E&O

0.975

-0.025 (-2.5%)

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 direct/indirect wholly-owned subsidiaries of E&O (“the Companies”), had each held their Extraordinary General Meeting today, 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

Unicorn Housing Development Sdn Bhd

10 August 1989

Housing development

Teratak Warisan (M) Sdn Bhd

20 February 1995

Investment holding

Trans-Mutual Sdn Bhd

5 April 1989

Investment holding

E&O-Pie Sdn Bhd

5 April 1997

Property investment

Radiant Kiara Sdn Bhd

6 September 1996

Property investment

KCB Geotechnics Sdn Bhd

10 August 1989

Property investment

 

Teratak Warisan (M) Sdn Bhd and Trans-Mutual Sdn Bhd are currently dormant. The other subsidiary companies have ceased their business operations and are currently inactive.

 

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 ending 31 March 2020.

 

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.

 

This announcement is dated 29 October 2019.
 






Announcement Info

Company Name EASTERN & ORIENTAL BERHAD
Stock Name E&O
Date Announced 29 Oct 2019
Category General Announcement for PLC
Reference Number GA1-29102019-00013