COMPANY ANNOUNCEMENTS

Date : 30 October 2020

OTHERS CESSATION OF BUSINESS OPERATIONS OF SUMMIT CD (M) SDN BHD (FORMERLY KNOWN AS GSB SUMMIT CD (M) SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KERJAYA PROSPEK PROPERTY BERHAD ("KPPROP")

KERJAYA PROSPEK PROPERTY BERHAD

Type Announcement
Subject OTHERS
Description
CESSATION OF BUSINESS OPERATIONS OF SUMMIT CD (M) SDN BHD (FORMERLY KNOWN AS GSB SUMMIT CD (M) SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KERJAYA PROSPEK PROPERTY BERHAD ("KPPROP")

The Board of Directors of KPPROP wishes to announce that Summit CD (M) Sdn Bhd (SCDM) (formerly known as GSB Summit CD (M) Sdn Bhd), a wholly-owned subsidiary of KPPROP, had on 30 October 2020 decided to cease its business operations in manufacturing and replication of optical discs (the Cessation). Pursuant to Paragraph 1.01 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, SCDM is not a major subsidiary of KPPROP.   

 

Please refer to the attachment for the details of the Cessation of Business Operation of Summit CD (M) Sdn Bhd.

 

 

This announcement is dated 30 October 2020.

 




Please refer attachment below.



Announcement Info

Company Name KERJAYA PROSPEK PROPERTY BERHAD
Stock Name KPPROP
Date Announced 30 Oct 2020
Category General Announcement for PLC
Reference Number GA1-22102020-00017


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