Date : 24 November 2020
OTHERS Aneka Jaringan Holdings Berhad ("Aneka Holdings" or "the Company") - Incorporation of a joint venture company
| ANEKA JARINGAN HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | Aneka Jaringan Holdings Berhad ("Aneka Holdings" or "the Company")
- Incorporation of a joint venture company |
The Board of Directors of Aneka Holdings wishes to announce that Aneka Jaringan Sdn Bhd, a wholly-owned subsidiary of the Company (“Aneka”), Sunway Geotechnics (M) Sdn Bhd (“SunGeo”) and Pertama Crane & Engineering Sdn Bhd (“Pertama”) have jointly established a joint venture company known as Sunway Aneka Pertama Geotechnics (PH) Inc. (“SAPGeo”), which has been incorporated on 20 November 2020 under the Revised Corporation Code of the Philippines (Republic Act No. 11232) and the Foreign Investments Act of 1991 (Republic Act No. 7042, as amended). The intended activities of SAPGeo are to undertake the design and/or construction of foundation, retaining, substructure and ground improvement works in Philippines. The initial paid-up share capital of SAPGeo at the date of incorporation is PHP10,000,000 (approximately USD200,000) comprising 250,000 ordinary shares. The shareholding proportions in SAPGeo are SunGeo 43%, Aneka 42% and Pertama 15%. This announcement is dated 24 November 2020. |
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Announcement Info
| Company Name | ANEKA JARINGAN HOLDINGS BERHAD |
| Stock Name | ANEKA |
| Date Announced | 24 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04112020-00033 |