PMCORP

0.190

(%)

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

PAN MALAYSIA CORPORATION BERHAD

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

Further to the Company’s announcements made on 23 March 2018 and 22 October 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)   Jaguh Padu Sdn Bhd 8 February 2020
ii)  Panorama Scope Sdn Bhd 8 February 2020
iii) United Pace Sdn Bhd 8 February 2020
iv) Uniwell Nominees (Tempatan) Sdn Bhd 8 February 2020

 

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

 

This announcement is dated 1 June 2020.






Announcement Info

Company Name PAN MALAYSIA CORPORATION BERHAD
Stock Name PMCORP
Date Announced 01 Jun 2020
Category General Announcement for PLC
Reference Number GA1-29052020-00175