EMICO

0.320

-0.015 (-4.5%)

OTHERS Emico Holdings Berhad (Emico or the Company) -Application to Strike Off Dormant Subsidiaries Pursuant to Section 550 of the Companies Act, 2016

EMICO HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Emico Holdings Berhad (Emico or the Company) 
-Application to Strike Off Dormant Subsidiaries Pursuant to Section 550 of the Companies Act, 2016

The Board of Directors of Emico wishes to announce that the following subsidiary and indirect subsidiary (“the Subsidiaries”) of the Company had, on 13 May 2024, submitted their applications to the Companies Commission of Malaysia to strike off their names from the register pursuant to Section 550 of the Companies Act 2016 (“Proposed Striking Off”):

 

No.

Name of Subsidiaries

Date of Incorporation

Number of Issued Share (RM)

Remarks

1.

Emico Tools Sdn Bhd

26.06.1989

250,000

Dormant

 

Wholly owned by Emico

2.

Emico Melaka Sdn Bhd

20.01.1997

140,000

Dormant

 

51% owned by Emico Marketing Sdn Bhd, a wholly owned subsidiary of Emico.

 

The Subsidiaries are currently dormant and have no intention to carry on business or operations in the future. 

 

The Proposed Striking Off will not have any financial impact on the Group for the financial year ending 31 March 2024.

 

The Proposed Striking Off is not subject to the approval of the shareholders of the Company. However, the Proposed Striking Off is subject to the approval of the CCM. 

 

This announcement is dated 13 May 2024.






Announcement Info

Company Name EMICO HOLDINGS BERHAD
Stock Name EMICO
Date Announced 13 May 2024
Category General Announcement for PLC
Reference Number GA1-13052024-00062