Incorporation Of A New Subsidiary
BackJul 07, 2006
| Type | Announcement |
| Subject | INCORPORATION OF A NEW SUBSIDIARY |
Contents :
The Directors of the Company wish to inform that the Company has incorporated a wholly-owned subsidiary with the name of TC Aluminium Castings Sdn Bhd ("TCAC") under the Companies Act, 1965 on 4 July 2006 to cater for the Group’s future business expansion needs.
TCAC has an authorized capital of RM100,000/- made up of 100,000 shares of RM1/- each and an issued and paid-up capital of RM2/- made up of 2 ordinary shares of RM1/- each.
The above formation has no material effect on the earnings and net tangible assets of the Group for the financial year ending 31 December 2006.
None of the directors or substantial shareholders has an interest, direct or indirect, in the formation of the new company.
This announcement is dated 7 July 2006.
Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 7 Jul 2006 |
| Category | General Announcement |
| Reference No | TC-060707-368EC |