Tan Chong Motor Holdings

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BackJun 29, 2011
Type Announcement
Subject OTHERS
Description INCORPORATION OF A NEW SUBSIDIARY

The Board of Directors of Tan Chong Motor Holdings Berhad ("the Company) informs that the Company has incorporated a new subsidiary named Tan Chong Motorcycles (Malaysia) Sdn Bhd under the Companies Act, 1965 on 28 June 2011.

Tan Chong Motorcycles (Malaysia) Sdn Bhd has an authorised capital of RM100,000/- made up of 100,000 shares of RM1/- each and an issued and paid-up capital of RM2/-. Its principal activity will be manufacturing of motorcycles.

The incorporation of the new subsidiary has no material effect on the earnings, gearing and net assets of the Group for the financial year ending 31 December 2011.

 


Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 29 Jun 2011  
Category General Announcement
Reference No TCM-110628-51689