Tan Chong Motor Holdings

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BackJan 04, 2013
Type Announcement
Subject OTHERS
Description INCORPORATION OF NEW SUBSIDIARIES

The Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH”) wishes to inform that the Group has incorporated three (3) 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 PLASTICS SDN BHD

3 January 2013

RM100,000/- divided into 100,000 shares of RM1/- each

RM2/-

TC Manufacturing Holdings Sdn Bhd

(a wholly-owned subsidiary of TCMH)

Supply of painted plastic parts to automotive assembly plants and plastic injection manufacturing

TMC SERVICES SDN BHD

3 January 2013

RM10,000,000/- divided into 10,000,000 shares of RM1/- each

RM2/-

Tan Chong & Sons Motor Company Sdn Bhd

(a wholly-owned subsidiary of TCMH)

Provision of treasury management services

TC ITECH SDN BHD

3 January 2013

RM100,000/- divided into 100,000 shares of RM1/- each

RM2/-

TCMH

Provision of information technology services

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 4 Jan 2013  
Category General Announcement
Reference No TC-130102-63383