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 |