E&O

1.110

(%)

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Members' Voluntary Winding-up of Subsidiary Companies (Announcement pursuant to Chapter 9.19(19) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements)

EASTERN & ORIENTAL BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Members' Voluntary Winding-up of Subsidiary Companies (Announcement pursuant to Chapter 9.19(19) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements)

Eastern & Oriental Berhad (“E&O”) wishes to announce that the following indirect subsidiaries of E&O (“the Companies”), had each held their Extraordinary General Meeting on 19 March 2024, at which it was resolved that the Companies be wound-up voluntarily by the members and that Mr Wong Heng Boon be appointed as Liquidator of the respective Companies:

Subsidiary

Date of Incorporation

Principal activity prior to Winding-Up

KCB Trading Sdn Bhd

23 June 1975

Property development and property investment

Monplus Housing Development Sdn Bhd

10 August 1989

Housing development

Mergexcel Property Development Sdn Bhd

19 September 2005

Property development

The Companies are currently dormant/inactive and/or have no intention to carry on business or operations in the future.

The voluntary winding-up of the Companies will not have a material effect on the earnings and net assets of the E&O Group for the financial year ended 31 March 2024.

None of the directors or major shareholders or persons connected to directors or major shareholders of E&O has any interest, direct or indirect, in the members’ voluntary winding-up.






Announcement Info

Company Name EASTERN & ORIENTAL BERHAD
Stock Name E&O
Date Announced 26 Apr 2024
Category General Announcement for PLC
Reference Number GA1-26042024-00035