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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR AMCORP PROPERTIES BERHAD ("AMPROP" OR "THE COMPANY") - COMMENCEMENT OF VOLUNTARY LIQUIDATION OF COUNTRY REALTY LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

AMCORP PROPERTIES BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
AMCORP PROPERTIES BERHAD ("AMPROP" OR "THE COMPANY")
- COMMENCEMENT OF VOLUNTARY LIQUIDATION OF COUNTRY REALTY LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

AMPROP wishes to announce that it had today received confirmation that Country Realty Limited (“CRL”), a wholly-owned subsidiary of AMPROP, had on 5 October 2020 commenced voluntary liquidation pursuant to the provisions of the BVI Business Companies Act, 2004 (“Voluntary Liquidation”). Kin Nam TANG was appointed as voluntary liquidator for the Voluntary Liquidation.

CRL is incorporated in the British Virgin Islands under the BVI Business Companies Act, 2004 on 5 July 2010 and the issued share capital of CRL is GBP1.00 comprising 1 ordinary share. CRL was principally engaged in property investment and is currently dormant. CRL has no intention to carry on business in the future and the Voluntary Liquidation will save cost and time in monitoring and maintaining the company on a regular basis.

The Voluntary Liquidation will not have any material effect on the earnings, net assets and gearing of AMPROP Group for the financial year ending 31 March 2021 and will not have any effect on the issued share capital and substantial shareholders’ shareholdings of AMPROP. 

None of the directors and major shareholders of AMPROP or any person connected to them has any interest, direct or indirect, in the Voluntary Liquidation.

This announcement is dated 6 October 2020.






Announcement Info

Company Name AMCORP PROPERTIES BERHAD
Stock Name AMPROP
Date Announced 06 Oct 2020
Category General Announcement for PLC
Reference Number GA1-02102020-00022