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Weida (M) Bhd acquires new subsidiary


Tuesday, 1 Apr 2014 05:30am EDT 

Weida (M) Bhd:Subscibed seven ordinary shares of 1.00 Ringgits each in the share capital of MEMCOR (Malaysia) Sdn Bhd, at a total cash consideration of 7.00 Ringgits.Subsequent to the subscription of the said shares, MEMCOR became a 70 pct owned subsidiary.MEMCOR is currently a dormant company and its intended principal activity is telecommunications. 

Company Quote

1.65
-0.03 -1.79%
24 Apr 2015