DISSOLUTION OF A SUBSIDIARY COMPANY

AMSTEEL CORPORATION BERHAD

Type

Announcement
SubjectDISSOLUTION OF A SUBSIDIARY COMPANY

Contents :

The Board of Directors of Amsteel Corporation Berhad ("Amsteel" or the "Company") wishes to announce that Subang Parade Management Sdn Bhd ("Subang Parade Management"), a dormant wholly-owned subsidiary of Amsteel Capital Holdings Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, had on 27 September 2005 lodged with the Companies Commission of Malaysia the relevant statutory forms together with the Liquidator's Statement of Accounts in relation to the members' voluntary winding-up.


Pursuant to Section 272(5) of the Companies Act, 1965, Subang Parade Management was dissolved on 27 December 2005 ("Dissolution").

The Dissolution does not have any material impact on the earnings and net assets of the Amsteel Group.



Announcement Info

Company NameAMSTEEL CORPORATION BERHAD  
Stock Name AMSTEEL    
Date Announced27 Dec 2005  
CategoryGeneral Announcement
Reference NoAA-051227-45DD0