Street, #05-03 Plus, Singapore 049705. The Board of Directors of this new subsidiary comprises four of the Executive Directors of Eastern Merchants PLC and Mr. H.M Wijeyekoon.