OTHERS Acquisition of Dormant Company
Acquisition of Dormant Company
Ancom Berhad (“Ancom” or “Company”) wishes to announce that the Company has on today acquired one (1) ordinary share representing the entire equity interest in Media Works Sdn. Bhd. (Company No. 1307492-K) (“MWSB”) for RM1.00 cash.
MWSB was incorporated in Malaysia on 13 December 2018 and is currently dormant.
The acquisition of MWSB will not have any material effect on the earnings, net assets and gearing of the Company and of the Ancom group for the financial year ending 31 May 2019.
None of the Directors and major shareholders of the Company and the person connected to them has any direct or indirect interest in the acquisition of MWSB.
This announcement is dated 1 March 2019.
|Company Name||ANCOM BERHAD|
|Date Announced||01 Mar 2019|
|Category||General Announcement for PLC|