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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Bonia Corporation Berhad Dissolution of Indirect Wholly-Owned Subsidiary Company - GuangZhou Jia Li Bao Leather Fashion Co Ltd

BONIA CORPORATION BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Bonia Corporation Berhad
Dissolution of Indirect Wholly-Owned Subsidiary Company - GuangZhou Jia Li Bao Leather Fashion Co Ltd

Bonia Corporation Berhad (“Bonia” or “Company”) wishes to inform that the dissolution of its indirect wholly-owned subsidiary company namely GuangZhou Jia Li Bao Leather Fashion Co Ltd (“GJLB”), a company incorporated in the People’s Republic of China, has been completed.

 

Prior to the dissolution, GJLB was a 100%-owned subsidiary company of Kin Sheng Group Limited, which in turn is a direct wholly-owned subsidiary of Bonia. GJLB has ceased its business activities and the dissolution is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 30 June 2016.

 

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 dissolution of GJLB.

 

This announcement is dated 10 May 2016.






Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 10 May 2016
Category General Announcement for PLC
Reference Number GA1-10052016-00069




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