OTHERS

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

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 255,000 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 510,000 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 1,000,000 ordinary shares equivalent to RM1,000,000.00.


Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 01 Feb 2018
Category General Announcement for PLC
Reference Number GA1-01022018-00013