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Sarawak Cable Bhd Announces Acquisition Of New Subsidiary


Wednesday, 11 Sep 2013 04:15am EDT 

Sarawak Cable Bhd announced that the Company has on September 11, 2013 acquired two (2) ordinary shares of MYR1.00 each in the share capital of Aerial Power Lines Sdn. Bhd, at a total cash consideration of MYR2.00. Subsequent to the acquisition of the said shares, APLSB became a 100% owned subsidiary of the Company. APLSB is a dormant company and its intended principal activities are to provide civil aviation services and related activities such as providing power line surveillance, maintenance, repairs and air-transport services to various utilities companies in the region. 

Company Quote

1.37
-0.01 -0.72%
26 Dec 2014