WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Member's voluntary winding-up of Subsidiaries, Mentiga Plantation Management Sdn Bhd and Selat Bersatu Sdn Bhd
MENTIGA CORPORATION BERHAD |
Type | Announcement | ||||||||||||
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
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Description | Member's voluntary winding-up of Subsidiaries, Mentiga Plantation Management Sdn Bhd and Selat Bersatu Sdn Bhd |
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The Board of Directors of Mentiga Corporation Berhad (“MCB”) wishes to announce that the following subsidiaries of MCB, have been placed under member’s voluntary winding-up on 18 July 2017:
(‘the Subsidiaries”)
The details of the Subsidiaries are as follows:
The Subsidiaries are not major subsidiaries of MCB. The Subsidiaries are presently dormant.
AFTAAS Corporate Advisory Services Sdn Bhd of No. 2, Jalan Rampai Niaga 2, Rampai Business Park, 53300 Kuala Lumpur has been appointed as the Liquidator. MCB Group has no intention to re-activate the Subsidiaries and the member’s voluntary winding-up will save future administrative costs to maintain the Subsidiaries.
The member’s voluntary winding-up of the Subsidiaries is not expected to have any impact on the earnings and net assets of MCB Group for the Financial Year ending 31 December 2017. It is also not expected to have any operational impact on MCB Group.
None of the Directors or Major Shareholders of MCB and/or persons connected with them has any interest, direct or indirect, in relation to the member’s voluntary winding-up.
This announcement is dated 18 July 2017. |
Announcement Info
Company Name | MENTIGA CORPORATION BERHAD |
Stock Name | MENTIGA |
Date Announced | 18 Jul 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-16062017-00006 |