Announcements
Announcements
Date : 20 June 2017

OTHERS Cypark Resources Berhad ("CRB" or "the Company") - Incorporation of a new wholly-owned subsidiary by Cypark Green Tech Sdn. Bhd., a wholly-owned subsidiary of the Company

CYPARK RESOURCES BERHAD

Type Announcement
Subject OTHERS
Description
Cypark Resources Berhad ("CRB" or "the Company") - Incorporation of a new wholly-owned subsidiary by Cypark Green Tech Sdn. Bhd., a wholly-owned subsidiary of the Company

1.   Introduction

 

The Board of Directors of CRB wishes to announce that its wholly-owned subsidiary, namely, Cypark Green Tech Sdn. Bhd. (Company No. 1207431-D) ("CGT") had on 20 June 2017 incorporated a new wholly-owned subsidiary, namely, Cypark REstore Sdn. Bhd. (Company No. 1235890-U) ("CR") ("the Incorporation").

 

2.   Details of CR

 

CR was incorporated as a private company limited by shares with an issued share capital of RM1,000/- comprising 1,000 ordinary shares. CR will be principally engaged in the provision of green technology and renewable energy services.

 

3.   Financial effects

 

The Incorporation is not expected to have any material effects on the earnings, gearing and net assets per share of CRB.

 

4.   Directors’ and major shareholders’ interests

 

None of the directors and/or major shareholders of CRB and/or persons connected with them have any interest, direct or indirect, in the Incorporation.

 

5.   Statement by the Directors

 

The Board of Directors of CRB, having considered all aspects of the Incorporation, are of the opinion that the Incorporation is in the best interest of CRB.

 

This announcement is dated 20 June 2017.






Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 20 Jun 2017
Category General Announcement for PLC
Reference Number GA1-20062017-00034



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