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IHH Healthcare Bhd Announces Internal Reorganisation Of Group Structure

Tuesday, 12 Nov 2013 04:36am EST 

IHH Healthcare Bhd announced that Parkway Pantai Limited (PPL), an indirect wholly-owned subsidiary of the Company has on November 12, 2013, acquired two ordinary shares of MYR1 each, representing 100% of the total issued and paid-up share capital of Pantai Diagnostics Indonesia Sdn Bhd (PDI) from Pantai Holdings Berhad (PHB), an indirect wholly-owned subsidiary of PPL, for a total cash consideration of MYR2 (Internal Reorganisation). PDI was incorporated on May 3, 2002 and its authorised and paid-up share capital are MYR100,000 and MYR2 respectively. PDI is presently dormant and its intended principal activity is investment holding. Upon completion of the Internal Reorganisation, PDI has become a direct subsidiary of PPL. 

Company Quote

0.01 +0.20%
19 Aug 2014