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Asia Brands Bhd disposes subsidiary to another wholly owned subsidiary


Monday, 31 Mar 2014 08:00pm EDT 

Asia Brands Bhd:Disposed off entire shares held in a subsidiary, B.U.M. Holdings (M) Sdn Bhd comprising 1,000,000 ordinary shares of 1.00 each Ringgit, representing 100 pct of the total paid-up capital in B.U.M. Holdings at a total consideration of 1,000,000.00 Ringgits to Anakku Sdn Bhd, another subsidiary.As a result, B.U.M. Holdings ceased to become a wholly-owned subsidiary of the company and became a sub subsidiary company. 

Company Quote

3.56
0.08 +2.30%
17 Sep 2014