Announcements

Date: 14 September 2017

OTHERS INCORPORATION OF A NEW SUBSIDIARY IN SRI LANKA


Type Announcement
Subject OTHERS
Description INCORPORATION OF A NEW SUBSIDIARY IN SRI LANKA

The Company wishes to announce that its subsidiary, HCM Engineering Sdn Bhd  has incorporated a wholly own subsidiary in Sri Lanka, known as H C M Builders Lanka (Private) Limited ("H C M Builders") with a registered capital of  100,000 Sri Lankan Rupee (approximately RM2,700).          

 

The intended business activities of H C M Builders are mainly to undertake construction and infrastructure works in Sri Lanka.   

 

The investment in H C M Builders is not expected to have a material effect on the earnings or net assets of the  Protasco Group for the year ending 31 December 2017.

 



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