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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR MEMBERS VOLUNTARY WINDING-UP OF MMC OVERSEAS PTE. LTD. ("MMCO")

MMC CORPORATION BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
MEMBERS VOLUNTARY WINDING-UP OF MMC OVERSEAS PTE. LTD. ("MMCO")

We refer to the announcement of 2 April 2019 (“Announcement”) in relation to the above matter. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcement.

MMC Corporation Berhad (“MMC”) wishes to announce that the final meeting for the members’ voluntary winding-up of MMCO was duly held today, 10 September 2020.

In accordance with Section 131(1) of the Labuan Companies Act, 1990, MMCO will be dissolved after the expiration of three (3) months from the date of lodgement of the return by liquidator relating to the final meeting with Labuan Financial Services Authority and the Official Receiver (“Dissolution”).

The Dissolution is not expected to have any material effect on the earnings, net assets and gearing of MMC Group of Companies (“MMC Group”) for the financial year ending 31 December 2020. The Dissolution is also not expected to have material operational impact on MMC Group.

None of the directors or major shareholders of MMC or persons connected with them has any interest, direct or indirect, in the Dissolution.

This announcement is dated 10 September 2020.






Announcement Info

Company Name MMC CORPORATION BERHAD
Stock Name MMCCORP
Date Announced 10 Sep 2020
Category General Announcement for PLC
Reference Number GA1-09092020-00066




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