WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR TEO SENG CAPITAL BERHAD ("Teo Seng" OR "The Company") -MEMBERS' VOLUNTARY WINDING-UP OF PIONEER PROSPERITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
TEO SENG CAPITAL BERHAD |
Type | Announcement |
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
Description | TEO SENG CAPITAL BERHAD ("Teo Seng" OR "The Company") -MEMBERS' VOLUNTARY WINDING-UP OF PIONEER PROSPERITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
Further to the Company’s announcement dated 20 December 2019, the Board of Directors of Teo Seng wishes to update that its wholly-owned subsidiary, Pioneer Prosperity Sdn Bhd (“Pioneer ") , had held its fully virtual final meeting of the Members’ Voluntary Winding-up (“Final Meeting”) on 22 June 2021 to conclude its Members' Voluntary Winding-up.
The Liquidators will lodge with the Companies Commission of Malaysia and Official Receiver a return of the holding of the Final Meeting (“Returns”) and of its date with a copy of the account attached to such Returns, within seven days from the Final Meeting in accordance with Section 459(3) of the Companies Act 2016 (“the Act”). Pioneer will be dissolved on the expiration of three months from the date of lodgement of the Returns by the Liquidators pursuant to Section 459(5) of the Act.
This announcement is dated 22 June 2021. |
Announcement Info
Company Name | TEO SENG CAPITAL BERHAD |
Stock Name | TEOSENG |
Date Announced | 22 Jun 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-15062021-00013 |