UMW is pleased to announce that its wholly-owned subsidiary, UMW Petropipe (L) Ltd, had on 7th June 2012, established a wholly-owned subsidiary known as UMW Drilling 4 (L) Ltd (“UMWD4”) in the Federal Territory of Labuan, Malaysia.

The intended principal activity of UMWD4 is investment holding. The initial paid-up capital of UMWD4 is USD1.00 divided into 1 ordinary share of USD1.00.

The first Director of UMWD4 is Y Bhg Datuk Syed Hisham bin Syed Wazir.

cc    -   Securities Commission

            (Corporate Finance & Investments)