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BackSep 03, 2018
Type Announcement
Subject OTHERS
Description

C.I. HOLDINGS BERHAD ("CIHB" or "the Company") - Incorporation of a new subsidiary, namely Tradekey PT Foods Nigeria Limited in the Federal Republic of Nigeria.

Following from our announcement to Bursa Malaysia Securities Berhad on 7 August 2018, we wish to clarify that the incorporation of the new subsidiary, namely Tradekey PT Foods Nigeria Limited in the Federal Republic of Nigeria on 24 July 2018, was made pursuant to the Nigerian Government’s mandatory requirement for the brand owners to register their brands and trademarks in Nigeria.

Notwithstanding the above, all key decision-making in terms of manufacturing, operations and financial sourcing requirements of Palmtop Vegeoil Products Sdn Bhd and its subsidairies remain locally in Malaysia.

This announcement is dated 3 September 2018.

 


Announcement Info

Company Name C.I. HOLDINGS BERHAD
Stock Name CIHLDG
Date Announced 03 Sep 2018
Category General Announcement for PLC
Reference Number GA1-03092018-00041

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