JOHORE TIN BERHAD (“JTB” or “the Company”) – SUBSCRIPTION OF ADDITIONAL SHARES IN ABLE DAIRIES MARKETING SDN. BHD. BY ABLE DAIRIES SDN. BHD., THE WHOLLY OWNED SUBSIDIARY OF THE COMPANY
| JOHORE TIN BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description |
JOHORE TIN BERHAD ("JTB" or "the Company")
- SUBSCRIPTION OF ADDITIONAL SHARES IN ABLE DAIRIES MARKETING SDN. BHD. BY ABLE DAIRIES SDN. BHD., THE WHOLLY OWNED
SUBSIDIARY OF THE COMPANY |
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The Board of Directors of JTB wishes to announce that Able Dairies Sdn. Bhd. (“ADSB”), the wholly owned subsidiary of the Company had subscribed an additional 254,949 Ordinary Shares at an issued price of RM1.00 each in the capital of Able Dairies Marketing Sdn. Bhd. (“Able Dairies Marketing”) AND THAT after the new subscription, ADSB holds 255,000 Ordinary Shares representing 51% of the equity interest in the capital of Able Dairies Marketing. The number of issued shares and share capital of Able Dairies Marketing now stands at 500,000 ordinary shares equivalent to RM500,000.00. This announcement is dated 14 September 2017. |
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Announcement Info
| Company Name | JOHORE TIN BERHAD |
| Stock Name | JOHOTIN |
| Date Announced | 14 Sep 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09082017-00014 |