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Power Root Berhad (formerly known as Natural Bio Resources Berhad) -INCORPORATION OF COMPANY

POWER ROOT BERHAD

TypeAnnouncement
SubjectPower Root Berhad (formerly known as Natural Bio Resources Berhad)
-INCORPORATION OF COMPANY
ContentsPower Root Berhad (formerly known as Natural Bio Resources Berhad) ("Power Root" or "the Company") wishes to announce that its wholly-owned subsidiary, Power Impian International Sdn. Bhd. has completed incorporating a new wholly-owned subsidiary, Power Impian International Pte. Ltd. (“PIIPL”), in Singapore (“Incorporation”).

PIIPL was incorporated on 6 August 2010 in Singapore as a private limited company under the Companies Act (Cap 50) and has an issued and paid-up capital of SGD 1.00 (equivalent to RM2.33).

PIIPL is principally engaged in network marketing and trading of products.

The Incorporation is not expected to have a material effect on the net assets, earnings, share capital, dividend and gearing of the Power Root for the financial year ending 28 February 2011.

None of the Directors and/or major shareholders of Power Root and/or persons connected to them have any interest, direct or indirect, in the Incorporation.

This announcement is dated 17 August 2010.


Announcement Info

Company NamePOWER ROOT BERHAD  
Stock Name PWROOT    
Date Announced17 Aug 2010  
CategoryGeneral Announcement
Reference NoC&-100817-62424



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