OTHERS DISSOLUTION OF WHOLLY-OWNED SUBSIDIARIES
LION FOREST INDUSTRIES BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | DISSOLUTION OF WHOLLY-OWNED SUBSIDIARIES |
The Board of Directors of Lion Forest Industries Berhad (“LFIB” or the “Company”) hereby announce that the Company was notified on 23 April 2019 that the following dormant wholly-owned subsidiaries of the Company incorporated in the British Virgin Islands (“BVI Subsidiaries”), have been dissolved by way of voluntary liquidation:
1. Alpha Deal Group Limited 2. Brilliant Elite Investments Limited 3. Classy Elite Investments Limited 4. Dynamic Shine Holdings Limited 5. Elite Harvest Group Limited 6. Eminent Prosper Limited 7. Great Zone Investments Limited 8. Harvest Boom Investments Limited 9. Jade Harvest International Limited 10. Jade Power Holdings Limited 11. Mile Treasure Limited 12. Pinnacle Treasure Limited 13. Sky Yield Group Limited 14. Superb Harvest Limited 15. Superb Reap Limited 16. Ultra Strategy Limited
The dissolution of BVI Subsidiaries do not have any material impact on the earnings of the LFIB Group for the financial year ending 30 June 2019 and the net assets of the LFIB Group based on the audited consolidated statement of financial position of LFIB as at 30 June 2018. |
Announcement Info
Company Name | LION FOREST INDUSTRIES BERHAD |
Stock Name | LIONFIB |
Date Announced | 23 Apr 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-23042019-00049 |