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TRANSOCEAN HOLDINGS BHD (“the Company” or “Transocean”) - Winding-Up Petition pursuant to Section 218(1)(e) for the Companies Act, 1965

TRANSOCEAN HOLDINGS BHD

TypeAnnouncement
SubjectTRANSOCEAN HOLDINGS BHD (“the Company” or “Transocean”)
- Winding-Up Petition pursuant to Section 218(1)(e) for the Companies Act, 1965
ContentsReference is made to the Company’s earlier announcement released on 24 September 2008 (reference no. CS-080924-52FD1), the Company wishes to further announce that the total original cost of investment for the 65% equity stake held by the Company’s 51% owned subsidiary, Transocean Freight Express Sdn Bhd (Company No. 487456 P) in Transocean Haulage Services Sdn Bhd (Company No. 385116 U) (“THS”) is RM649,999-00.

In view of THS is a loss-making subsidiary, all the cost of investment in THS has then been fully provided for as provision for diminution in investment.

This announcement is dated 25 September 2008.


Announcement Info

Company NameTRANSOCEAN HOLDINGS BHD  
Stock Name TOCEAN    
Date Announced25 Sept 2008  
CategoryGeneral Announcement
Reference NoCS-080925-3C850



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