SOLID

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OTHERS Flood Incident at Wholly Owned Subsidiary of Solid Automotive Berhad

SOLID AUTOMOTIVE BERHAD

Type Announcement
Subject OTHERS
Description
Flood Incident at Wholly Owned Subsidiary of Solid Automotive Berhad

The Board of Directors (“Board”) wishes to announce that Borneo Technical Co. (M) Sdn. Bhd., one of the wholly owned subsidiaries of Solid Automotive Berhad, which is located at Lot DC01, Lot 2, Persiaran Sukan, Seksyen 13, 40100 Shah Alam, Selangor Darul Ehsan, Malaysia (“Office”) has been affected by the flood due to the continuous heavy rain on 18 and 19 December 2021. The Office is for administration purposes and storage of tradable automotive service parts and industrial supplies.

The Company is unable to ascertain the full financial and operational impacts at this juncture. Nonetheless, all the assets are adequately covered by insurance.

The Board will make further announcement as and when there is new development on this matter.

This announcement is dated 23 December 2021.






Announcement Info

Company Name SOLID AUTOMOTIVE BERHAD
Stock Name SOLID
Date Announced 23 Dec 2021
Category General Announcement for PLC
Reference Number GA1-23122021-00067