OTHERS PROTASCO BERHAD – INCORPORATION OF A NEW SUBSIDIARY
PROTASCO BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | PROTASCO BERHAD – INCORPORATION OF A NEW SUBSIDIARY |
Protasco Berhad ("Company") wishes to announce that its wholly-owned subsidiary, Protasco Venture Partners Inc, has on 7 May 2014 incorporated a wholly-owned subsidiary, Protasco Agro Ltd (“PAL”), a company incorporated in the British Virgin Islands (“Incorporation”). The Certificate of Incorporation was received by the Company on 12 May 2014.
PAL, which was set up to undertake new ventures, has an authorised share capital of US$10 million divided into 10,000,000,000 shares at par value of US$0.001. The paid up capital is US$2 million divided into 2,000,000,000 shares of US$0.001 each.
None of the directors and/or major shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the above-mentioned Incorporation.
The aforesaid Incorporation is not subject to shareholders’ approval. |
Announcement Info
Company Name | PROTASCO BERHAD |
Stock Name | PRTASCO |
Date Announced | 12 May 2014 |
Category | General Announcement |
Reference No | CA-140512-57898 |