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Malaysian Bulk Carriers Berhad's Subsidiary Announces Incorporation Of Subsidiaries
Malaysian Bulk Carriers Berhad announced that its wholly-owned subsidiary, New Johnson Holdings Limited, has incorporated two wholly-owned subsidiaries in Singapore on April 25, 2013. Madu Shipping Pte Ltd and Molek Shipping Pte Ltd with $50,000 Issued and Paid-Up Share Capital each and the principal activities of both subsidiaries is Owner and operator of ships. The incorporation of the above subsidiaries will not have any material effect on the earnings and net assets of MBC Group for the financial year ending December 31, 2013.
Latest Developments for Malaysian Bulk Carriers Bhd
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