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Winding Up / Receiver & Manager / Restraining Order / Special Administrator

BackApr 17, 2018
Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description

Striking off of an overseas subsidiary - Active Footwear Pte. Ltd.

Bonia Corporation Berhad (“Bonia” or “Company”) wishes to inform that an application to strike off Active Footwear Pte. Ltd. (“AFPL”), a wholly-owned subsidiary company of Active World Pte Ltd, which in turn is a direct wholly-owned subsidiary of Bonia from the register of the Accounting and Corporate Regulatory Authority (ACRA) Singapore was submitted on 09 February 2018 via ACRA portal and the Acknowledgement of the said application issued by ACRA was received by the Company on 16 April 2018.

 

AFPL was incorporated on 22 November 2010 in Singapore with its paid-up capital of SGD10,000.00 and has ceased its business activities on 01 July 2016. The striking off of AFPL is part of Bonia’s continued initiative to eliminate unnecessary administrative costs in maintaining dormant subsidiaries, and it is not expected to have any material effects on the earnings or net assets of Bonia Group for the financial year ending 30 June 2018.

 

None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the striking off of AFPL.

 

This announcement is dated 17 April 2018.





Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 17 Apr 2018
Category General Announcement for PLC
Reference Number GA1-17042018-00085