Incorporation Of Salcon Engineering vietnam Company Limited, Vietnam

BackFeb 03, 2009
Salcon Berhad ("Salcon" or "the Company") is pleased to announce the incorporation of Salcon Engineering Vietnam Company Limited ("SEV") in Vietnam on 20 January 2009.

The legal capital of SEV is USD250,000 and its principal activitiy is construction.

SEV is a wholly-owned subsidiary of Salcon Engineering Berhad, a wholly-owned subsidiary of the Company.

The incorporation of SEV will not have any material effect on the earnings or net assets of Salcon Group for the financial year ending 31 December 2009, and the share capital of the Company.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the incorporation of SEV.