Others
BackDec 12, 2017
| Type | Announcement |
| Subject | OTHERS |
| Description |
INCORPORATION OF A NEW SUBSIDIARY |
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The Board of Directors of Tan Chong Motor Holdings Berhad (“the Company”) is pleased to inform that the Group has incorporated a new wholly-owned subsidiary namely TC Commercial Insure Agency Sdn. Bhd. under the Companies Act 2016 on 12 December 2017. TC Commercial Insure Agency Sdn. Bhd. has an issued share capital of RM2/- comprising 2 ordinary shares. Its principal activity is to carry out the insurance agency business. The incorporation of TC Commercial Insure Agency Sdn. Bhd. has no material effect on the earnings, gearing and net assets of the Group for the financial year ending 31 December 2017. This announcement is dated 12 December 2017.
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Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 12 Dec 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08122017-00027 |