OTHERS WINDING-UP PETITION ON BOUSTEAD NAVAL SHIPYARD SDN BHD, AN ASSOCIATE OF THE COMPANY ("BNS") BY MTU SERVICES (MALAYSIA) SDN BHD ("MSM")
| BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Type | Announcement |
| Subject | OTHERS |
| Description | WINDING-UP PETITION ON BOUSTEAD NAVAL SHIPYARD SDN BHD, AN ASSOCIATE OF THE COMPANY ("BNS") BY MTU SERVICES (MALAYSIA) SDN BHD ("MSM") |
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Reference is made to the announcement dated 3 July 2020 on the receipt of a Winding-up Petition (“Petition”) by Boustead Naval Shipyard Sdn Bhd (“BNS”), a major associated company.
The Board of Directors of Boustead Heavy Industries Corporation Berhad (“BHIC” or the “Company”) wishes to inform that the cost of investment of BHIC in BNS through its wholly-owned sub-subsidiary company, Perstim Industries Sdn Bhd as at 31 December 2019 was RM53,579,670.
This announcement is dated 7 July 2020. |
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Announcement Info
| Company Name | BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Stock Name | BHIC |
| Date Announced | 07 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07072020-00049 |