GENM

2.580

-0.04 (-1.5%)

OTHERS GENTING MALAYSIA BERHAD ("GENM") - RECLASSIFICATION FROM INDIRECT 51%-OWNED SUBSIDIARY TO ASSOCIATE

GENTING MALAYSIA BERHAD

Type Announcement
Subject OTHERS
Description
GENTING MALAYSIA BERHAD ("GENM")
- RECLASSIFICATION FROM INDIRECT 51%-OWNED SUBSIDIARY TO ASSOCIATE

Further to the Company’s announcement  made on 16 July 2015, the Board of Directors of GENM wishes to inform that Waters Solihull Limited where the Group has an existing 51% equity interest, had been reclassified as an associate in accordance with the prevailing accounting standards arising from the terms and conditions agreed between the shareholders, subsequent to the incorporation.

This announcement is dated 18 March 2016.

 

 






Announcement Info

Company Name GENTING MALAYSIA BERHAD
Stock Name GENM
Date Announced 18 Mar 2016
Category General Announcement for PLC
Reference Number GA1-03032016-00001