Investor Relations

Acquisition Of A Shelf Company
BackAug 11, 1999
General Announcement
Reference No JT-990803-40748
Company Name : JAYA TIASA HOLDINGS BHD 
Stock Name : JTIASA
Date Announced : 11/08/1999

Type : Announcement
Subject : ACQUISITION OF A SHELF COMPANY

Contents :

The Board of Directors of Jaya Tiasa Holdings Berhad (the "Company") is pleased to announce that the Company has acquired a shelf company known as Palmiles Sdn Bhd (Company No. 490274-A) ("Palmiles") with two (2) ordinary shares of RM1.00 each, fully paid up for a total cash consideration of RM2,300.00. Palmiles was incorporated in Malaysia with an authorised share capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each.

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above acquisition.