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EP Manufacturing Bhd Announces Re-Organisation Of Group Structure

Thursday, 3 Oct 2013 05:35am EDT 

EP Manufacturing Bhd announced that Peps-JV (M) Sdn Bhd, a wholly-owned subsidiary of the Company has on October 3, 2013 acquired the entire equity interest representing 2 ordinary shares of MYR1.00 each in Peps-JV (Melaka) Sdn Bhd (formerly known as EPTS Manufacturing Sdn Bhd) from EP Polymers (M) Sdn Bhd, another wholly-owned subsidiary of the Company, for a cash consideration of MYR2.00. Peps-JV (Melaka) was incorporated on July 27, 2006. As at the date hereof, Peps-JV (Melaka) has an authorized and paid-up share capital of RM100,000.00 and RM2.00 respectively. Peps-JV (Melaka) is dormant and its intended principal activity after the Internal Re-organisation will be manufacturing of automotive components. 

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0.02 +2.60%
29 Jan 2015