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Ancom Berhad (“Ancom” or “Company”) wishes to announce that its subsidiary companies, namely, Synergy Point Sdn Bhd (“SPSB”) and Synergy Concepts Sdn Bhd (“SCSB”), had each held their respective extraordinary general meetings on 1 June 2009 at which it was resolved that SPSB and SCSB be wound-up voluntarily.
SPSB and SCSB have appointed Mr. Kwong Sea Yoon of 4th Floor, Bangunan Fung Keong, 108 Jalan Tun H.S. Lee 50000 Kuala Lumpur as the Liquidator.
SPSB and SCSB are both wholly-owned subsidiary companies of Synergy Trans-Link Sdn Bhd, a 75.2%-owned subsidiary of the Company. SPSB and SCSB have ceased their ship operating business after disposing their respective vessels earlier and are currently dormant.
The liquidation of SPSB and SCSB is not expected to have a material effect on the earnings and net assets of the Ancom Group for the financial year ending 31 May 2010. None of the Directors or substantial shareholders of Ancom or persons connected to them is interested, directly or indirectly, in the aforesaid liquidation.
This announcement is dated 2 June 2009. |
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