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Inari Bhd Acquires Inari Global (HK) Limited

Friday, 1 Mar 2013 04:22am EST 

Inari Bhd announced that the Company has subscribed one ordinary share of USD 1.00 in Inari Global (HK) Limited (IGL) for a cash consideration of USD 1.00 on March 1, 2013. IGL is a company incorporated in the British Virgin Islands. Arising from the said subscription, IGL has become a wholly-owned subsidiary of the Company. IGL was incorporated on November 27, 2012, and its principal activity is trading of semiconductor/electronic components and related goods. The authorized capital of IGL is USD 50,000 divided into 50,000 shares of USD 1.00 each and its issued and paid-up capital is one ordinary share of USD 1.00. IGL is expected to commence operations on March 1, 2013. 

Company Quote

0.01 +0.38%
24 Dec 2014