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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Members voluntary winding-up of dormant subsidiaries (i) Ataly Industries Sdn. Bhd., and (ii) Eclat World Sdn. Bhd.

BONIA CORPORATION BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Members voluntary winding-up of dormant subsidiaries    (i) Ataly Industries Sdn. Bhd., and (ii) Eclat World Sdn. Bhd.

Bonia Corporation Berhad (“Bonia” or “Company”) wishes to inform that: (i) Ataly Industries Sdn. Bhd. (“AISB”), and (ii) Eclat World Sdn. Bhd. (“EWSB”), both are wholly-owned dormant subsidiaries of the Company, have been placed under members’ voluntary winding-up on 24 June 2022, and the acknowledgement receipt of the Notices of Resolution on Members’ Voluntary Winding up by Suruhanjaya Syarikat Malaysia, were received by the Company on 28 June 2022.

 

The original cost of investment of Bonia in AISB and EWSB are RM1,200,000 and RM2,500,001 respectively. The voluntary winding-up of AISB and EWSB are part of Bonia’s continued initiative to eliminate unnecessary administrative costs in maintaining dormant subsidiaries. The voluntary winding-up are not expected to have any material effect on the earnings or net assets of the Bonia Group for the financial year ending 30 June 2022. Barring any unforeseen circumstances, the voluntary winding-up process will take approximately 12 months to complete.

 

None of the Directors or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the voluntary winding-up of AISB and EWSB, and no approvals of shareholders are required.

 

This announcement is dated 28 June 2022.






Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 28 Jun 2022
Category General Announcement for PLC
Reference Number GA1-28062022-00049




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