The Board of Directors of Bonia Corporation Berhad ("the Company") wishes to inform that the Company had on 12 September 2011 incorporated a wholly-owned subsidiary in Malaysia known as Paris RCG Sdn Bhd ("PRCG").

The current authorised share capital of PRCG is RM100,000 comprising of 100,000 ordinary shares of RM1.00 each, of which 2 ordinary shares have been issued and fully paid-up.

The intended principal activities of PRCG are of managing food and beverage business. 

The incorporation of PRCG 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 PRCG.

This announcement is dated 12 September 2011.