OTHERS DISSOLUTION OF DOMI-STAR OPTOELECTRONICS CORPORATION
| D & O GREEN TECHNOLOGIES BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | DISSOLUTION OF DOMI-STAR OPTOELECTRONICS CORPORATION |
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The Board of Directors of D & O Green Technologies Berhad (“D&O” or “the Company”) wishes to announce that the dormant joint venture company of Dominant Opto Technologies Sdn Bhd (“DOT”), namely Domi-Star Optoelectronics Corporation (“Domi-Star”) has been officially dissolved by Ministry of Economic Affairs, Taiwan, Republic of China (“MOE”) on 27 May 2025.
Domi-Star is a joint venture company with DOT holding 51% shareholding (DOT being a 90% subsidiary of the Company) and Lighting Investment Corporation ("LIC") holding 49% shareholding, where LIC is a wholly-owned subsidiary of Epistar Corporation.
The notice of dissolution from MOE dated 27 May 2025 was received on 9 June 2025.
The dissolution of Domi-Star has no material effect on the earnings and net assets of the D&O Group for the financial year ending 31 December 2025.
This announcement is dated 10 June 2025. |
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Announcement Info
| Company Name | D & O GREEN TECHNOLOGIES BERHAD |
| Stock Name | D&O |
| Date Announced | 10 Jun 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10062025-00050 |