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BackDec 12, 2018
Type Announcement
Subject OTHERS
Description

GD Express Carrier Bhd (GDEX or the Company) Subscription of Shares in PT Gede Advisory Indonesia

PT Gede Advisory Indonesia was incorporated on 10 December 2018 with an issued and paid-up share capital of Rp. 18,000,000,000. Its intended principal activity is provision of management consultancy services.

 

 

Companies

No. of Ordinary Shares

%

Nominal Value

GD Express Carrier Bhd

54,000

30

Rp. 5,400,000,000*

GDEX SEA Sdn Bhd

126,000

70

Rp.12,6000,000,000**

Total

180,000

100

Rp.18,000,000,000

 

Notes:-

*   Equivalent to RM1,557,342.

** Equivalent to  RM3,633,799.

 

 

The above subscription does not have any effect on the issued and paid-up share capital of the Company and has no material effect on the earnings and net assets of GDEX and its subsidiaries for the financial year ending 30 June 2019.

 

None of the directors and/or substantial shareholders of GDEX, or persons connected to such director and/or substantial shareholder has any interest, direct or indirect, in the said incorporation.

 

This announcement is dated 12 December 2018.

 

 




Announcement Info

Company Name GD EXPRESS CARRIER BERHAD
Stock Name GDEX
Date Announced 12 Dec 2018
Category General Announcement for PLC
Reference Number GA1-12122018-00002