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Merge Energy Bhd Announces Striking Off Of Merge Properties Management Services Sdn Bhd And Merge Trading Sdn Bhd, Wholly-Owned Subsidiaries


Friday, 13 Sep 2013 06:40am EDT 

Merge Energy Bhd announced that Merge Properties Management Services Sdn Bhd (MPMS) and Merge Trading Sdn Bhd (MT), wholly-owned subsidiaries of Merge, had on July 1, 2013, applied to the Companies Commission of Malaysia (CCM) for striking off pursuant to Section 308 of the Companies Act, 1965. The CCM had replied via its letter dated September 2, 2013 which was received on September 13, 2013, enclosing a notice informing that at the expiration of three months from the date of the notice, MPMS's and MT's name will, unless cause is shown to the contrary, be struck off the Register by the CCM and both MPMS and MT will be dissolved. MPMS and MT is a dormant company which was incorporated on January 27, 1983 and September 24, 1996 respectively. The authorised and paid-up share capital of MPMS are MYR500,000.00 and RM500,000.00 respectively. The authorised and paid-up share capital of MT are MYR5,000,000.00 and MYR200,003.00 respectively. The striking off of MPMS and MT has no material financial effect on Merge. 

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12 Dec 2014