General Announcement for PLC

03/11/2020

OTHERS GREATECH TECHNOLOGY BERHAD ("GTB" OR "THE COMPANY") - INCORPORATION OF A NEW WHOLLY-OWNED SUBSIDIARY BY GREATECH INTEGRATION (M) SDN BHD ("GIM"), WHICH IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

GREATECH TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description 
GREATECH TECHNOLOGY BERHAD ("GTB" OR "THE COMPANY")
- INCORPORATION OF A NEW WHOLLY-OWNED SUBSIDIARY BY GREATECH INTEGRATION (M) SDN BHD ("GIM"), WHICH IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of GTB wishes to announce that GIM has on 29 October 2020 incorporated a new wholly-owned subsidiary, namely Greatech Integration (USA) Inc. ("GIUS") ("Incorporation") in Delaware, United States of America .

 

GIUS has an issued and paid up capital of USD1.00. The principal activities are design, development and production of system, machinery and equipment and related components and engineering services.

 

The Incorporation will not have any material impact on the earnings per share and net assets of GTB for the financial year ending 31 December 2020. None of the directors, major shareholders of GTB and/or persons connected with them has any interest, direct or indirect in the Incorporation.

 

This announcement is dated 3 November 2020.

 



Announcement Info

Company Name GREATECH TECHNOLOGY BERHAD
Stock Name GREATEC
Date Announced 03 Nov 2020
Category General Announcement for PLC
Reference Number GA1-03112020-00058


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