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GOB

0.170

+0.005 (+3%)

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Member's voluntary winding up of a wholly-owned subsidiary, Global Oriental (Taiwan) Limited.

GLOBAL ORIENTAL BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Member's voluntary winding up of a wholly-owned subsidiary, Global Oriental (Taiwan) Limited.

The Board of Directors of Global Oriental Berhad (“GOB” or “Company”) wishes to announce that Global Oriental (Taiwan) Limited (“GOTW”), a wholly-owned subsidiary of Versatile Flagship Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company had on 27 March 2019 commenced member’s voluntary winding up pursuant to the Taiwan Companies Act (“Winding Up”).

 

GOTW was incorporated in Taiwan on 26 June 2014 and its principal activity was trading. GOTW had been dormant since late 2017. Diwan & Company based in Taiwan (R.O.C.), has been appointed to perform the dissolution and liquidation of GOTW.

 

The Winding Up of GOTW is not expected to have any material impact on the earnings and net assets of the GOB Group for the financial year ending 31 March 2019.

 

This announcement is dated 27 March 2019.






Announcement Info

Company Name GLOBAL ORIENTAL BERHAD
Stock Name GOB
Date Announced 27 Mar 2019
Category General Announcement for PLC
Reference Number GA1-27032019-00058