Tan Chong Motor Holdings

News

Incorporation Of New Subsidiary In Labuan Federal Territory Malaysia

BackDec 21, 2018
Type Announcement
Subject OTHERS
Description

INCORPORATION OF NEW SUBSIDIARY IN LABUAN FEDERAL TERRITORY MALAYSIA

The Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH” or “the Company”) is pleased to inform that the Group has incorporated a wholly-owned subsidiary namely TC Security Services (Labuan) Pte Ltd [“TC Security Services (Labuan)”], the particulars of which are set out in the table below, under the Labuan Companies Act, 1990:

Name of Company

Date of Incorporation

Issued and Paid-Up Capital

Shareholder

Principal Activity

TC Security Services (Labuan) Pte Ltd

20 December 2018

USD1.00

 

TCMH

 

Investment holding

The incorporation of TC Security Services (Labuan) is not expected to have any material effect on the earnings, gearing or net assets of the Group for the financial year ending 31 December 2018.

None of the Directors, substantial shareholders of the Company and/or persons connected with them, has any interest, direct or indirect, in the incorporation of TC Security Services (Labuan).

This announcement is dated 21 December 2018.




Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD
Stock Name TCHONG
Date Announced 21 Dec 2018
Category General Announcement for PLC
Reference Number GA1-15112018-00045