Type | Announcement |
Subject | OTHERS |
Description | Striking Off of Subsidiary |
The Board of Directors of KKB Engineering Berhad (“KKB”) wishes to announce that KKB Energy Pte Ltd (“KKBEPL”), a wholly-owned subsidiary of KKB, has on 25 May 2012, applied to the Accounting and Corporate Regulatory Authority in Singapore to strike off KKBEPL pursuant to Section 344 of the Singapore Companies Act (Cap 50) (“Striking Off”). KKBEPL was incorporated in Singapore on 19 May 2010. Its present issued and fully paid up capital is SGD1.00 comprising one (1) ordinary share of SGD1.00, held by KKB Engineering Berhad. KKBEPL has not been involved in any business activity since its incorporation. The Striking Off of KKBEPL is part of the rationalisation and streamlining exercise of KKB Group of Companies. The Striking Off of KKBEPL will not have any financial or operational effects on KKB Group of Companies. None of the Directors or major shareholders or persons connected with them has any interest, direct and indirect, in the Striking Off. This announcement is dated 25 May 2012. |
Company Name | KKB ENGINEERING BERHAD |
Stock Name | KKB |
Date Announced | 25 May 2012 |
Category | General Announcement |
Reference No | CC-120525-58C50 |