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LIONFIB

0.410

-0.03 (-6.8181813%)

OTHERS LION FOREST INDUSTRIES BERHAD DISSOLUTION OF A WHOLLY-OWNED SUBSIDIARY COMPANY

LION FOREST INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
LION FOREST INDUSTRIES BERHAD
DISSOLUTION OF A WHOLLY-OWNED SUBSIDIARY COMPANY

The Board of Directors of Lion Forest Industries Berhad (“LFIB” or the “Company”) hereby announce that the Company was notified on 17 May 2019 that Jadeford International Limited (“Jadeford”), a dormant wholly-owned subsidiary of the Company incorporated in the British Virgin Islands, was dissolved on 6 May 2019 by way of a voluntary liquidation.

 

The dissolution of Jadeford does 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 17 May 2019
Category General Announcement for PLC
Reference Number GA1-17052019-00062