PCCS

0.400

+0.01 (+2.6%)

OTHERS PCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - INCORPORATION OF 80%-OWNED SUBSIDIARY COMPANY, NAMELY SOUTHERN AUTO CAPITAL SDN. BHD.

PCCS GROUP BERHAD

Type Announcement
Subject OTHERS
Description
PCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - INCORPORATION OF 80%-OWNED SUBSIDIARY COMPANY, NAMELY SOUTHERN AUTO CAPITAL SDN. BHD.

Reference made to Company's announcement made on 12 April 2021 (Reference no. GA1-12042021-00065) in relation to the Shareholders Agreement.

 

The Board of Directors of PCCS wishes to announce that PCCS had on 19 April 2021 incorporated a 80%-owned subsidiary company under the name of Southern Auto Capital Sdn. Bhd. with a issued share capital of RM100/- (Ringgit Malaysia: One Hundred Only) comprising one hundred (100) shares at RM1/- per share.

 

The intended principal activity of Southern Auto Capital Sdn. Bhd. is leasing, hirepurchase and insurance business for all kinds of motor vehicles and machineries.

 

None of the Directors and/or Major Shareholders of PCCS or persons connected to the Directors and/or Major Shareholders of PCCS has any interest, direct or indirect, in the above incorporation.

 

This announcement is dated 20 April 2021.






Announcement Info

Company Name PCCS GROUP BERHAD
Stock Name PCCS
Date Announced 20 Apr 2021
Category General Announcement for PLC
Reference Number GA1-20042021-00084