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Incorporation Of A New Subsidiary

BackAug 03, 2010
Type Announcement
Subject INCORPORATION OF A NEW SUBSIDIARY
Contents The Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH”) informs that the Group has incorporated a wholly-owned subsidiary named ETCM (V) Pte Ltd under the Labuan Companies Act, 1990 on 2 August 2010 to cater for the Group’s business expansion needs.

The particulars of ETCM (V) Pte Ltd are as follows:

Paid-up Capital : USD1/-
Shareholder : ETCM (Labuan) Pty Ltd (a wholly-owned subsidiary of Edaran Tan Chong Motor Sdn Bhd, which in turn is a wholly-owned subsidiary
of TCMH)
Principal Activity : Investment holding

The formation of ETCM (V) Pte Ltd has no material effect on the earnings, gearing and net assets of the Group for the financial year ending 31 December 2010.

This announcement is dated 3 August 2010.

 


Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 3 Aug 2010  
Category General Announcement
Reference No TC-100802-53103
Tan Chong Motor Holdings Berhad

Tan Chong Motor Holdings Berhad