Textiles & Leather Goods

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Seongan Co Ltd to set up subsidiary

Monday, 1 Dec 2014 08:37pm EST

Seongan Co Ltd:To set up a subsidiary in Egypt, named Seng An Textile SAE, to be engaged in fiber products manufacturing.To hold 52 pct stake in the subsidiary by investing $520,000.

Prolexus Bhd incorporates new subsidiary

Tuesday, 11 Nov 2014 07:00pm EST

Prolexus Bhd:Has incorporated new wholly-owned subsidiary known as Prolexus International Ltd (Prolexus International) on Nov. 3.Certificate of incorporation was received by company on Nov. 12.Prolexus International will be principally involved in marketing and trading of apparel products and is expected to commence operation in Q3 of FY ending July 31, 2015.Existing paid-up capital of Prolexus International is $100,000.


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Provider: Reuters Investment Profile
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Provider: ICICI Direct
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