Tan Chong Motor Holdings

Bursa Announcements

Bursa Announcements

Incorporation of New Subsidiaries

BackOct 09, 2009
Type Announcement
Subject Incorporation of New Subsidiaries
Contents The Board of Directors of Tan Chong Motor Holdings Berhad ("TCMH") informs that the Group has on 8 October 2009 incorporated three (3) new subsidiaries ("Subsidiaries"), particulars of which are set out in the table below, under the Offshore Companies Act 1990 in the Federal Territory of Labuan, Malaysia to cater for the Group's future business expansion needs.

The formation of the Subsidiaries has no material effect on the earnings, net assets and gearing of the Group for the financial year ending 31 December 2009.

None of the directors or major shareholders of the Company or persons connect with them has an interest, direct or indirect, in the formation of the Subsidiaries.

This announcement is dated 9 October 2009.

No.

Name of Company

Authorized Capital /

Paid-up Capital

Shareholder

Principal Object

1.

Tan Chong Trading (Labuan) Pty Ltd

USD250,000 /

USD1

TCMH

Investment holding

2.

ETCM (C) Pty Ltd

USD250,000 /

USD1

ETCM (Labuan) Pty Ltd

Import, export and distribution of motor vehicles

3.

ETCM (L) Pty Ltd

USD250,000 /

USD1

ETCM (Labuan) Pty Ltd

Import, export and distribution of motor vehicles

 Note: ETCM (Labuan) Pty Ltd is a wholly-owned subsidiary of TCMH.

Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 9 Oct 2009  
Category General Announcement
Reference No TCM-091009-76711