WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR APPLICATION TO STRIKE OFF DORMANT SUBSIDIARIES PURSUANT TO SECTION 550 OF THE COMPANIES ACT, 2016
|MMC CORPORATION BERHAD|
|Subject||WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
APPLICATION TO STRIKE OFF DORMANT SUBSIDIARIES PURSUANT TO SECTION 550 OF THE COMPANIES ACT, 2016
We refer to our announcement dated 11 January 2018.
MMC Corporation Berhad (“MMC” or “Company”) wishes to announce that it has today received notification from Messrs. Aftaas Corporate Advisory Services Sdn Bhd to confirm that MMC Utilities Holdings Sdn Bhd (747355-M) and MMC Rail Ventures Sdn Bhd (224658-M), wholly-owned dormant subsidiaries of MMC, have been struck off from the Register by the Companies Commission of Malaysia pursuant to Section 551(3) of the Companies Act 2016 (“Striking Off”).
The Striking Off will not have any material impact on the earnings, net assets and gearing of the Company for the financial year ending 31 December 2018.
None of the Directors or Major Shareholders of MMC or persons connected to them has any interest, direct or indirect in the Striking Off.
This announcement is dated 26 November 2018.
|Company Name||MMC CORPORATION BERHAD|
|Date Announced||26 Nov 2018|
|Category||General Announcement for PLC|