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Karambunai Corp Bhd Announces Strike-Off Of Dormant Subsidiary

Tuesday, 23 Jul 2013 08:00pm EDT 

Karambunai Corp Bhd announced the strike-off of Karambunai Two Golf & Country Club Sdn Bhd (KTGC) pursuant to the Companies Act, 1965 with effect from July 22, 2013. KTGC is incorporated in Malaysia and is a wholly owned subsidiary company of KCB. Since KTGC is a dormant company, the striking off of KTGC is not expected to have any material financial effect on the net assets and earnings of KCB for the financial year ending March 31, 2014. 

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