Alert share


Price Change Volume
Buy-Q / Buy Sell / Sell-Q
premium Premium Account Only
Live Quote
5 market depth level
Live intraday chart
Open Day Range Ref


Members' Voluntary Winding-Up of Bestex Corporation Sdn Bhd [Bestex], a dormant subsidiary of Scientex Incorporated Berhad ("SIB" or "the Company")

SCIENTEX INCORPORATED BERHAD

Type

Announcement
SubjectMembers' Voluntary Winding-Up of Bestex Corporation Sdn Bhd [Bestex], a dormant subsidiary of Scientex Incorporated Berhad ("SIB" or "the Company")

Contents :

1. Introduction

      The Board of Directors of SIB wishes to announce that SIB will place Bestex, a wholly-owned subsidiary of the Company, under Members' Voluntary Winding-up pursuant to Section 254(1) of the Companies Act, 1965.

      Mr Tan Beng Chai of 22 Jalan Matahari, 41100 Klang will be appointed as Liquidator of Bestex. The appointment of the Liquidator will be approved at the Extraordinary General Meetings on 14 April 2005.
    2. Details of Bestex Corporation Sdn Bhd
        Bestex was incorporated in Malaysia under the Companies Act, 1965 on 6 January 1994 and is a wholly-owned subsidiary of the Company. It was principally involved in investment holding. It ceased operations since the begining of the financial year ended 31 July 2004 and remained dormant since then. The Company does not have any plans to activate it.

    3. Effect of the Members' Voluntary Winding-up

    The Members' Voluntary winding-up of Bestex is not expected to have any material impact on the net tangible assets and earnings per share of the SIB Group for the financial year ending 31 July 2006. As of to-date, there was no material assets and liabilities in Bestex.



    Announcement Info

    Company NameSCIENTEX INCORPORATED BERHAD  
    Stock Name SCIENTX    
    Date Announced6 Apr 2005  
    CategoryGeneral Announcement
    Reference NoSI-050406-4C4F4

    Overview Market Search portfolio More
    Overview Market Search Portfolio More
    Recently Viewed