INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY, PERANGSANG CAPITAL SDN BHD
Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements, the Board of Directors of Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor”) wishes to announce that Perangsang Selangor has on 10 October 2018, incorporated a wholly-owned subsidiary known as Perangsang Capital Sdn Bhd (“Perangsang Capital”) (Co. No. 1299008-V) (“Incorporation”).
The intended principal activity of Perangsang Capital is as an investment holding company.
The share capital of Perangsang Capital is RM2.00 divided into two (2) ordinary shares.
The Incorporation is not expected to have any material effect on the net assets per share and earnings per share, as well as the gearing of Perangsang Selangor group of companies for the financial year ending 31 December 2018.
None of the Directors and/or major shareholders of Perangsang Selangor and/or persons connected to them have any interests, direct or indirect, in the Incorporation.
This announcement is dated 11 October 2018.
|Company Name||KUMPULAN PERANGSANG SELANGOR BERHAD|
|Date Announced||11 Oct 2018|
|Category||General Announcement for PLC|