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Provider: Wright Reports
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MQ Technology Bhd Winds up Subsidiary
MQ Technology Bhd announced that its wholly-owned subsidiary, Microlead Engineering Sdn Bhd (MESB), has on 31 December 2012 commenced winding up proceedings voluntarily. MESB was incorporated in Malaysia as a private limited company. The present authorized share capital of MESB is MYR 500,000 comprising of 500,000 ordinary shares of MYR 1.00 each of which 448,188 ordinary shares have been issued and fully paid up. MESB has ceased its business operations and become a dormant company since 2009 and it is no longer required for MQ Group’s operations.
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