BURSA ANNOUCEMENTS

Date : 23 May 2016

OTHERS Acquisition of Dormant Companies

ANCOM BERHAD

Type Announcement
Subject OTHERS
Description
Acquisition of Dormant Companies

Ancom Berhad ("Company") wishes to announce that Ancom Nutrifoods Sdn Bhd, a wholly-owned subsidiary of Ancom Crop Care Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, has acquired the entire 2 ordinary shares of RM1/= each in Warisan Setara Sdn Bhd (Co. No. 1116634-H) (“WSSB”) at par for cash. WSSB was incorporated in Malaysia on 06 November 2014 under the Companies Act, 1965. The authorised share capital of WSSB is RM400,000/= of which RM2/= made up of 2 ordinary shares of RM1/= each have been issued and fully paid-up.

 

The Company also wishes to announce that Puncak Berlian Sdn Bhd, a wholly-owned subsidiary of Redberry Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, has acquired the entire 2 ordinary shares of RM1/= each in Titanium Compass Sdn Bhd (Co. No. 1184819-H) (“TCSB”) at par for cash. TCSB was incorporated in Malaysia on 06 November 2014 under the Companies Act, 1965. The authorised share capital of TCSB is RM400,000/= of which RM2/= made up of 2 ordinary shares of RM1/= each have been issued and fully paid-up.

 

Both WSSB and TCSB are currently dormant.

 

This announcement is dated 23 May 2016.

 






Announcement Info

Company Name ANCOM BERHAD
Stock Name ANCOM
Date Announced 23 May 2016
Category General Announcement for PLC
Reference Number GA1-23052016-00016