Bursa Announcements

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BackAug 26, 2011
Date Announced
:
26/08/2011  



Type
:
Announcement
Subject
:
OTHERS

Description
:
INCORPORATION OF SUBSIDIARY COMPANY IN MALAYSIA

Announcement Details/Table Section :

The Board of Directors of Bonia Corporation Berhad ("the Company") wishes to inform that the wholly-owned subsidiary of the Company, CRG Incorporated Sdn Bhd had on 26 August 2011 incorporated a wholly-owned subsidiary in Malaysia known as CRV SDN BHD ("CRV").

The current authorised share capital of CRV is RM100,000 comprising of 100,000 ordinary shares of RM1.00 each, of which all have been issued and fully paid-up.

The intended principal activities of CRV are marketing and distribution of fashionable goods and accessories.

The incorporation of CRV has no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 30 June 2012.

None of the Directors and major shareholders or persons connected to the Directors or major shareholders of the Company and its subsidiaries have any interest, direct or indirect, in the incorporation of CRV.

This announcement is dated 26 August 2011.