25 April 2006
Type |
Announcement |
Subject | MEMBERS’ VOLUNTARY WINDING-UP EXERCISE OF CELCOM ACADEMY SDN BHD |
The Winding-up of CA is expected to be completed by August 2007 or about 16 months from the date of
appointment of the Liquidators.
Information on CA
CA was incorporated in Malaysia on 21 May 1992. Its present authorised and issued and paid-up capital
are RM25,000 comprising 25,000 ordinary shares of RM1.00 each and RM3 comprising 3 ordinary shares
of RM1.00 each respectively. The principal activity of the Company was the provision of training related
services. The Company has ceased its operations since 2004.
Rationale for the Winding-up
The Winding-up exercise of this company is part of the rationalisation and streamlining exercise of the TM Group.
Financial Effects of the Winding-up
The Winding-up of CA will not have any material effect on TM Group.
Directors’ and Substantial Shareholders’ Interest
None of the Directors and Substantial Shareholders of TM or persons connected with them has any
interest, direct or indirect, in the Winding-up.
Directors’ Opinion on the Winding-up
The Directors of TM are of the opinion that the Winding-up is in the best interest of TM.
Company Name | TELEKOM MALAYSIA BERHAD |
Stock Name | TM |
Date Announced | 25 Apr 2006 |
Category | General Announcement |
Reference No | TM-060425-57873 |