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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Striking off of an overseas subsidiary - SCRL Pte. Ltd.

BONIA CORPORATION BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Striking off of an overseas subsidiary - SCRL Pte. Ltd.

Bonia Corporation Berhad (“Bonia” or “Company”) wishes to inform that an application to strike off SCRL Pte. Ltd. (“SCRL”), a wholly-owned subsidiary company of Active World Pte Ltd (“AWPL”), 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 19 September 2019 via ACRA portal and the Acknowledgement of the said application issued by ACRA was received by AWPL on 19 September 2019.

 

SCRL was incorporated on 03 March 2009 in Singapore with its paid-up capital of $10,000.00 and has ceased its business activities on 31 August 2017. The striking off of SCRL 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 2020.

 

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 SCRL.

 

This announcement is dated 27 September 2019.






Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 27 Sep 2019
Category General Announcement for PLC
Reference Number GA1-27092019-00051




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