WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR MEMBERS’ VOLUNTARY WINDING UP OF DORMANT SUBSIDIARIES IN THE UMW GROUP
UMW HOLDINGS BERHAD |
Type | Announcement |
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
Description | MEMBERS’ VOLUNTARY WINDING UP OF DORMANT SUBSIDIARIES IN THE UMW GROUP |
UMW wishes to announce that UMW Pressure Control Sdn Bhd, its dormant subsidiary company incorporated in Malaysia, is being placed under members’ voluntary winding up as part of UMW’s initiative to reduce the number of dormant companies in the Group and to eliminate unnecessary administrative costs in maintaining the said subsidiary further. Ms Lynda Pan Seng Wee of Securities Services (Holdings) Sdn Bhd has been appointed Liquidator of the said company, for liquidation purposes. There is no material impact on the net tangible assets and earnings per share of the Group for the financial year ending 31st December 2013 arising from the liquidation. This announcement is dated 5th August 2013. cc - Securities Commission (Corporate Finance & Investments) |
Announcement Info
Company Name | UMW HOLDINGS BERHAD |
Stock Name | UMW |
Date Announced | 5 Aug 2013 |
Category | General Announcement |
Reference No | UH-130805-36509 |