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LIONFIB

0.400

(%)

OTHERS DISSOLUTION OF WHOLLY-OWNED SUBSIDIARIES

LION FOREST INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
DISSOLUTION OF WHOLLY-OWNED SUBSIDIARIES

The Board of Directors of Lion Forest Industries Berhad (“LFIB” or the “Company”) hereby announce that the Company was notified on 23 April 2019 that the following dormant wholly-owned subsidiaries of the Company incorporated in the British Virgin Islands (“BVI Subsidiaries”), have been dissolved by way of voluntary liquidation:

 

1.         Alpha Deal Group Limited

2.         Brilliant Elite Investments Limited

3.         Classy Elite Investments Limited

4.         Dynamic Shine Holdings Limited

5.         Elite Harvest Group Limited

6.         Eminent Prosper Limited

7.         Great Zone Investments Limited

8.         Harvest Boom Investments Limited

9.         Jade Harvest International Limited

10.        Jade Power Holdings Limited

11.        Mile Treasure Limited

12.        Pinnacle Treasure Limited

13.        Sky Yield Group Limited

14.        Superb Harvest Limited

15.        Superb Reap Limited

16.        Ultra Strategy Limited

 

The dissolution of BVI Subsidiaries do not have any material impact on the earnings of the LFIB Group for the financial year ending 30 June 2019 and the net assets of the LFIB Group based on the audited consolidated statement of financial position of LFIB as at 30 June 2018.






Announcement Info

Company Name LION FOREST INDUSTRIES BERHAD
Stock Name LIONFIB
Date Announced 23 Apr 2019
Category General Announcement for PLC
Reference Number GA1-23042019-00049