Others

BackMay 22, 2018
Type Announcement
Subject OTHERS
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY") STRIKING-OFF OF SALCON GREEN ENERGY (UK) LIMITED

Pursuant to Paragraph 9.19(24) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of the Company wishes to inform that Salcon Green Energy (UK) Limited (“SGE”), a wholly-owned subsidiary of Salcon Power Sdn Bhd, the wholly-owned subsidiary of Salcon Engineering Berhad which in turn is a wholly-owned subsidiary of Salcon, has been dissolved via a voluntary striking off on 22 May 2018 in accordance with Section 1003 of the Companies Act, 2006, United Kingdom following an application made by SGE to the Companies House, United Kingdom for striking-off of SGE.

 

SGE, was incorporated in the United Kingdom on 15 September 2011 under the Companies Act, 2006 as a private limited company. It has not commenced business since inception. The issued and paid up share capital of SGE is £10,000 divided into 10,000 ordinary shares.

 

The striking off of SGE will not have any material effect on the earnings or net assets of Salcon and its subsidiaries for the financial year ending 31 December 2018. It will not have any effect on the share capital and substantial shareholders’ shareholding of the Company.

 

This announcement is dated 22 May 2018.




Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 22 May 2018
Category General Announcement for PLC
Reference Number GA1-18052018-00023