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Announcement
Date : 13 October 2015

OTHERS PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR "THE COMPANY") INCORPORATION OF FOUR (4) WHOLLY-OWNED SUBSIDIARIES

PERISAI PETROLEUM TEKNOLOGI BHD

Type Announcement
Subject OTHERS
Description
PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR "THE COMPANY")
INCORPORATION OF FOUR (4) WHOLLY-OWNED SUBSIDIARIES

The Company wishes to announce that its two (2) wholly-owned subsidiaries, Perisai Drilling Holdings Sdn Bhd and Perisai Production Holdings Sdn Bhd have each incorporated two (2) new wholly-owned subsidiary companies in Malaysia under the Companies Act 1965, the particulars of which are set out in the table below :

(a) Wholly-owned subsidiaries of Perisai Drilling Holdings Sdn Bhd

Name of Company

Date of Incorporation

Authorised Share capital

Issued and Paid-up Share capital

Intended Principal activity

Perisai Drilling Operations Sdn Bhd

13 October 2015

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

The conduct of oil and gas drilling activities.

Perisai Drilling Services Sdn Bhd

13 October 2015

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

The conduct of oil and gas drilling activities.

(b) Wholly-owned subsidiaries of Perisai Production Holdings Sdn Bhd

Name of Company

Date of Incorporation

Authorised Share capital

Issued and Paid-up Share capital

Intended Principal activity

Perisai Production Operations Sdn Bhd

13 October 2015

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

The conduct of oil and gas production activities.

Perisai Production Services Sdn Bhd

13 October 2015

RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each

RM2.00

The conduct of oil and gas production activities.

 

The incorporation of the abovementioned four (4) wholly-owned subsidiaries (“Incorporation”) is in furtherance to future strategic plans that the Perisai Group will undertake.

The Incorporation will not have any effect on the earnings nor net assets of Perisai for the financial year ending 31 December 2015.

None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Incorporation.

 

This announcement is dated 13 October 2015

 

 

 

  






Announcement Info

Company Name PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name PERISAI
Date Announced 13 Oct 2015
Category General Announcement for PLC
Reference Number GA1-30092015-00006


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