Tan Chong Motor Holdings

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BackOct 24, 2013
Type Announcement
Subject OTHERS
Description Incorporation of new subsidiaries

 

The Board of Directors of Tan Chong Motor Holdings Berhad wishes to inform that the Group has incorporated two (2) new wholly-owned subsidiaries (“Subsidiaries”), the particulars of which are set out in the table below, under the Companies Act, 1965: 

Name of Company

Date of Incorporation

Authorised share capital

Issued and paid-up share capital

Shareholder

Principal Activity

TC Maju Properties Sdn Bhd

 

 

23 October 2013

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

TC Heritage Sdn Bhd

Property Investment Holding

TC Residence Sdn Bhd

 

 

24 October 2013

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

TC Heritage Sdn Bhd

Property Holding

The incorporation of the above Subsidiaries has no material effect on the earnings, gearing and net assets of the Group for the financial year ending 31 December 2013.

 

 


Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 24 Oct 2013  
Category General Announcement
Reference No TC-131021-D6FB8