General Announcement for PLC

22/01/2016

OTHERS INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

XIN HWA HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY

Xin Hwa Holdings Berhad (“Company”) wishes to announce that the Company has on 21 January 2016 incorporated a wholly-owned subsidiary in Singapore under the name of “Xin Hwa Integrated Logistics Pte Ltd” (“XHIL”).

The issued and paid-up capital of XHIL is SGD2.00 comprising 2 ordinary shares of SGD1.00 each. The intended principal activities of XHIL are provision of transportation services, distribution and warehousing services and freight forwarding and custom brokerage services.

None of the directors and/or substantial shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the abovementioned incorporation.

The incorporation of XHIL is not expected to have any material effect on the Group’s earnings and net assets for the financial year ending 31 December 2016.

This announcement is dated 22 January 2016.



Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 22 Jan 2016
Category General Announcement for PLC
Reference Number GA1-22012016-00075


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