General Announcement for PLC

23/10/2020

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 Comintel (HK) Limited ("CHK") from Comintel Sdn Bhd ("Comintel"), a wholly-owned subsidiary of Comcorp, to Comcorp pursuant to the internal reorganisation ("Transfer of Subsidiary")

The Board of Directors of Comcorp wishes to announce that the Transfer of the entire issued share capital of Comintel (HK) Limited ("CHK") from Comintel Sdn Bhd ("Comintel"), a wholly-owned subsidiary of Comcorp, to Comcorp pursuant to the Reorganisation Agreement dated 22 July 2020 entered into amongst Comcorp, Comintel, Total Package Work Sdn Bhd (formerly known as Indusmatic Corporation Sdn Bhd (“TPW”), Comintel Mobility Sdn Bhd (“CMSB”), CHK, Comintel Tech Services Sdn Bhd, Comintel System Technologies Sdn Bhd, Comintel Green Technologies Sdn Bhd and PT. Intelcom Indonesia has been completed on 21 October 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 23 October 2020.




Please refer attachment below.



Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 23 Oct 2020
Category General Announcement for PLC
Reference Number GA1-23102020-00084