CHHB is pleased to inform that pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Section 5(1)(a)(i) of the Companies Act 1965, Mines Global Holidays Sdn Bhd is a sub-subsidiary of CHHB by virtue of the Company controlling the composition of the board of directors of Mines Global Holidays Sdn Bhd.
Information on Mines Global Holidays Sdn. Bhd.
Mines Global Holidays Sdn Bhd was incorporated in Malaysia under the Companies Act, 1965 on 19 January 2011 with an authorised share capital of RM1,000,000.00 divided into 1,000,000 ordinary shares of RM1.00 each of which 600,000 ordinary shares have been issued and fully paid up. Mines Global Holidays Sdn Bhd is engaged in the business as travel agents and tour operators and to provide facilities in travelling and touring to travellers and tourist. Fifty percent (50%) of the issued and fully paid-up shares of Mines Global Holidays Sdn Bhd is held by Mines Marketing Sdn Bhd, a wholly-owned subsidiary of Golden Horse Palace Berhad, which in turn is a 81%-owned subsidiary of CHHB.
This announcement is dated 16 January 2015.