MUIPROP

0.210

+0.005 (+2.4%)

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR MUI PROPERTIES BERHAD ("MUIP" OR "THE COMPANY") - Members' Voluntary Winding-Up of Inactive Wholly-Owned Subsidiaries

MUI PROPERTIES BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
MUI PROPERTIES BERHAD ("MUIP" OR "THE COMPANY")
- Members' Voluntary Winding-Up of Inactive Wholly-Owned Subsidiaries

Further to the Company’s announcements made on 23 March 2018 and 10 August 2018 ("Announcements") relating to the members’ voluntary winding-up, the Company wishes to announce that the following inactive wholly-owned subsidiaries of the Company have been dissolved pursuant to Section 459(5) of the Companies Act, 2016:-

 

Company Name Date of Dissolution
i)  Intercontinental Properties Sdn Bhd 13 February 2020
ii) Lembaran Makmur Sdn Bhd 8 February 2020

 

As stated in the Announcements, the winding up is to simplify the structure of the MUIP Group, reduce costs associated with maintaining these subsidiaries and has no financial or operational effect on the MUIP Group.

 

This announcement is dated 1 June 2020.






Announcement Info

Company Name MUI PROPERTIES BERHAD
Stock Name MUIPROP
Date Announced 01 Jun 2020
Category General Announcement for PLC
Reference Number GA1-29052020-00174