The Board of Directors of MB World Group Berhad (formerly known as Emas Kiara Industries Berhad) (“MB World” or “the Company”) wishes to announce that the Company has incorporated the following two new wholly-owned subsidiaries:-
Name of subsidiary
|
Date of Incorporation
|
Authorised Capital
|
Issued and Paid Up Capital
|
Intended principal activity
|
MB WORLD TRADING SDN. BHD. (“MBWT”)
|
3 October 2016
|
RM400,000-00 divided into 400,000 ordinary shares of RM1-00 each
|
2 ordinary shares of RM1-00 each fully paid
|
Trading in building materials and general merchandise
|
MB WORLD BUILDERS SDN. BHD. (“MBWB”)
|
3 October 2016
|
RM1,000,000-00 divided into 1,000,000 ordinary shares of RM1-00 each
|
2 ordinary shares of RM1-00 each fully paid
|
Building and construction business
|
This announcement is dated 5 October 2016.