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Renewable Energy Asia Group Ltd Announces Striking Off Of Wholly-Owned Subsidiary


Monday, 29 Apr 2013 07:54am EDT 

Renewable Energy Asia Group Ltd announced that its wholly-owned subsidiary, Renewable Energy Asia Industries (Jiuquan) Co., Ltd. (REAJQ), a company incorporated in the People‚Äôs Republic of China (PRC), had been struck off from Jiuquan Administration of Industry and Commerce Authority (JAICA on April 24, 2013. REAJQ was incorporated for the purpose of engaging in wind power manufacturing operations in the Gansu Province. The Management had commenced the process of striking off REAJQ with JAICA as REAJQ had remained dormant due to the change of governmental policies in Gansu Province. The striking off of REAJQ is not expected to have any material impact on the consolidated net tangible assets or earnings per share of the Group for the financial year ending March 31, 2014. 

Company Quote

0.035
0.0020 +6.06%
26 Dec 2014