OTHERS KOTRA INDUSTRIES BERHAD ("KOTRA" or "the Company") - Incorporation of a wholly-owned subsidiary company

KOTRA INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
KOTRA INDUSTRIES BERHAD ("KOTRA" or "the Company")
- Incorporation of a wholly-owned subsidiary company

The Board of Directors of the Company wishes to announce that the Company had on 21 February 2018 incorporated a wholly-owned subsidiary company namely, Biglink Rewards Sdn. Bhd. (Company No. 1269260-X) (“BigLink”).

BigLink, a private limited company incorporated in Malaysia and having its registered office at No. 60-1, Jalan Lagenda 5, Taman 1 Lagenda, 75400 Melaka with the paid-up share capital of RM1.00 divided into 1 ordinary share.

Its intended business is to provide the service of customer loyalty schemes.

The transaction is not expected to have any material impact on KOTRA Group’s earnings for the financial year ending 30 June 2018.

None of the Directors and/or major shareholders of KOTRA or any persons connected to them has any interest, direct or indirectly in the incorporation.

This announcement is dated 21 February 2018.






Announcement Info

Company Name KOTRA INDUSTRIES BERHAD
Stock Name KOTRA
Date Announced 21 Feb 2018
Category General Announcement for PLC
Reference Number GA1-21022018-00077