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Incorporation Of New Subsidiary

BackJul 26, 2010
Date Announced
:
 26/07/2010  




Type
:
 Announcement
Subject
:
Incorporation of new subsidiary

Contents
:
The Company informs that a wholly-owned subsidiary with the name of APM Engineering & Research Sdn Bhd has been incorporated under the Companies Act, 1965 on 23 July 2010.

The new company has an authorized share capital of RM100,000 made up of 100,000 shares of RM1.00 each and an issued and paid-up share capital of RM2.00. It will conduct automotive research and development activities.

The incorporation will have no material effect on the earnings and net assets of the Company for financial year ending 31 December 2010 and none of the directors or major shareholders or persons connected with them, has an interest direct or indirect in the incorporation.