General Announcement for PLC

09/09/2020

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

COMINTEL CORPORATION BHD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
COMINTEL CORPORATION BHD ("Comcorp" or "the Company")
Transfer of the entire issued share capital of Total Package Work Sdn Bhd (formerly known as Indusmatic Corporation Sdn Bhd) ("TPW") and Comintel Mobility Sdn Bhd ("CMSB") from Comintel Sdn Bhd ("Comintel"), a wholly-owned subsidiary of Comcorp to Comcorp pursuant to the internal reorganisation ("Transfer of Subsidiaries")

The Board of Directors of Comcorp (“Board”) wishes to announce that the Transfer of Subsidiaries that was undertaken by the Company pursuant to the Reorganisation Agreement dated 22 July 2020 entered into amongst Comcorp, Comintel, TPW, CMSB, Comintel (HK) Limited, Comintel Tech Services Sdn Bhd, Comintel System Technologies Sdn Bhd, Comintel Green Technologies Sdn Bhd and PT. Intelcom Indonesia has been completed on 7 September 2020, upon receipt of the duly executed and stamped instrument of transfer on the even date.

 

Please refer to the attachment for details.

 

This announcement is dated 9 September 2020.




Please refer attachment below.

Attachments

Transfer.pdf
121.7 kB



Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 09 Sep 2020
Category General Announcement for PLC
Reference Number GA1-08092020-00053