News

APM Automotive Holdings Berhad (“Company”) informs that the following companies (“new companies”) have been incorporated under the Companies Act, 1965, on 14 June 2011.

1) APM Automotive Modules Sdn Bhd;

2) APM Suspension Systems Sdn Bhd; and

3) APM Thermal Systems Sdn Bhd.

Each of the new companies has an authorized share capital of RM100,000.00 made up of 100,000 shares of RM1.00 each and an issued and paid-up share capital of RM2.00, paid for in cash by the Company. The main activity of the new companies is to manufacture and supply automotive modules and systems.

The incorporation of the new companies will have no material effect on the earnings and net assets of the Company for the financial year-ending 31 December 2011