General Announcement

18/06/2008

SERSOL TECHNOLOGIES BERHAD (SERSOL OR THE COMPANY) INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL IN MULTI SQUARE COATING (THAILAND) CO. LTD. (MSCT), A WHOLLY-OWNED SUBSIDIARY COMPANY OF SERSOL

SERSOL TECHNOLOGIES BERHAD

TypeAnnouncement
SubjectSERSOL TECHNOLOGIES BERHAD (SERSOL OR THE COMPANY)
INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL IN MULTI SQUARE COATING (THAILAND) CO. LTD. (MSCT), A WHOLLY-OWNED SUBSIDIARY COMPANY OF SERSOL
ContentsThe Board of Directors of Sersol wishes to announce that the Companys wholly-owned subsidiary company, Multi Square Sdn Bhd (MSSB), has on 17 June 2008, subscribed for an additional 50,000 ordinary shares of Thai Baht (THB) 100 each in MSCT, a wholly-owned subsidiary company of MSSB. Consequently, the issued and paid-up share capital of MSCT has increased from THB4,000,000 to THB9,000,000. The said additional subscription arises is due to the capitalization of advances extended to MSCT by MSSB for working capital purposes.

MSCT has also increased its authorised share capital from THB4,000,000 comprising 40,000 ordinary shares of THB100 each in MSCT to THB9,000,000 comprising 90,000 ordinary shares of THB100 each in MSCT.

MSCT was incorporated on 16 January 2007 and is principally involved in the business of manufacturing and sales of industrial coating for consumer products, parts and components for industrial goods.

Announcement Info

Company NameSERSOL TECHNOLOGIES BERHAD (MESDAQ Market) 
Stock Name SERSOL
Date Announced18 Jun 2008  
CategoryGeneral Announcement
Reference NoC&-080618-40974

Related Announcements for SERSOL
Date Title
30/03/2015 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SERSOL BERHAD (“SERSOL” OR “COMPANY”) PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PRIVATE PLACEMENT”)
28/10/2014 OTHERS NOTIFICATION OF EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUE OF SHARES WITH WARRANTS (“EXTENSION OF TIME”)
28/10/2014 WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Winding up Petition by Multi Square Sdn Bhd, a wholly-owned subsidiary of Sersol Berhad against E W Plastic Sdn Bhd (KL High Cout Petition No. 28NCC-766-10/2014) and Civil Suit against its guarantor, Mr Lee Chee Meng (KL High Court Suit No. 22NCC-357-09/2014)
27/10/2014 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SERSOL BERHAD (“SERSOL” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)
23/10/2014 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SERSOL BERHAD (“SERSOL” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)
12/09/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
08/09/2014 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SERSOL BERHAD (“SERSOL” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)
08/09/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
05/09/2014 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SERSOL BERHAD (“SERSOL” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)
24/07/2014 OTHERS SERSOL BERHAD ("the Company" or "SerSol") - Offer of Options under Share Issuance Scheme ("SIS")