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REDtone International Bhd Announces Incorporation Of 70%-Owned Subsidiary In Malaysia - REDtone MEX Sdn Bhd

Wednesday, 3 Jul 2013 08:00pm EDT 

REDtone International Bhd announced that the Company had on July 3, 2013 incorporated a 70%-owned subsidiary in Malaysia, namely REDtone MEX Sdn Bhd. The authorised share capital of RMSB is MYR400,000 divided into 400,000 ordinary shares of MYR1.00 each with its issued and fully paid-up share capital of MYR10.00 divided into 10 ordinary shares of MYR1.00 each. RMSB is currently dormant and the intended principal activity is to provide tele-health services. The remaining 30% of the equity interest in RMSB is owned by People Health Sdn Bhd. 

Company Quote

-0.0050 -0.63%
4:50am EDT