MBSB

0.695

+0.015 (+2.2%)

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Members' Voluntary Winding Up of Wholly-owned Subsidiary

MALAYSIA BUILDING SOCIETY BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Members' Voluntary Winding Up of Wholly-owned Subsidiary

Malaysia Building Society Berhad ("MBSB") wishes to announce that MBSB Project Management Sdn Bhd (“MPMSB”) a wholly-owned subsidiary of MBSB, had held its Extraordinary General Meeting on 1 December 2020, at which it was resolved that the MPMSB be placed under members’ voluntary winding up. MPMSB had appointed  Khoo Siew Kiat and Kevin Lee Tuck Yuen as Liquidators for the purpose of the members’ voluntary winding up.

The brief background information of MPMSB are as follows:-

 

No.

Company

Principal Activity

1.

MBSB Project Management Sdn Bhd

- Project management operations

- Ceased operations as at 1 January 2004 and is currently dormant

 

The voluntary winding-up of MPMSB does not have material effect on the earnings, gearing or net assets of MBSB for the financial year ending 31 December 2020.

None of the Directors or substantial shareholders of MBSB or persons connected to them has any interest, direct or indirect, in the voluntary winding-up.

This announcement is dated 1 December 2020






Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 01 Dec 2020
Category General Announcement for PLC
Reference Number GA1-01122020-00056