INSAS

1.060

+0.02 (+1.9%)

OTHERS INSAS BERHAD ("THE COMPANY") APPLICATION TO STRIKE OFF DORMANT SUBSIDIARIES

INSAS BERHAD

Type Announcement
Subject OTHERS
Description
INSAS BERHAD ("THE COMPANY")
APPLICATION TO STRIKE OFF DORMANT SUBSIDIARIES

Insas Berhad (“Insas”) wishes to announce that Numoni Technology Pte Ltd (“NTPL”) and Numoni Singapore Pte Ltd (“NSPL”), both indirect wholly-owned dormant subsidiaries of Insas have applied to the Accounting and Corporate Regulatory Authority (“ACRA”) for the striking off of NTPL and NSPL pursuant to Section 344A of the Singapore Companies Act (“Proposed Striking Off”).

NTPL and NSPL had ceased operations and became dormant in December 2018 and January 2021 respectively, and the Proposed Striking Off will reduce the administrative resources and costs to be incurred for maintaining the 2 dormant subsidiaries.

The Proposed Striking Off will not have any impact on the earnings and net assets of Insas for the financial year ending 30 June 2021.

This announcement is dated 19 May 2021.






Announcement Info

Company Name INSAS BERHAD
Stock Name INSAS
Date Announced 19 May 2021
Category General Announcement for PLC
Reference Number GA1-19052021-00062