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INTRODUCTION
Mesiniaga Berhad ( MB ) wishes to announce that its wholly owned
subsidiary, MESINIAGA SSO SDN. BHD.
( MSSO ) had on 7th November decided to voluntarily wind up and
has appointed En. Jasni Abdul Jalil as the liquidator to administer its
liquidation process.
INFORMATION ON MSSO
MSSO was incorporated on 1st June 1990 with a paid up capital of
RM100,000 comprising of 100,000 ordinary shares of RM1 each.
RATIONALE OF THE LIQUIDATION
MSSO ceased operations in Year 2007. Prior to it ceasing operations, MSSO was primarily engaged in
management training and consulting services. The decision to put MSSO into
liquidation was made after taking into consideration that there was no
further need for the company to remain in existence.
EFFECTS ON THE LIQUIDATION
MB is not expected to record any material loss arising from the liquidation
of MSSO. The liquidation also will not have any material effect on the issued
and paid-up share capital and substantial shareholders shareholdings of MB
and is not expected to have any material effect on the net assets per share,
gearing and earnings per share of the MB Group for the financial year ending
31 December 2012.
INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED TO MB
None of the directors and/or major shareholders of MB and/or persons
connected to them has any interest, whether direct or indirect, in the
liquidation.
This announcement is dated 8th November 2012.
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